Absa Capital, the corporate and investment banking division of Absa Bank Ltd, was again ranked Overall Top Bank in the annual Risk magazine South Africa rankings survey for 2011, retaining its top spot from last year.
Underscoring their Markets leadership position in South Africa, Absa Capital was ranked first in a further eight categories, including foreign exchange (overall), risk management advisory and interest rate options and exotics.
Risk magazine is a leading global financial risk management magazine and its highly influential survey forms part of a series of surveys conducted across a range of sectors in the financial and capital markets.
“We are very pleased with these results. The Risk rankings are client-driven, bearing testament to the fact that our valued clients benefit from our unique fully local, fully global business model, client-centric approach and innovative product offering,” said Stephen van Coller, Chief Executive of Absa Capital.
Absa Capital’s ambition remains to be the premier wholesale bank operating in Africa and these results underscore the firm’s commitment to execution excellence.
“My colleagues and I at Absa Capital are particularly proud to have retained Overall Top Bank again this year, since we are celebrating our fifth anniversary, and as many years of shared success with our clients,” added van Coller.
Absa Capital was ranked first in the following categories:
- Bank Overall
- Currency Overall
- Risk Management Advisory
- Interest Rate Options
- Interest Rate Exotics
- Currency Forwards – US Dollar/Rand
- Currency Options – US Dollar/Rand
- Exchange Traded Funds
- Structured Products
Note to the editor:
About Absa Capital
Absa Capital, a division of Absa Bank Limited (Absa) and affiliated to Barclays Capital, is a leading South African investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.
+27 11 214 2409
+27 82 964 9884
For further information contact:
Marketing and Corporate Communications
+27 11 895 6695
+27 79 695 9798