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Barclays Africa wins top overall bank for 5th consecutive year in the Risk South Africa Rankings 2014 survey  

 10/7/2014 
Named best FX Products (Overall) by clients

Barclays Africa has been named the top overall bank in the Risk South Africa Rankings 2014 survey for the fifth consecutive year.

"Maintaining our position as the top overall bank in South Africa, as voted by our clients, is an affirmation of the relevance of our client-centric approach and how it helps our clients realise their ambitions," said Stephen van Coller, Chief Executive of the Corporate and Investment Banking division of Barclays Africa.

In addition to the top investment bank award, Barclays Africa retained its first position ranking in FX Products (Overall) as well as Forward Rate Agreements, Repurchase Agreements, FX Options (US dollar/Rand), FX Forwards (US dollar/Rand), FX Swaps (US dollar/Rand), Credit Default Swaps, and Structured Products.

The bank also claimed first place in a new Delta One Products category and improved from second place to first in Interest Rate Exotics.

"We have a compelling advantage in Corporate and Investment Banking and it is a key segment for the group. This is a clear testament to the benefit that our clients are gaining through the combination of local presence and global expertise that only Barclays can provide on the African continent," added van Coller.

The poll is divided into four different sections: interest rate; currency; equity; and others (credit, commodities, structured products and sub-Saharan markets). All of the awards are based on the votes of dealers, brokers, corporates and asset managers in South Africa who were asked to vote for their top dealers in categories in which they had traded over the past year.

Ends

About Corporate and Investment Banking at Barclays Africa

The Corporate and Investment Banking division from Barclays Africa is a leading corporate and investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.

Recent awards include:

  • "Best Domestic Cash Management House? Euromoney Cash Management Survey 2014;
  • "Best Investment Bank in Africa? Euromoney 2014 Awards for Excellence;
  • "Best M&A House in Africa? Euromoney 2014 Awards for Excellence;
  • "Overall African Deal of the Year? Project Finance Deals of the Year 2013;
  • "Best Securitisation & Structured Finance Deal in Africa? The Banker Deals of the Year 2014;
  • "Solar Deal of the Year? World Finance 2013; and
  • "African Renewable Energy Deal of the Year" PFI Awards 2013.

To find out more visit http://www.cib.barclaysafrica.com/

About the Risk South Africa Rankings survey

Risk magazine is a leading global financial risk management magazine and its highly influential survey - the Risk South Africa Rankings - forms part of a series of surveys conducted across a range of sectors in the financial and capital markets.

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