Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources. This is one of the largest finance deals completed in Nigeria so far in 2012. Shoreline has used the facility to acquire 45% in OML 30, an oilfield in the Niger Delta […]
Tag Archives: Standard Bank Group
Given the challenging global economic climate and evolving regulatory regime for banks, Standard Bank Group’s Corporate & Investment Banking business (CIB) is continuing to right size its international operations in a responsible and deliberate manner. As part of this process, CIB will be driving higher levels of efficiency in both its front and back […]
Standard Bank Group has emerged as the leading investor in the first round of South Africa’s renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects. Standard Bank Group will provide comprehensive corporate and investment banking services to all its clients, including underwriting R9.4-billion worth of debt, providing […]
Standard Bank Group has been ranked South Africa’s “greenest” company in the 2012 Newsweek Green Rankings. Standard Bank Group was ranked 21st globally in the Financial Sector category and 64th overall. Other South African companies included in the rankings were MTN, Bidvest and Sasol. Newsweek, an international weekly news magazine, publishes the Green Rankings […]
Football legends from throughtout Africa will join Standard Bank Group in celebrating the countdown to the upcoming continental football showpiece, the Orange Africa Cup of Nations, South Africa 2013. These legends will the ambassadors in the tournament’s official Trophy Tour as well as the Players’ Escort Programme. Standard Bank Group is the exclusive sponsor […]
Caterpillar Financial Services (Dubai) Limited (Cat Financial), an indirect subsidiary of Caterpillar Inc. and a wholly owned subsidiary of Caterpillar Financial Services Corporation, the largest financier of Cat® machines worldwide, and Standard Bank Group, Africa’s largest banking group, have entered into a collaboration agreement through which Standard Bank Group will provide a range of […]
The partnership with China should aim to boost Africa’s overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent’s regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon […]