FLASHBACK: Winners of the 2017 African Banker Awards were announced at a prestigious Gala Dinner in Ahmedabad, India. This year the awards will be held in Busan, South Korea

Nominees for the 2018 African Banker Awards were announced on Thursday in London but awarding of the finalists will take place on May 22 in Busan, South Korea, Eagle Online understands.

The Awards, which are hosted by African Banker magazine, will be held during the Annual Meetings of the African Development Bank (AfDB) in Busan.

According to the organisers, this year’s shortlist sees another strong year for banks from Kenya, Morocco and Nigeria. Ecobank, Standard Bank and Standard Chartered, which have a large footprint across the continent, also feature across several categories.

Chair of the Awards Committee, Omar Ben Yedder, the Group Publisher and Managing Director of IC Publications Group  which publishes African Banker, said in the statement that :” I am once again impressed by the quality and breadth of entries this year.”

“We saw McKinsey earlier in the year releasing a very positive report analysing the banking landscape in Africa. The entries reaffirm their findings when they say Africa’s banking market are amongst the most exciting in the world,” he said.

He said the categories that caught his eye were innovation in banking and  that this year’s entries reflect the transformative role of fintech and also blockchain technology  as well as deal of the year, which is every year a very competitive category.

“Equity markets were a little slower in 2017, but we saw some interesting deals on the debt side and also transformative infrastructure financing structures. The quality of the entries, and sophistication of the solutions being presented, reflect a buoyant sector in continuous evolution,” he said.

The awards which are held under the patronage of the African Development Bank and, are sponsored by The African Guarantee Fund, Banco Nacional de Investimento (BNI), Groupe Crédit Agricole du Maroc and the Bank of Industry.

Ecobank will be the hosts of the African Banker Awards cocktail reception prior the awards. The Gala Dinner and Awards presentation will take place at the Paradise Hotel, Busan.

The shortlisted entries are:

African Banker of the Year:

  • Mohamed El Kettani – Attijariwafa Bank, Morocco
  • James Mwangi – Equity Group Holdings Plc, Kenya
  • Joshua Oigara – KCB, Kenya
  • Segun Agbaje – Guaranty Trust Bank, Nigeria

African Bank of the Year: 

  • Attijariwafa Bank, Morocco
  • Equity Group Holdings, Kenya
  • Guaranty Trust Bank, Nigeria

The Mauritius Commercial Bank, Mauritius

  • Standard Chartered

Best Retail Bank in Africa: 

  • Barclays, Zambia
  • Ecobank
  • KCB, Kenya
  • Millennium BIM, Mozambique
  • SBM Holdings, Mauritius

Investment Bank of the Year: 

  • Barclays Africa Group
  • Exotix
  • FNBQuest Merchant Bank, Nigeria
  • Standard Bank
  • Standard Chartered

Award for Financial Inclusion: 

  • Fourth Generation Capital Limited, Kenya
  • Groupe Crédit Agricole du Maroc, Morocco
  • Baobab Group, France
  • Equity Group, Kenya
  • JUMO World, South Africa

Award for Innovation in Banking: 

  • Agricultural Finance Corporation, Kenya
  • Ubuntu Coin
  • Banque Nationale pour le Développement Economique, Senegal
  • Ecobank
  • SBM Holdings, Mauritius

Socially Responsible Bank of the Year:

  • Barclays Bank, Zambia
  • BMCE Bank of Africa, Morocco
  • Equity Group, Kenya
  • First Bank of Nigeria, Nigeria
  • KCB Group, Kenya
  • Standard Chartered Bank Kenya, Kenya

Deal of the Year – Equity: 

  • ADES IPO – EFG Hermes, Egypt
  • First Rand Acquisition of Aldermore PLC – Rand Merchant Bank, South Africa
  • GAPCO sale to Total – Standard Chartered, South Africa
  • Long4Life IPO – Standard Bank, South Africa
  • Steinhoff Africa Retail Listing – Rand Merchant Bank, South Africa
  • Vodacom Tanzania IPO – National Bank of Commerce and Absa CIB, Tanzania

Deal of the Year – Debt:  

  • $300m Diaspora Bond – Standard Bank/FBNQuest Merchant Bank, Nigeria
  • $540 First Rand Asia Focused syndication – Standard Chartered, UK
  • Cape Town Green Bond – RMB, South Africa
  • Dufil Prima Foods – Standard Bank, South Africa
  • Nokeng Fluorspar – Fieldstone, South Africa
  • Viathan – Renaissance Capital, Nigeria

Infrastructure Deal of the Year: 

  • Nigeria Infrastructure Debt Fund – Chapel Hill Denham, Nigeria
  • Nacala Railway and Port Corridor – Standard Bank SA / RMB, South Africa
  • FIRST – Rand Merchant Bank, South Africa
  • AEE Power Project – RMB, Namibia

Individual recognition will also be given in the categories for the Regional Bank winners, Central Bank Governor of the Year, Finance Minister of the Year and Lifetime Achievement.