Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, has been
recognised as the ‘Best Local Currency Bond House’ at the EMEA Finance Awards for the second
consecutive year. This award highlights the company’s outstanding performance and pivotal
role in the Nigerian capital markets.
In addition to the ‘Best Local Currency Bond House’ award, Stanbic IBTC Capital also earned
four other recognitions at the EMEA Finance Achievement Awards ceremony, which was held in
London on Thursday, 06 May 2024. These include the Best Sovereign Sukuk Programme Award
for managing Nigeria’s ₦150 billion domestic Sukuk programme; demonstrating the firm’s
expertise in supporting government initiatives through innovative Islamic finance.
The firm also received the Best Naira Bond award for its role in Flour Mills of Nigeria’s ₦46
billion 3-year Fixed-rate Bond issuance, demonstrating its proficiency in navigating the local
debt market and supporting the strategic growth of its corporate clientele.
Finally, the Best Project Bond in EMEA Award was conferred on Stanbic IBTC Capital for acting
as Lead Issuing House and Adviser in Lagos Free Zone’s ₦17.5 billion 20-Year InfraCredit
Guaranteed Issuance. These awards collectively affirm Stanbic IBTC Capital’s market leadership
position in the investment banking sector and its commitment to providing innovative
investment banking solutions that drive economic growth and development in Nigeria.
Oladele Sotubo, Chief Executive of Stanbic IBTC Capital, expressed gratitude for the recognition
from EMEA Finance, thanking the company’s clientele for their trust.
“We remain deeply thankful to our clients for their continued trust and partnership. Their
support enables us to deliver innovative investment banking solutions that meet their needs
and drive Nigeria’s growth.
He emphasized that the company’s Investment Banking team aims to uphold the highest
standards of service and expertise; with the intention to always exceed clients’ expectations, in
line with Stanbic IBTC Group’s values, two of which are delivering to stakeholders and
constantly raising the bar.
The EMEA Finance Award is a highly respected and competitive annual event that recognises
the best financial institutions and transactions across Europe, the Middle East, and Africa
(EMEA).
Stanbic IBTC Capital’s multiple wins underline its position as a leading investment banking and
advisory firm in the Nigerian and broader African markets.
