The Banker Africa East Africa Awards, announced AfrAsia Bank as this year’s winner for the Best Corporate Bank, Mauritius, during the fourth Banker Africa East Africa Awards, held at the Crowne Plaza, Upper Hill, Nairobi, Kenya, on 18 May 2017.
The annual Banker Africa Awards are continent-wide programmes open to all banks and financial institutions in Africa and are designed to reward and promote excellence and competition in the drive to set new standards in the industry in quality of service, best practice and financial performance.
"The award is a testimonial of our solid operational and technical expertise in the corporate world, both on the local and international fronts. Our ability to consistently deliver superior value across markets is the substance behind the Bank’s success story. This could only be achieved when you have a team of experts genuinely listening to clients’ changing needs and responding with agility through tailored products and services,” comments Sanjiv Bhasin, CEO of AfrAsia Bank.
Each year The Banker, a publication on the banking sector, acknowledges banks for the best overall performance by country and region, with the winners chosen based on analysis of their financial results, as well as their strategic developments and overall achievements in the year. The winners of the corporate Awards were the result of a stunning 77,000 votes cast by the financial services community in East Africa, the largest number in the four-year history of the Banker Africa East Africa Awards.
“We are proud to be recognized by Banker Africa. This award validates our continued ability to help our customers navigate the current challenging market conditions often characterized by unpredictable volatility and turbulence. The Bank’s client-centric approach, commitment to high standard of service, innovative mind-set as well as a strong entrepreneurial culture enable us to meet evolving customer needs. Our corporate strategy is geared towards securing our market position in chosen business segments originating primarily from the domestic and chosen international markets while ensuring that the customer remains at the heart of the offer,” says Robin Smither, Senior Executive – Head Corporate Banking.
Besides AfrAsia Bank, some of the other renowned banking institutions that were rewarded during the ceremony include Standard Chartered, Barclays Bank and Citi Bank.