FIRST BANK TOPS LIST IN NIGERIA FOR BEST EMERGING MARKETS BANK

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Global Finance magazine has named the World’s Best Emerging Markets Banks in Africa in an exclusive survey to be published in the May 2014 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging markets bank in the region and in 31 countries.

First Bank of Nigeria made the list for Nigeria.

Criteria for choosing the winners
– growth in assets
– profitability
– strategic relationships
– customer service
– competitive pricing
– innovative products.

The report covers best banks in Latin America, Central & Eastern Europe, Asia-Pacific, the Middle East and Africa.

These banks are star performers under increasingly challenging conditions, the banks that Global Finance is honoring may not be the largest or oldest, but they are the best at targeting their products and offerings to the specific markets they serve.”

Best Emerging Markets Banks In Africa 2014
REGIONAL WINNER Standard Bank
Algeria – Arab Banking Corp Algeria
Angola – Standard Bank
Botswana – Barclays Bank of Botswana
Burkina Faso – United Bank for Africa (Burkina Faso)
Cameroon – United Bank for Africa (Cameroon)
Côte d’Ivoire – Standard Chartered
DR Congo – Trust Merchant Bank
Djibouti – International Commercial Bank (Djibouti)
Ethiopia – Commercial Bank of Ethiopia
Gambia – Standard Chartered Bank Gambia
Ghana – Ghana Commercial Bank
Guinea – Ecobank Guinea Conakry
Kenya – Barclays Bank of Kenya
Madagascar – Bank of Africa-Madagascar
Mali – Ecobank Mali
Mauritius – Bramer Bank
Morocco – Attijariwafa Bank
Mozambique – Millennium bim
Namibia – FNB Namibia
Nigeria First Bank of Nigeria
Rwanda – I&M Bank
Senegal – United Bank for Africa (Senegal)
Sierra Leone – Standard Chartered
South Africa – Standard Bank
South Sudan – Ivory Bank
Sudan – Faisal Islamic Bank
Togo – Ecobank
Tunisia – Banque Internationale Arabe de Tunisie
Uganda – Stanbic Bank Uganda
Zambia – Standard Chartered Bank Zambia
Zimbabwe – Standard Chartered Bank Zimbabwe