• Saturday, July 13, 2024
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FBN Capital wins project finance, debt capital markets awards

FBN Holdings to pay N14.35bn dividend as gross earnings hit N1.59trn

FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings plc, has clinched three international awards: the EMEAFinance Project Finance award for ‘Best Infrastructure Deal in Nigeria 2012 (Apapa SPM)’, the Achievement Award for ‘Best Local Currency Bond House in EMEA’ and the Global Finance ‘Best Investment Bank in Nigeria 2013’ Award.

The awards, which are to be received from the awarding organisations at the Charity Dinner coming up in London in June and during the World Bank/IMF Meetings in Washington DC in October respectively, highlight FBN Capital’s leading position in Project Finance and Capital Markets in Nigeria.

The ‘Best Local Currency Bond House in EMEA’ and ‘Best Infrastructure Deal in Nigeria’ awards are in recognition of FBN Capital’s excellence in deal making, according to Chris Moore, CEO & publisher of EMEA Finance Magazine. “FBN Capital’s ability to draw together local and foreign banks to meet clients’ funding needs is a testament to the team’s deep understanding of the market.”

Read also: FBN Capital wins ‘Africa deal of the year’ at IJGlobal awards

In a survey conducted by Global Finance, the international financial publication based in New York, with input from industry analysts, corporate executives, banking consultants and technology experts in more than 20 countries around the world, FBN Capital emerged the winner in the Country Category.

Announcing the award from its New York headquarters, Joseph Giarraputo, Global Finance president and publisher said “Investment banks are now operating in a world where returns are expected to be lower than ever. The trust of one’s clients is now the most important quality that an investment bank can have,” he said.

Among the criteria for choosing the winners are market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation. 47 financial institutions across Africa, North America, Latin America, Europe, Asia-Pacific and Middle East are scheduled to participate in the award ceremony