The African Export-Import Bank (Afreximbank) has emerge on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa.
Dr Benedict Oramah, president AfriExim Bank.
The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ Financial Group Inc. and Standard Chartered Bank.
Read also:Afreximbank Gets Global Credit Rating Upgrade
Afreximbank recorded a loan transaction volume of over $2.79 billion or 8.7 per cent of the market share while Mitsubishi UFJ Financial Group Inc. and Standard Chartered Bank accounted for 6.8 per cent and 6.4 per cent of the market shares respectively.
Afreximbank also ranked second among the Mandated Lead Arrangers for Africa Borrower Loans on the League Tables, moving up one place from last year’s ranking. Its market share was 6.7 per cent on a volume of $2.51 billion.
Read also:BFA Becomes First Angolan Bank to Sign on to Afreximbank’s Trade Facilitation Programme
Afreximbank came in behind the Standard Bank of South Africa, which accounted for 8.1 per cent of the market share but was ahead of Eastern and Southern African Trade and Development Bank whose market share stood at 4.5 per cent.
In the Administrative Agent ranking category, Afreximbank came in ninth with a 5 per cent market share and a volume of $8.85 billion. The category leader was Standard Chartered Bank, with a market share of 14.3 per cent, followed by BNP Paribas with 8.4 per cent market share and the National Bank of Egypt with 8.1 per cent market share.
Read also:Afreximbank’s 20TH Trade Finance Seminar and Workshop Holds in Durban, South Africa.
Bloomberg Africa Capital Markets League Tables rank the top arrangers, bookrunners and advisors across a broad array of deal types in Africa.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry