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Rand Merchant Bank Nigeria Limited Wins Award
Rand Merchant Bank Nigeria Limited (RMBN) has won the Business Day Merchant Bank of the Year award for the fourth year in a row.
The financial institution also won the Debt Capital Markets Bank of the Year Award for the Third Consecutive Year and Corporate Finance advisor of the Year at the Banks & Other Financial Institutions Awards.
Reflecting on the awards, a statement quoted RMBN CEO & Regional Head RMB West Africa, Michael Larbie to have said: “We are really delighted to have won these awards, which further cements our reputation as a significant player in the Nigerian financial services industry and reinforces our commitment to our clients.
“It has indeed been a challenging year with institutions and businesses adapting to the aftereffects of the pandemic and devising strategies to remain relevant & profitable. It is within this context that, the bank amplified its commitment to its clients, delivering innovative solutions and supporting them through the cycle.”
Larbie added: “As a financial institution, we are optimistic about the future of the Nigerian economy and the role we can play within it. We see a bright outlook for the banking sector in Nigeria with Merchant Banks presented with an opportunity to work together to better define our role in the Nigerian banking sector and deliver superior value to our clients.
“RMBN will continue to support its clients by developing new products and investing in new capabilities and platforms. We expect to consolidate our client relationships and position ourselves as a trusted, hard thinking and solutionist adviser and financier. We look forward to deepening our partnership with clients and stakeholders and to remaining integral to the Nigeria growth story.”
Publisher and CEO of BusinessDay, Frank Aigbogun was quoted to have also said: “These nominations are a testament to RMB’s creative problem-solving talent, strong balance sheet, extensive global distribution network, and robust technology which deployed synchronically, continue to deliver dividends in market leadership.”
The recent awards are a continuation of RMBN’s stellar track record in the industry. Last year, RMBN was awarded the Debt Deal of the Year at the 2020 African Bankers Awards for the Bank of Industry (BOI) €1 billion syndicated term loan.
