Hamid Ayodeji
The African Export-Import Bank
(Afreximbank) has emerged on top of the Bloomberg 2019 Africa Capital
Markets League Tables as the leading Bookrunner in Africa.
The 2019 Africa Capital Markets League
Tables released recently by Bloomberg showed that
Afreximbank was the
top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ
Financial Group Inc. and Standard Chartered Bank.
According to a statement, 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 Incorporated
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.
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.
Bloomberg Africa Capital Markets League
Tables rank the top arrangers, bookrunners and advisors across a broad
array of deal types in Africa.
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