Barclays Africa Group Financial Markets Index 2017 - Corporate and ...

The Group registered head office is in Johannesburg, South Africa and owns majority stakes in banks in Botswana, Ghana ... Diamond Bank, PwC, International Monetary. Fund, The ..... African companies are unable to secure bank financing ...
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Barclays Africa Group Financial Markets Index 2017

Sponsored by Barclays Africa Group Limited Barclays Africa Group Limited is not affiliated with Barclays PLC

Barclays Africa Group Limited


The Barclays Africa Group Financial Markets Index was produced by OMFIF in association with Barclays Africa Group Ltd. The scores on p.7 and elsewhere record the total result (max=100) of assessments accross Pillars 1-6. For methodology see individual Pillar assessments and p.34-35. OMFIF conducted extensive quantitative research and data analysis with additional data input from Barclays. Qualitative survey data were collected and analysed by OMFIF with significant incountry expertise provided by Barclays. The report was written by OMFIF, with Barclays acting in an advisory capacity. © 2017 Barclays Africa Group Ltd. and OMFIF Ltd. All Rights Reserved.

Barclays Africa Group Limited Barclays Africa Group Limited (‘Barclays Africa Group’ or ‘the Group’) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups. Barclays Africa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance. We are strongly positioned as a fully local bank with regional and international expertise. We are committed to Shared Growth, which for us means having a positive impact on society and delivering shareholder value. Barclays Africa Group operates in 12 countries, with approximately 40 000 employees, serving close to 12 million customers. As of June 2017, Barclays PLC is a minority shareholder in Barclays Africa Group. The Group registered head office is in Johannesburg, South Africa and owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia and Nigeria.

The Official Monetary and Financial Institutions Forum is an independent think tank for central banking, economic policy and public investment – a non-lobbying network for best practice in worldwide publicprivate sector exchanges. At its heart are Global Public Investors – central banks, sovereign funds and public pension funds – with investable assets of $33.8tn, equivalent to 45% of world GDP. With offices in both London and Singapore, OMFIF focuses on global policy and investment themes – particularly in asset management, capital markets and financial supervision/regulation – relating to central banks, sovereign funds, pension funds, regulators and treasuries. OMFIF promotes higher standards, performance-enhancing exchanges between public and private sectors and a better understanding of the world economy, in an atmosphere of mutual trust.

Barclays Marketing and Events team Malcolm Isaacs, Business Manager, Lilian Karuri-Magero, Chief of Staff, Kirsten van der Nest, Marketing and Corporate Relations

OMFIF Editorial and Marketing team Simon Hadley, Production Manager, Kat Usita, Research Assistant, Oliver Thew, Programmes Manager, Sarah Holmes, Head of Meetings, Sarah Butler, Assistant Head of Development, James Fitzgerald, Marketing Executive.



Acknowledgements Barclays Africa Group Ltd Jeff Gable, Chief Economist George Asante, Managing Director and Head of Markets (Africa ex. SA) Garth Klintworth, Head of Markets OMFIF Danae Kyriakopoulou, Chief Economist and Head of Research Ben Robinson, Senior Economist Bhavin Patel, Economist

The authors consulted policy-makers, regulators and market practitioners across African financial markets in writing this report, whom we thank for their views and opinions.

Omotola Abimbola, Investment Analyst, Afrinvest Securities, Nigeria Tayo Adewale, Vice President, Equity Capital Markets, at Stanbi