Standard Bank Group awarded Best Foreign Bank in Russian Precious Metals Market
9 December 2011

Standard Bank Group's expertise in the commodities sector has been recognised by an award from the Russian Bullion Market Association for Best Foreign Bank in the Russian precious metals market.

The 6th Annual Russian Bullion Awards is organised by Russkiy Zolotoy Portal, the primary information source for the precious metals market in Russia. Standard Bank Group has regularly been recognised by the Russian Bullion Market Association and has always been placed in the top three since 2006.

Katarina Cvijovic, Head of Precious Metals at Standard Bank Group, says: "We are delighted to receive such industry recognition for our successes and expertise in this market. These awards recognise Standard Bank Group's commitment to the Russian precious metals market and, more so, demonstrate the value and recognition by our clients and other market participants for the value we bring."

The seminar and awards dinner attracted Russian bullion banks as well as international banks, producers and refineries from Russia and Kazakhstan. The majority of Russian Bullion banks were included in the voting panel.

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