Troika Dialog named best local investment bank in Russia

by Richard Kilner

Story link: Troika Dialog named best local investment bank in Russia

Troika Dialog has been recognised as the best local investment bank in Russia during 2008, according to the CEE & CIS Banking Awards by emeafinance magazine.

Leadership, outstanding status and excellence in financial performance are all attributes considered by the magazine when announcing their award winners.

The magazine praised the deal Troika Dialog made with South Africa’s Standard Bank in early March, which involved Standard Bank acquiring one third of the Russian investment bank.

Last month Troika named Alexander Nazarov, formerly of Credit Suisse, as its new MD of investment banking operations.

Other award winners include Sberbank, named best local bank in Russia, and ING which won the titles of best bank in Ukraine and Kazakhstan.

Standard Bank, Troika’s partner, was named as best bank in Africa.