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Standard Bank scoops Restructure of the Year award: Helps Escom save millions

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Standard Bank Limited has won the EMEA Finance award for the structuring advice it rendered to Malawi’s grid-power supplier – Electricity Supply Corporation of Malawi (ESCOM) Limited – which enabled the utility supplier to repay ZAR 79 million (about K3 billion) it owed the Development Bank of South Africa (DBSA). Making the announcement Standard Bank...

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