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Who we are

At a glance

An African-focused, client-centric, digitally enabled integrated financial services group with compelling competitive advantages

Overview

With a market cap of approximately R169 billion (approx. USD10 billion) for the six months to 30 June 2020, Standard Bank offers a range of banking and related financial services across sub-Saharan Africa.

Our strategy
We are an African-focused, client-centric, digitally enabled integrated financial services group with compelling competitive advantages. Our strategy is underpinned by our purpose and revolves around delivering simple, relevant and holistic solutions to our clients through their channel of choice in a seamless manner. Our strategy provides us with the path to get there.
Our history
We have a 157-year history in South Africa, and started building a franchise in sub-Saharan Africa almost 30 years ago. We have an on-the-ground presence in 20 countries on the African continent, and solid local knowledge required to operate a successful business in Africa.

Our presence in and connection with, global financial centres enables us to facilitate investment and development flows in Africa, and to access international capital to facilitate growth, diversification and development in Africa. We also have a strategic partnership with the largest bank in the world, Industrial and Commercial Bank of China (ICBC), who is a 20% shareholder in the group.

Our performance

Standard Bank Group’s headline earnings for the six months to 30 June 2020 were R7.5 billion (USD453 million) and at 30 June 2020 total assets were R2.6 trillion (USD151 billion). Standard Bank employed just over 50 000 people (including Liberty) across all geographies and has 1 109 branches and 7 569 ATMs on the African continent.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB (negative) and Moody’s Ba1 (negative). The group has been listed on the JSE since 1970, with share code SBK, and the Namibian Stock Exchange, share code SNB.

  • Our strategy
  • Our history
  • Our performance

We are an African-focused, client-centric, digitally enabled integrated financial services group with compelling competitive advantages. Our strategy is underpinned by our purpose and revolves around delivering simple, relevant and holistic solutions to our clients through their channel of choice in a seamless manner. Our strategy provides us with the path to get there.

We have a 157-year history in South Africa, and started building a franchise in sub-Saharan Africa almost 30 years ago. We have an on-the-ground presence in 20 countries on the African continent, and solid local knowledge required to operate a successful business in Africa.

Our presence in and connection with, global financial centres enables us to facilitate investment and development flows in Africa, and to access international capital to facilitate growth, diversification and development in Africa. We also have a strategic partnership with the largest bank in the world, Industrial and Commercial Bank of China (ICBC), who is a 20% shareholder in the group.

Standard Bank Group’s headline earnings for the six months to 30 June 2020 were R7.5 billion (USD453 million) and at 30 June 2020 total assets were R2.6 trillion (USD151 billion). Standard Bank employed just over 50 000 people (including Liberty) across all geographies and has 1 109 branches and 7 569 ATMs on the African continent.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB (negative) and Moody’s Ba1 (negative). The group has been listed on the JSE since 1970, with share code SBK, and the Namibian Stock Exchange, share code SNB.

OUR PURPOSE

Africa is our home, we drive her growth

OUR VISION

To be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value

OUR VALUES

Serve as beacons for the behaviour and qualities that define us at our best as we execute our strategy
Our values in more detail

We believe in: Being proactive, Growing our people, Constantly raising the bar, Working in teams, Delivering to our stakeholders, Respecting each other, Serving our clients and Upholding the highest levels of integrity.

A diversified and integrated financial solutions offering

Personal & Business Banking

Banking and other financial services to individual clients, small-to medium-sized enterprises (SMEs) and commercial banking clients in South Africa, Africa Regions and the Channel Islands.

Corporate & Investment Banking

Corporate and investment banking services to clients, including governments, parastatals, larger corporates, financial institutions and multinational corporates.

Wealth

Wealth service and offerings include insurance, investments and advisory capabilities to high net worth, retail, business and commercial and corporate clients.

Liberty

Life insurance and investment management activities.