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Who we are

At a glance

An African-focused, client-centric, digitally enabled, integrated financial solutions provider

Overview

Standard Bank Group is the largest African banking group by assets, with a market cap of approximately R289 billion (USD20 billion) as at 31 December, offering a range of banking and related financial services across Africa.

Our strategy
We are an African-focused, client-centric, digitally enabled integrated financial services organisation. Our strategy is designed to realise the opportunities presented by Africa’s longer-term structural trends. We place our clients at the heart of everything we do, ensuring always on, always there to deliver our clients’ needs in a secure, personalised and relevant way.
Our history
We have a 156-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 year ended 31 December 2018 were R27.9 billion (USD2.1 billion) and at 31 December 2018 total assets were R2.1 trillion (USD148 billion).  Standard Bank employed over 53 000 people (including Liberty) across all geographies and has 1 200 branches and 9 321 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+ (stable) and Moody’s Baa3 (stable). 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 organisation. Our strategy is designed to realise the opportunities presented by Africa’s longer-term structural trends. We place our clients at the heart of everything we do, ensuring always on, always there to deliver our clients’ needs in a secure, personalised and relevant way.

We have a 156-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 year ended 31 December 2018 were R27.9 billion (USD2.1 billion) and at 31 December 2018 total assets were R2.1 trillion (USD148 billion).  Standard Bank employed over 53 000 people (including Liberty) across all geographies and has 1 200 branches and 9 321 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+ (stable) and Moody’s Baa3 (stable). 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 customers and small-to medium-sized enterprises in South Africa, the 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 services and product offerings, including insurance, investment, fiduciary, bespoke banking and multi-generational wealth preservation solutions to high net worth, retail, business and commercial, and corporate clients across the group’s footprint.

Liberty

Life insurance and investment management activities of the group companies in the Liberty Holdings Group.