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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 capitalisation of approximately R208 billion (USD14 billion) as at 31 December 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 158-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 is the largest African banking group by assets

The group offers a range of banking and related financial services across sub-Saharan Africa. It has an on-the-ground presence in 20 African countries, 5 global centres and 3 offshore hubs 

The group is listed on the JSE and A2X, with share code SBK, and the Namibian Stock Exchange, share code SNB, with a market capitalisation of approximately R208 billion (approx. USD14 billion) as at 31 December 2020,

Standard Bank Group’s headline earnings for the year ended 31 December 2020 were R16 billion (approx. USD1 billion) and at 31 December 2020 total assets were R2.5 trillion (approx. USD170 billion).

For the year ended 31 December 2020, Standard Bank had over 14.8 million customers, employed just over 50 000 people (including Liberty) and had 1 124 branches and 6 774 ATMs on the African continent.

  • 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 158-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 is the largest African banking group by assets

The group offers a range of banking and related financial services across sub-Saharan Africa. It has an on-the-ground presence in 20 African countries, 5 global centres and 3 offshore hubs 

The group is listed on the JSE and A2X, with share code SBK, and the Namibian Stock Exchange, share code SNB, with a market capitalisation of approximately R208 billion (approx. USD14 billion) as at 31 December 2020,

Standard Bank Group’s headline earnings for the year ended 31 December 2020 were R16 billion (approx. USD1 billion) and at 31 December 2020 total assets were R2.5 trillion (approx. USD170 billion).

For the year ended 31 December 2020, Standard Bank had over 14.8 million customers, employed just over 50 000 people (including Liberty) and had 1 124 branches and 6 774 ATMs on the African continent.

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 STRATEGIC PRIORITIES

We have updated our strategic priorities to clarify what we need to do to deliver our purpose.
These are: Transforming client experience, Executing with excellence and Driving sustainable growth and value.
OUR VALUES

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.

We provide integrated banking, insurance, investment and advisory solutions

Consumer & High-Net Worth

Individual clients, including high net worth, clients in South Africa, Africa Regions and the Channel Islands who leverage our client platforms and channels to access a variety of client solutions, including banking, insurance, investments and advisory capabilities.

Business & Commercial

Small-to medium-sized enterprises (SMEs) and commercial banking clients in South Africa, Africa Regions and the Channel Islands who leverage our client platforms and channels to access a variety of client solutions to transact, trade and fund their businesses

Wholesale

Governments, parastatals, larger corporates, financial institutions and multinational corporates in South Africa, Africa Regions and globally who leverage our in-depth sector expertise and relationships and our client platforms and channels to transact, trade and fund their businesses

Liberty

Life insurance and investment management activities.