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Who we are

At a glance

An Africa focused, client-led and digitally enabled bank that provides comprehensive and integrated financial and related solutions to our clients as well as drive inclusive growth and sustainable development.

Overview

With a market capitalisation of approximately R271 billion (USD17 billion) as at 30 June 2022, Standard Bank offers a range of banking and related financial services across sub-Saharan Africa.

Our strategy
Our strategy aims to deliver sustainable growth and value for all our stakeholders. We have restructured the group to be more efficient, innovative, competitive and sustainable, and have updated our strategic priorities to deliver our 2025 Ambition and achieve our financial targets, thereby enabling us to better fulfil our purpose.
Our history
We have a 159-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.

We have operations in 5 global financial centres and 3 offshore hubs.  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 19% shareholder in the group.

Our performance
Standard Bank Group is the largest African banking group by assets

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 R271 billion (approx. USD17 billion) as at 30 June 2022.

Standard Bank Group’s headline earnings for the six months ended 30 June 2022 were R15.3 billion (USD990 million) and at 30 June 2022 total assets were R2.8 trillion (USD173 billion).

For the six months ended 30 June 2022, Standard Bank had over 17 million clients, employed just over 49 000 people (including Liberty) and had 1035 branches and 6195 ATMs on the African continent.

  • Our strategy
  • Our history
  • Our performance

Our strategy aims to deliver sustainable growth and value for all our stakeholders. We have restructured the group to be more efficient, innovative, competitive and sustainable, and have updated our strategic priorities to deliver our 2025 Ambition and achieve our financial targets, thereby enabling us to better fulfil our purpose.

We have a 159-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.

We have operations in 5 global financial centres and 3 offshore hubs.  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 19% shareholder in the group.

Standard Bank Group is the largest African banking group by assets

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 R271 billion (approx. USD17 billion) as at 30 June 2022.

Standard Bank Group’s headline earnings for the six months ended 30 June 2022 were R15.3 billion (USD990 million) and at 30 June 2022 total assets were R2.8 trillion (USD173 billion).

For the six months ended 30 June 2022, Standard Bank had over 17 million clients, employed just over 49 000 people (including Liberty) and had 1035 branches and 6195 ATMs on the African continent.

OUR PURPOSE

Africa is our home, we drive her growth

OUR STRATEGIC PRIORITIES

We have updated our strategic priorities to clarify what we need to do to deliver our 2025 Ambition. Our strategic priorities create the framework within which we work. Everything we do will further these three priorities and we have set targets against which we will track our progress.

OUR CLIMATE COMMITMENT

Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa. We are committed to net zero emissions by 2050.
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 have 3 distinct client segments to whom we provide integrated banking, investment, insurance and advisory solutions

Consumer & High-Net Worth

The Consumer & High Net Worth (CHNW) segment offers tailored and comprehensive banking, investment, insurance and beyond financial solutions. We serve clients across Sub-Saharan Africa ranging from high net-worth, affluent, and main market by enabling their daily lives throughout their life journeys.

Business & Commercial

The Business & Commercial Client (BCC) segment provides broad-based client solutions to a wide spectrum of small- and medium-sized businesses as well as large commercial enterprises. Our client coverage support extends across a wide range of industries, sectors and solutions that deliver the necessary advisory, networking and sustainability support required by our clients to enable their growth.

Corporate & Investment Banking

The Corporate & Investment Banking (CIB) client segment serves large companies (multinational, regional and domestic), governments, parastatals and institutional clients across Africa and internationally. Our clients leverage our in-depth sector and regional expertise, our specialist capabilities and our access to global capital markets for advisory, transactional, trading and funding support.