Standard Bank has a 151 year history in South Africa and started building our Sub-Saharan Africa franchise in the early 1990s. We currently operate in 18 countries on the African continent, including South Africa, as well as in other selected emerging markets. We organise ourselves as three business units but present ourselves as one. The three main pillars of business are Personal & Business Banking, Corporate & Investment Banking, and Liberty.
Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. Normalised headline earnings for 2012 were R15 billion ($1.8 billion), total assets were over R1 549 billion (approximately $183 billion) and we employed approximately 49 000 people (including Liberty) across all geographies. Standard Bank’s market capitalisation at 31 December 2012 was R191 billion (approximately $23 billion). Standard Bank has 1 249 branches, including loan centres, and 8 464 ATMs on the African continent. Click here to view our latest financial results.
The strategic partnership of the largest banks in Africa and China, Standard Bank Group and the Industrial and Commercial Bank of China (ICBC took a 20% stake in Standard Bank Group in 2008), generates significant cooperation benefits.
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 BBB, Moody’s Baa1 and Standard & Poor’s BBB. The long-term foreign currency sovereign ratings for South Africa are: Fitch Ratings BBB, Moody’s Baa1 and Standard & Poor’s BBB. Click here to read more on credit ratings.
Standard Bank is involved in community activities including:
- Sponsorships - the CAF, the Orange AFCON, Orange African Youth Championship (under 20), Orange CAF Confederation Cup and Orange CAF Champions League, National Arts Festival in Grahamstown and the Joy of Jazz festivals.
- Bursaries - these are awarded to top performers in our adopted schools as part of our partnership with the Department of Basic Education’s Dinaledi Schools Programme.
We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity, and fairness.