Standard Bank Group is the largest African banking group by assets and earnings offering a full range of banking and related financial services.
Our strategy is to build the leading Africa-focused financial services organisation using all our competitive advantages to the full. We will focus on delivering superior sustainable shareholder value by serving the needs of our customers through first-class, on-the-ground operations in chosen countries in Africa. We will also connect other selected emerging markets to Africa and to each other, applying our sector expertise, particularly in natural resources, globally. Our key differentiator is people who are passionate about our strategy wherever in the world they are based.
Our African network has been built over the past 21 years. The group is also positioned to access pools of capital in key developed markets. Our strategic position and our balanced portfolio of businesses provide significant opportunities to grow.
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.
The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB, with a December year-end. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Excluding the 20.1% ICBC shareholding 26.8% of Standard Bank's shareholder base is foreign.
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.