News

Nelson Mandela Children’s Hospital Trust to bring state-of-the-art healthcare to the children of Africa
31 March 2016

President Nelson Mandela believed there can be no keener revelation of a society's soul than the way in which it treats its children.

Standard Bank Group produces resilient results in challenging environment
3 March 2016

Standard Bank Group has produced solid results for 2015 in an environment impacted by moderate global economic growth and weakening business and consumer confidence in South Africa.

Standard Bank Group wins Risk Emerging Markets Dealer of the Year award for 2016
1 February 2016

Standard Bank Group, Africa’s largest bank by assets, has won the prestigious Risk Emerging Markets Dealer of the Year award for 2016, following a strong performance by its team in challenging market conditions.


STANDARD BANK 5150 EKURHULENI AFRICAN CHAMPS
20 October 2015

Germiston Lake is set to host another bumper triathlon weekend this November as the Standard Bank 5150 Ekurhuleni African Championship will feature a capacity athlete field along with some of South Africa's best standard distance professional athletes in the line-up.


Banks to play bigger role in pension administration as demand for independent reporting and lower costs increase
28 September 2015

The role of custodians is advancing beyond traditional functions of safeguarding assets and settling trades, to the full administration of pension fund investments.


Standard Bank signs MoU with ICBC and Export-Import Bank of Korea
14 September 2015

Understanding (MoU) with the Industrial and Commercial Bank of China (ICBC) and the Export-Import Bank of Korea, aimed at promoting and supporting their clients to expand their business in Africa.


Standard Bank South Africa signs US$139.3 million three-year syndicated Ninja loan facility
4 September 2015

The Standard Bank of South Africa (SBSA) signed a debut US$139.3 million, three-year syndicated Ninja loan facility in Tokyo today. Ninja loans are loans for non-Japanese companies that are syndicated in Japan.


Real estate in Africa continues to drive growth potential, says Standard Bank Group
24 August 2015

A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent.


Exchange control relaxation in 2015 opens door to portfolio diversification, says Standard Bank Group
14 August 2015

Group headline earnings increased by 27% to R10 529 million and headline earnings per share (HEPS) increased by 27% to 651 cents. Net asset value per share increased by 6% and group return on equity (ROE) increased to 15.1% from 12.7% in 1H14.


Exchange control relaxation in 2015 opens door to portfolio diversification, says Standard Bank Group
6 August 2015

The relaxation of exchange controls announced in the 2015 Budget offers investors the opportunity to internationalise their asset bases and limit the risk of having all their eggs in a highly localised portfolio.


Innovative partnerships can drive empowerment initiatives in the property sector, says Standard Bank Group
30 July 2015

Standard Bank Group is proud to be partnering with Resilient Property Income Fund Limited, Capital Property Fund Limited and Fortress Income Fund Limited, who are key participants in the success of the Siyakha Education Trust.


Standard Bank Group plays key role in driving trade and supply chain finance efficiencies across Africa.
28 July 2015

Greater levels of trade will fuel Africa's growth but companies need to be better positioned to seize the opportunities by improving their working capital management capabilities and access to finance to fund these opportunities, says Standard Bank Group.


Standard Bank Group signs R1 billion debt facility with Durban's Shree Property Holdings
20 July 2015

Standard Bank Group has been awarded "Custodian of the Year" at the annual Imbasa Yegolide Awards presented by Batseta, the Council of Retirement Funds for South Africa. A custodian is a financial institution offering trade settlement, safekeeping of assets and corporate event processing.


Nigerian Stock Exchange remains stable, says NSE head
23 June 2015

The Nigerian Stock Exchange (NSE) is stable and performing well, said Oscar Onyema, Chief Executive of the NSE. Addressing a group of investors at the Africa Investors Conference in London, Mr Onyema said: "The (Nigerian) market has stabilised and is far more resilient today than when we had our last crisis."


Africa Investors Conference brings together investors and corporates to discuss Africa investment opportunities
23 June 2015

The Deputy Governor of the South African Reserve Bank, Daniel Mminele, is one of the delegates attending the Africa Investors Conference, which starts in London today.


Standard Bank Group signs R1 billion debt facility with Durban's Shree Property Holdings
17 June 2015

Standard Bank Group, Africa's biggest lender by assets and earnings, has signed a debt facility of R1 billion rand with South African, Durban based company, Shree Property Holdings, to enable the company to refinance existing loan facilities and acquire new properties to add to its industrial property portfolio in province of KwaZulu-Natal.


Easier financing is helping fast track energy projects and bridge gaps
11 June 2015

More workable and pragmatic models for project finance are helping improve the pace of projects in Africa and remove some of the bottlenecks that existed previously.


Standard Bank Group becomes first African bank to chair Equator Principles Association
1 June 2015

Standard Bank Group has been appointed the new chair of the Equator Principles Association for 2015/16, making it the first African Bank to be elected to this position.


Angolan government's quick action and improved capital market access, helps it recover from oil price decline
14 May 2015

Investors remain cautious after the more than 50% drop in the oil price and recent credit rating downgrades in Angola, but recent signs of price stability and quick government action to manage the situation are expected to encourage development opportunities in the future.


$120bn trade finance gap is holding back African growth opportunities, cautions Standard Bank Group
13 May 2015

Lack of access to affordable trade finance is holding back the economic and employment potential of African countries, says Standard Bank Group.


Standard Bank Group scoops accolades in The Banker Deals of the Year Awards for 2015
11 May 2015

Standard Bank Group, Africa's largest lender by assets, has scooped five regional deal accolades in The Banker Deals of the Year Awards 2015.


After LNG - What Next?
8 May 2015

Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry.


Thulani Gcabashe appointed Chairman of Standard Bank Group
7 May 2015

Thulani Gcabashe (57) will be appointed Chairman of Standard Bank Group at the conclusion of the company's annual general meeting on 28 May 2015, subject to his re-election as a director of Standard Bank Group at the AGM.


Super-premium beer market to grow 30% this year and 35% in 2016
7 May 2015

The super-premium beer market in South Africa , (traditionally called craft beer), may still be in the fledgling stages of its development, but the market is estimated by Standard Bank Group to grow 30% this year and another 35% in 2016.


Standard Bank Group wins Super Regional award in Profit & Loss Services' 2015 Digital FX Awards
28 April 2015

Standard Bank Group, Africa's biggest lender by assets, has won the Super Regional award for its eMarketTrader platform in the in the 2015 Profit & Loss Services Digital FX Awards.


Standard Bank Group's Tutuwa BBBEE Scheme Reaches Historic Milestone
24 April 2015

Standard Bank Group's BEE Scheme, Tutuwa, has added more than R10.7 billion in wealth to participating individuals, small businesses, communities and strategic partners.


Standard Bank Group signs Business Cooperation Agreement with Woori Bank
23 April 2015

Standard Bank Group today signed a Business Cooperation Agreement (BCA) with Woori Bank, one of the largest commercial banks in South Korea, aimed at capturing more banking business from Korean companies operating or investing in Africa.


Price speculators spur buying interest in oil exchange-traded note
27 March 2015

The oil price shock is still reverberating throughout the world, but Standard Bank Group's West Texas Intermediate crude oil tracking exchange-traded note has received a spike in buying interest over the last six weeks as investors try and pick the bottom of the oil market.


Standard Bank Group signs US$250 million loan
27 March 2015

Standard Bank Group signed a US$250 million loan agreement with the Japan Bank for International Cooperation (JBIC).


Africans to surge up the ranks of ultra-high-net-worth individuals over the next decade
17 March 2015

The number of ultra-high net worth individuals - those with at least $30 million in assets - in Africa will increase by a staggering 59% over the next 10 years, stronger than the 34% projected global growth.


Standard Bank Group named 'Best Trade Finance Bank in Sub-Saharan Africa' by Global Trade Review
11 March 2015

Standard Bank Group, Africa's leading lender by assets has been named the Best Trade Finance Bank in Sub-Saharan Africa for the second successive year in the annual 2014 Global Trade Review Leaders in Trade Awards.


Standard Bank Group continues steady growth on the African continent
5 March 2015

Headline earnings from continuing operations increased 20% to R21 068-million.


CfC Stanbic Holdings records 11% rise in profit in 2014
26 February 2015

CfC Stanbic, Holdings, a member of the Standard Bank Group, saw a profit increase of 11% to KShs 5.69 billion, after tax for the year ending 31 December 2014.


China's investment in African resources "Still at an early stage and on a clear path", says Standard Bank Group
26 February 2015

China's investment in African resources remains at a relatively early stage and is likely to increase further over the next decade.


Standard Bank Group facilitation of Woolworths' ground-breaking acquisition wins Deal of the Year
18 February 2015

The R21.4 billion acquisition by Woolworths of David Jones has won the Deal of the Year 2014 award at the Cell C DealMakers Annual Gala Awards Banquet, hosted in Johannesburg, South Africa last night.


Standard Bank Group facilitation of Woolworths' ground-breaking acquisition wins Deal of the Year
18 February 2015

The R21.4 billion acquisition by Woolworths of David Jones has won the Deal of the Year 2014 award at the Cell C DealMakers Annual Gala Awards Banquet, hosted in Johannesburg, South Africa last night.


Standard Bank Arranges USD 1.25 Billion Eskom Bond Sale to International Investors
12 February 2015

Standard Bank South Africa is proud to have partnered with Eskom to sell USD 1.25 billion 10 year fixed rate bonds into the international capital markets. The funds raised will enable the state-run utility, which produces more than 95% of South Africa's and 40% of Africa's power, to fund its generation expansion program.


Batten down the hatches on industrial commodities, says Standard Bank expert
10 February 2015

Investors in industrial commodities may need to batten down the hatches in the year ahead, while precious metals could show improved signs of growth over the next three years, says the Head of International Mining and Metals at Standard Bank, Rajat Kohli.


African mining prospects remain intact despite cautious 2015, Standard Bank says
9 February 2015

2015 will continue to be challenging for the global mining industry. Commodity prices are not anticipated to exhibit material improvement, impacting on sector valuations and the ability to raise financing.


Standard Bank Group taps into AFCON fever to promote youth football development
5 February 2015

Standard Bank Group, the official banking sponsor of the Orange Africa Cup of Nations (AFCON) Equatorial Guinea 2015 - is proud to support the football aspirations of the Youth Crime Fighters organisation in Roodepoort, South Africa.


Standard Bank Group sells 60% of London-based operations
2 February 2015

Standard Bank Group signed the closing documents with Industrial and Commercial Bank of China Limited (ICBC) to cement the completion of the disposal of a 60% stake in Standard Bank Plc on 1 February 2015.


Standard Bank Group congratulates all participant of this year's IRONMAN® 70.3 South Africa
26 January 2015

"Standard Bank commends every athlete that took part in this year's Standard Bank IRONMAN® 70.3 South Africa event. Special mentions must go to the category winners who set the performance benchmarks that all their fellow athletes' ....


Standard Bank Group kicks off IRONMAN® South Africa sponsorship
22 January 2015

Standard Bank Group, the official banking sponsor of the Orange Africa Cup of Nations (AFCON) Equatorial Guinea 2015 - is proud to support the football aspirations of the Youth Crime Fighters organisation in Roodepoort, South Africa.


Stanbic Bank Uganda names Patrick Mweheire as Chief Executive
6 January 2015

Stanbic Bank Uganda Limited (USE:SBU) Board of Directors announced on 6 January 2015 Patrick Mweheire as the bank's new Chief Executive & Managing Director. Mweheire previously held the position of Executive Director and Head of the Bank's Corporate and Investment Banking (CIB) Division.

Standard Bank Group helps arrange €625 million finance package to build Africa's largest wind farm
18 December 2014

The Lake Turkana Wind Power will build a 310 Megawatt (MW) wind farm in north-eastern Kenya with the help of Standard Bank Group and 11 other financiers, including Nedbank, the African Development Bank and the European Investment Bank.


from Standard Bank Group bring education and development opportunities to SA's children
10 December 2014

Education, literacy and focused early-learning opportunities for children are three of the major challenges facing South Africa as the country celebrates its 20th year of democracy.


Bank Group named best for trading South African rand
4 December 2014

Standard Bank Group has been awarded Best Bank for South African Rand in FX Week's 2014 survey of the global foreign exchange industry. The FX Week Best Banks Awards are the benchmark for performance in the global FX industry and are the most accurate indicator of which institutions are leading the market, according to banks, corporate treasurers and investors.


Africa on course for growing debt issuance as global search for yield continues
25 November 2014

Governments and companies in Africa are on course to continue the trend of growing debt issuance this year as investors across the world continue to purchase high yield assets amidst continued low interest rates and mounting concern that a global economic slowdown could cause volatility in equity markets, according to Standard Bank Group's economic researchers.


Standard Bank Namibia allocates 10% of shareholding to staff and community trust
11 November 2014

Standard Bank Namibia announced the official transfer of an initial 10% shareholding allocation to their employees and a community trust, in line with regulatory requirements to increase local participation in the financial sector.


Standard Bank Group partners with City of Johannesburg and Calgro M3 to help reduce the inner city housing backlog
11 November 2014

Standard Bank Group has partnered with the City of Johannesburg and Calgro M3 to develop 5,327 housing units to help South Africa's largest city reduce the housing backlog in the inner city and surrounding areas.


Standard Bank Group and MoneyGram strengthen bond
7 November 2014

MoneyGram, a leading global money transfer company, has extended its relationship with Standard Bank Group. MoneyGram's services are available at over 500 Standard Bank Group locations in 12 countries in Africa.


Standard Bank ranked in top twenty in Bloomberg's 2014 World's Greenest Bank Report
3 November 2014

Standard Bank Group, Africa's largest bank by assets and earnings, has been ranked 19th in the Bloomberg Markets World's Greenest Bank Report. Standard Bank is the only African bank ranked in the top twenty, achieving a total overall score of 72.5.


CfC Stanbic Bank signs US$160m term loan facility
28 October 2014

CfC Stanbic Bank Limited has signed a US$160-million, two-year term loan facility. This is the first transaction of its kind for CfC Stanbic Bank, which is the Kenya-based operation of Standard Bank Group.


Standard Bank Group recognised as 'Most Innovative Investment Bank From Africa'
6 October 2014

Standard Bank Group has been acknowledged as the "Most Innovative Investment Bank From Africa" by The Banker magazine, one of the most highly-regarded global financial publications.


Standard Bank Group cuts the risks for forex traders
9 October 2014

Rapid changes in the world of technology have given rise to platforms that facilitate access to liquidity through advanced electronic trade execution.


Standard Bank Group scoops 18 awards at Sibos 2014
3 October 2014

Standard Bank Group collected 18 prestigious awards at the Sibos conference in Boston, USA, this week, validating its client-centric philosophy and extensive network in Africa.


Standard Bank Group provides funding for South Africa's first green city precinct
30 September 2014

Standard Bank Group has provided R566-million development funding to Menlyn Maine Investment Holdings (Pty) Ltd. This will be used to finance the construction of a mixed-use retail and commercial property to be known as Menlyn Maine Central Square in South Africa's capital city of Tshwane.


Standard Bank Group's palladium ETF lists on the Namibian Stock Exchange
30 September 2014

Standard Bank Group's palladium-backed exchange traded fund (ETF), known as AfricaPalladium, has been listed on the Namibian Stock Exchange (NSX).


Standard Bank Group leads on largest Sub-Saharan Africa Sukuk
23 September 2014

Standard Bank Group has acted as joint lead manager on the National Treasury of South Africa's debut Sukuk in the international capital markets. The US$500m 5.75-year Sukuk is the largest Sukuk issuance from sub-Saharan Africa and only the third Sukuk to be issued by a non-Islamic country.


Standard Online Share Trading/ Stockbroking recognized as SA's Top Stock Broker
23 September 2014

Standard Online Share Trading and Stockbroking has been named as South Africa's Top Stock Broker and received the People's Choice Award at the Business Day Investor's Monthly 2014.


Standard Bank Group receives kudos at Euromoney Real Estate Survey Awards 2014
23 September 2014

Standard Bank Group has received several prestigious awards in numerous categories in the 2014 Euromoney Real Estate Survey Awards.


The Standard Bank of South Africa Ltd signs US$560m term loan facility
5 September 2014

The Standard Bank of South Africa Limited signed a US$560-million, 36 months term loan facility in London today.


Standard Bank Group to sponsor IRONMAN South Africa events
4 September 2014

Standard Bank Group and IRONMAN South Africa have entered into a sponsorship agreement that will secure the long-term sustainability of one of the country's premier endurance events.


Mozambican President thanks Standard Bank Group for 120 years
27 August 2014

Mozambican President Armando Guebuza has praised the contribution that Standard Bank Group has provided to the growth and stability of the Mozambican economy, especially in the financial market and the socio-economic development of the country since it first set up operations in country in 1894.


Stanbic Bank Botswana selected as custodian for Debswana Pension Fund
26 August 2014

Stanbic Bank Botswana has been appointment as custodian of the Debswana Pension Fund (DPF) in Botswana, the second largest private pension fund in that market.


African expansion drives South African corporate borrowing
22 August 2014

South African corporate borrowing is being driven through expansion into Africa coupled with refinancing activities, especially as a slower domestic economy curbs the need for bank loans and bond issuance required for local expansion.


Standard Bank Group shows good growth in the first half of 2014
14 August 2014

Headline earnings from continuing operations increased 12% to R9 338m. However, headline earnings which were negatively affected by the performance of discontinued operations, increased by 2% to R8 306m.


CfC Stanbic Holdings posts 52% profit increase in first half of 2014
12 August 2014

Standard Bank Group's Kenyan operation, CfC Stanbic Holdings, recorded a 52% increase in profit after tax for the period ended June 2014. The earnings stood at Ksh3.4-billion (about US$3.8-million), up from the Ksh2.2-billion (US$2.5-million) posted over the same period last year.


East African oil and gas discoveries to kick-start economic transformation
12 July 2014

East African oil and gas discoveries are poised to fundamentally transform the economies of the region as the fuel resources usher in new investment in road, rail, power and industrial infrastructure, according to Standard Bank Group.


Standard Bank Group arranges City of Johannesburg's debut green bond with R1.46 billion debt issue
23 June 2014

Standard Bank Group has acted as co-arranger on the City of Johannesburg's green bond, the first listed green bond in the South African Debt Capital Markets. The bond will be used for environmental and social sustainability projects.


Renewable energy projects funded by Standard Bank Group deliver power to Eskom REIPPP initiatives
19 June 2014

Standard Bank Group has been instrumental in funding more than 940MW of renewable energy as part of Eskom's Renewable Energy Independent Power Producer Procurement Programme (REIPPP) initiated by government.


Sub Saharan Africa needs climate more conducive to IPP investment
18 June 2014

Nations in Sub Saharan Africa need to bolster their efforts to create more conducive climates for investment from Independent Power Producers (IPPs) if they are to remedy their severe shortfall in power generating capacity, according to Standard Bank Group, Africa's biggest lender by assets and market capitalization.


Standard Bank Group in massive rail and port project in Africa
12 June 2014

Standard Bank Group has been appointed as financial adviser and mandated lead debt arranger by Sundance Resources in a USD3.5-billion project to build port and rail infrastructures for the Mbalam-Nabeba Iron Ore Project in Central Africa.


Standard Bank Group sees continued demand for pan-African banking solutions
23 May 2014

Standard Bank Group is seeing a continuation of demand for its services from international commodity traders and rapidly expanding regional and local businesses in Africa. This follows the withdrawal of several global lenders from the continent in the wake of the global financial crisis.


Standard Bank Group wins accolades for three major deals
22 May 2014

Standard Bank Group, Africa's largest bank by assets and earnings, has been awarded a number of accolades in several regional categories at The Banker Magazine's annual Deals of the Year Awards 2014.


Greenfields investments to stimulate infrastructure capacity in fast-growing West Africa
8 May 2014

West Africa's future as a competitive economic bloc requires new solutions in power technology and investment to improve energy access and enable the implementation of an ambitious infrastructure programme according to Standard Bank Group.


Standard Bank Group highlights education as South Africa celebrates 20 years of democracy
25 April 2014

Standard Bank Group is donating five fully-equipped container classrooms to schools as part of the group's ongoing commitment to promoting education.


South African Reserve Bank imposes administrative sanctions on banks, including Standard Bank
16 April 2014

The South African Reserve Bank has imposed administrative sanctions and directives to implement remedial action on a number of banks, including The Standard Bank of South Africa Limited.


Oil and gas market bounces back with Seplat trading debut
16 April 2014

The Nigerian oil and gas company Seplat made its unconditional trading debut yesterday, as the first Nigerian company to ever have its ordinary shares dual listed on both the Nigerian and London Stock Exchanges.


Oil and gas market bounces back with Seplat trading debut
8 April 2014

Standard Bank South Africa has been recognised for proving the value of banking to grassroots South Africans. Celent, an international research and consulting firm, has named the bank its 2013 Model Bank: Digital and Omnichannel for the bank's AccessBanking concept and range of services.


Standard Bank Group wins Global Finance Best Bank in Africa
7 April 2014

Standard Bank Group has been chosen as the Best Bank in Africa by Global Finance magazine. In addition, Standard Bank Group received the country awards for Angola, South Africa and Uganda in Global Finance's World's Best Emerging Markets Bank Awards 2014.


Standard Bank South Africa on the money with 'Iketsetse-Zenzele' radio show
31 March 2014

Standard Bank South Africa's afternoon radio drama 'Iketsetse-Zenzele' has been recognised by the Radio Advertising Bureau of South Africa (RAB) for outstanding use of the radio medium.


Standard Bank South Africa sees 402% surge in storm-related insurance claims in March
28 March 2014

Standard Bank South Africa's insurance division has experienced a 402% increase in storm-related damage claims during March 2014 following unusually high rainfall during the month that caused flooding across five of South Africa's nine provinces.


Standard Bank Group scoops accolades at EMEA Finance Achievement Awards 2013
27 March 2014

Standard Bank Group has walked away with numerous accolades at the 2013 EMEA Finance Achievements Awards, including the house award for being named the Best Syndicated Loan House in Africa.


Standard Bank is Africa's most valuable bank brand
27 March 2014

The BrandFinance Banking 500 study is conducted every year by the world's leading brand valuation consultancy, BrandFinance. The league table of the top banks has been published since 2006 in the Financial Times' The Banker magazine.


Standard Bank Group sole advisor and bookrunner in USD70m Copperbelt Energy Corp rights offer
26 March 2014

Standard Bank Group, trading as Stanbic Bank Zambia, advised Copperbelt Energy Corporation Plc. (CEC) on the structuring of a 387.5 million kwacha (USD70-million) capital raise through a rights offer process.


Standard Bank South Africa commits R5,7m to higher education development
24 March 2014

Standard Bank South Africa is funding a project that is increasing the number and quality of learners entering into South African universities.


Standard Bank Group debuts palladium ETFs on the Johannesburg Stock Exchange
19 March 2014

Standard Bank Group will on 24 March list South Africa's first listed palladium exchange traded fund that caters to all investors taking a long-term view on the Johannesburg Stock Exchange.


Standard Bank Group answers new generation banking demand with new app
18 March 2014

Standard Bank Group has launched to the South African market its ground-breaking new banking app that offers greater flexibility for customers and introduces exciting new functionality.


Standard Bank Group still committed to Brazil, Africa, China links
18 March 2014

While Standard Bank Group has agreed to sell its Brazilian licensed banking subsidiary, Banco Standard de Investimentos S.A. (BSI), it remains committed to linking its clients in Brazil with both Africa and China.


Standard Bank Group scoops two top honours in 2014 Global Finance awards
18 March 2014

Standard Bank Group has picked up the Global Finance 2014 regional award for Africa as Best Bank for Payments and Collections on the continent for a fourth consecutive year.


Africa must do more to unlock opportunities of rising intra-African trade
9 March 2014

Growth in intra-Africa trade is outpacing trade between Africa and rest of the world. However, more needs to be done to boost intra-African trade to take advantage of the increasing commercial depth of Africa's rapidly expanding consumer markets.


Standard Bank produces satisfactory results
6 March 2014

Standard Bank Group has produced a satisfactory performance in 2013, increasing headline earnings per share by 14% and net asset value per share by 14%.


Standard Bank Group is Africa's most valuable bank brand
20 February 2014

Standard Bank Group has been ranked Africa's most valuable bank brand in a prestigious study ranking Africa's biggest banks.


Standard Bank Group named Best Global Origination Firm for second year running
19 February 2014

Standard Bank Group has been recognised by Environmental Finance as the Best Global Origination Firm of Kyoto Projects for the second year in succession.


Africa remains a favored investment destination for Chinese firms
5 February 2014

Africa remains a very important and strategic investment destination for the approximately 2,000 Chinese companies operating on the continent, even as the Asian economic powerhouse shows signs of an economic slowdown, according to Standard Bank Group.


Mining sector will need more innovative funding structures in 2014
4 February 2014

The mining sector will need to consider more innovative funding structures in 2014 as equity markets spurn new resource ventures amid continuing uncertainty in the commodity price outlook, spurred in part by the Federal Reserve's decision to begin withdrawing its unprecedented monetary stimulus.


Standard Bank Group to sell controlling stake in London-based Global Markets business to ICBC
29 January 2014

Standard Bank Group (Standard Bank or the Group) and the Industrial and Commercial Bank of China (ICBC) have entered into a sale and purchase agreement in terms of which ICBC will acquire a controlling interest in Standard Bank's London-based Global Markets business.

Standard Bank Group provides R1bn finance for South Africa's first black-owned private hospital group
19 December 2013

Standard Bank Group is mandated lead arranger and underwriter for around R1-billion in senior debt facilities to BusaMed Holdings, one of South Africa's first black-owned healthcare groups,


Standard Bank South Africa offers fleet operators unique SMS service
11 December 2013

South Africa's fleet management industry will face several challenges in 2014. High on the agenda for fleet managers will face the reality of the new urban tolls in Gauteng, pending legislation regarding emissions, new technologies and the need to control fleet costs.


Standard Bank Group helps drive private sector investment in Nigeria's power grid
6 December 2013

Nigeria is looking to grow its generating capacity from the current power capacity of 9,000 Megawatts (MW) to 20,000 MW by 2020 with the Nigerian government actively attracting greater private sector investment and interest in its power sector.


Going green means more efficient and cost-effective vehicle fleets
5 December 2013

Talk to the average fleet manager on going green, and they will probably immediately think about the costs of meeting emission requirements and using a specialised fleet management product to do so.


Standard Bank Group wins inaugural award for foreign exchange services
4 December 2013

Standard Bank Group has won the inaugural award for Best Bank for the South African Rand at the FX Week Best Bank Awards 2013, which was presented by the international specialist foreign exchange magazine FX Week.


Jacko Maree receives Lifetime Achievement award
29 November 2013

Former Standard Bank Group Chief Executive Jacko Maree was honored in London for his contribution to banking in a career spanning more than 32 years.


SBG Securities and Ünlü & Co launch co-branded Turkey equities research
18 November 2013

SBG Securities, an institutional stock broking entity of The Standard Bank of South Africa Limited, and Ünlü Securities, a division of Ünlü & Co of Turkey, will be collaborating on their equities research product in covering listed Turkish equities.


Standard Bank Group in discussions on its global markets business outside Africa
8 November 2013

Standard Bank Group today issued an announcement advising shareholders that it is in discussions relating to the potential disposal of a controlling stake in its global markets business outside Africa.


Standard Bank Group expands its Africa footprint
4 November 2013

Standard Bank Group has expanded its Africa footprint with the opening of a representative office in the Ivory Coast (Côte d'Ivoire).


South African corporate bond market unaffected by sovereign downgrades
4 November 2013

South Africa's corporate bond market remains resilient despite the series of sovereign downgrades experienced by the country over the past year.


Standard Bank Group launches smart banking app in four more African markets
31 October 2013

Customers of Standard Bank or Stanbic Bank in Botswana, Tanzania, Namibia and Uganda can now also do their banking via an app for Android devices. An iOS version will be available mid-November.


Standard Bank Group signs affordable housing agreement with European Investment Bank
30 October 2013

Standard Bank Group is making available up to EUR30-million for the financing of affordable housing developments in South Africa.


Strong sales of extra-heavy vehicles in 2013
30 October 2013

Early predictions that the South African market for extra-heavy duty vehicles would show growth in a tough environment in 2013 are being realised.


Standard Bank Group's Kenya operation and ICBC conclude USD108m debt facility for Triumph heavy fuel oil plant
16 October 2013

Standard Bank Group and the Industrial and Commercial Bank of China (ICBC) have concluded a USD108 million debt financing package with Triumph Kenya for the construction of an 83MW heavy fuel oil plant in the east African nation.


Stanbic IBTC is custodian for BNP Paribas Securities Services
9 October 2013

Stanbic IBTC has been selected as the custodian for BNP Paribas Securities Services in Nigeria. This decision was made recently following a rigorous selection process that presented Stanbic IBTC as the most suitable custodian.


Stanbic IBTC is custodian to Nigerian Sovereign Wealth Fund
9 October 2013

Stanbic IBTC has been appointed as the local custodian of the Nigerian Sovereign Wealth Fund by the Nigeria Sovereign Investment Authority (NSIA).


ICBC provides financing to Standard Bank Group renewable energy project
4 October 2013

ICBC has provided more than R180-million financing to a 27MW wind project near Nelson Mandela Bay, Eastern Cape, South Africa, in which Standard Bank Group acted as the mandated lead arranger.


Standard Bank Group in US$150m deal to build wind power project in Kenya
3 October 2013

Standard Bank Group and its subsidiary CfC Stanbic Bank in Kenya, have signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a US$150-million wind power plant in Kenya.


Stanbic IBTC, John Deere Financial and Tata partner on agriculture financing
1 October 2013

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, has entered a collaboration with Tata Africa Services and John Deere Financial, a division of United States-based John Deere, whereby Stanbic IBTC Bank will provide a range of financial services to customers of John Deere.


It's boom time for entrepreneurs opening franchises in rural areas, says Standard Bank South Africa
30 September 2013

The economic boom in the Northern Cape, thanks to the opening of several new mines, has seen rural towns and centres flourishing and exponential growth in the number of franchises that have set up business in new shopping centres, says Standard Bank South Africa.


Taking risk out of the sub-Saharan Africa markets
19 September 2013

International investors no longer see any unusual investment risks, in sub-Saharan Africa, according to Mark Kerns, Standard Bank Group's African Head of Investor Services.


Standard Bank Group scoops several awards across Africa at SIBOS 2013
18 September 2013

Standard Bank Group, Africa's largest bank by assets and earnings, won 10 prestigious awards that validate its client-centric focus as well as its capabilities and expertise across an extensive network.


Africa's residential property market is the new frontier for investors
10 September 2013

Africa's residential property market offers potentially lucrative opportunities for investors with the capability and experience to develop and manage quality housing stock in the continent's booming urban centres, says Standard Bank Group.


Standard Bank South Africa innovations hub designs MTN Business App of the year
29 August 2013

SnapScan, a payment app designed and piloted by Standard Bank South Africa's innovation hub Beyond Payments, won the 2013 MTN Business App of the year award.


AccessPoints revitalise small, women-owned businesses hit by the recession
28 August 2013

"Standard Bank came to the rescue." This is how Gladys Mashike, owner of the Mapetla General Dealer's Store in the North West, describes the difference AccessPoint banking facilities has made to her small business.


Standard Bank Group wins Global Finance's Best Forex Provider in Africa award
16 August 2013

Standard Bank Group has been awarded the prestigious Global Finance award for 2013 Best Foreign Exchange Provider in Africa.


Standard Bank leads South African retail banking according to Top Brands survey
16 August 2013

Consumers have ranked Standard Bank South Africa the number one brand in the consumer banking category of the 2013 Sunday Times/TNS Top Brands survey.


Standard Bank Group produces sound financial performance
15 August 2013

Standard Bank Group produced a good set of results in the first half of 2013 despite the challenging South African and international environment.


Standard Bank Group named Best Investment Bank in Africa by Euromoney
12 July 2013

Standard Bank Group has been named Best Investment Bank in Africa, as well as the Best Bank in South Africa, by prestigious international finance magazine Euromoney.


Innovative branded content strategy turns AccessBanking into a radio star
11 July 2013

Standard Bank South Africa's AccessBanking offering for the lower income market is fast becoming a radio star on the back of a new integrated marketing strategy that may mark the most effective South African use to date of branded content.


Standard Bank's UCount Rewards attracts 78 800 customers in first month
9 July 2013

Standard Bank South Africa's new UCount Rewards programme has garnered over 78 800 members in its first month.


Standard Bank Group named Financial Times' Sustainable Bank of the Year
18 June 2013

Standard Bank Group has been acknowledged by the Financial Times as the Sustainable Bank of the Year award for Africa and Middle East.


Standard Bank Group and State Street in sub-Saharan Africa partnership
13 June 2013

Standard Bank Group and State Street Corporation have announced an agreement to provide transition management services in sub-Saharan Africa.


Standard Bank South Africa customers get real value rewards programme
10 June 2013

Standard Bank South Africa has launched an exciting rewards programme as part of its continued drive to provide customers' with real banking value.


City of Tshwane raises R750m in South African debt capital market
6 June 2013

Standard Bank Group is the sole lead arranger and book runner for a 15-year bond R750-million bond raised by the City of Tshwane through a private placement bond issue to finance the city's capital expenditure programme.


Standard Bank Group shows expertise in Millicom US$500m bond issue
23 May 2013

Standard Bank Group and J.P. Morgan have acted as joint global coordinators and joint bookrunners for the transaction of a US$500m 144A/Regulation S bond issue by Millicom International Cellular S.A. (Millicom), which closed 22 May 2013.


Standard Bank Group arranges first renewable energy bond in South Africa
6 May 2013

Standard Bank Group has acted as the sole lead arranger for South Africa's first - and only the world's third - renewable energy bond for concentrated photovoltaic energy.


Standard Bank Group uses sustainable strategy to mesh commercial reality and social relevance
2 May 2013

Embedding sustainability thinking and sustainable business practices at every level of its business is paying dividends for both Standard Bank Group and its markets.


Multi-faceted consumer car market bucks economic trend, says Standard Bank South Africa
26 April 2013

The South African new car market is bucking the economic trend with sales increasing by 4.1% to 163 092 units during the first three months of 2013 when compared to the same period last year.


Stanbic IBTC declares N12bn profit on gross earnings of N92bn
24 April 2013

Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011....


Standard Bank Group boosts debt capital market with five issues valued at R6,1bn
23 April 2013

Standard Bank Group has concluded five major corporate bond issuances in the past month with a value of R6,1-billion.


Standard Bank Group's leading carbon experts working with international climate organisation
23 April 2013

Fenella Aouane of Standard Bank Group has been appointed to the Board of the Climate Markets and Investment Association (CMIA), an international trade association representing 50 companies that finance, invest in and provide enabling support to activities that reduce carbon emissions.


Standard Bank Group ranked the world's 12th greenest bank
12 April 2013

Fenella Aouane of Standard Bank Group has been appointed to the Board of the Climate Markets and Investment Association (CMIA), an international trade association representing 50 companies that finance, invest in and provide enabling support to activities that reduce carbon emissions.


Standard Bank South Africa's cash transfer solution to Zimbabwe hits R1million mark
10 April 2013

Standard Bank South Africa has processed over R1million in cash transfers to Zimbabwe through its person-to-person money transfer offering launched in partnership with OK Zimbabwe Ltd last year.


Standard Bank Group named in 2013 list of World's Best Emerging Markets Banks
10 April 2013

Standard Bank Group has been recognised by Global Finance magazine as the "World's Best Emerging Markets Bank “in four African countries.


Standard Bank Group wins EMEA Finance awards in 2013 for landmark deals
3 April 2013

Standard Bank Group has walked away with 11 acccolades at the 2013 EMEA Finance Achievements Awards, including being named best merger and acquisition house, best securitisation house and best syndicated loan house in Africa.


Standard Bank Group signs R20bn finance deal with ICBC for renewable energy projects
2 April 2013

Standard Bank Group has signed a R20-billion funding support agreement for renewable energy projects in South Africa with the Industrial and Commercial Bank of China (ICBC).


Stanbic IBTC Bank reconnects with customers in brand campaign
27 March 2013

Stanbic IBTC Bank has launched a nationwide integrated brand repositioning campaign through which it seeks to showcase how both existing and potential customers can benefit from a new world of opportunities in banking.


South Africa should use its BRICS membership to address Africa's poor infrastructure
27 March 2013

South Africa should leverage its position in BRICS to increase investments in the development and upgrade of Africa's inadequate infrastructure, says David Humphrey, Global Head of Power and Infrastructure at Standard Bank Group.


Standard Bank South Africa's affordable housing loan book reaches R14bn in 2012
19 March 2013

Standard Bank South Africa's home loan book for the affordable housing market grew by 30% to R14-billion in 2012 as South Africa's largest residential mortgage lender continued to attract first-time homebuyers in this segment.


Standard Bank Group increases investment in agricultural leadership and business development
15 March 2013

Standard Bank Group will increase its investment in the Standard Bank Centre for AgriLeadership and Business Development at Stellenbosch University to R5.13-million over the next three years.


Standard Bank South Africa's agri conferences bring provincial role players together
14 March 2013

Standard Bank South Africa's agricultural division is hosting a series of provincial roadshows in South Africa aimed at engaging major role players and sector leaders in discussions about generating growth in their region.


New life for Newgate in Johannesburg CBD
14 March 2013

The first of nearly 500 residential tenants have moved into Newgate, the latest affordable residential precinct to take root in Johannesburg's inner city, South Africa's largest metropolis.


Standard Bank Group produces sound financial performance
7 March 2013

Standard Bank Group produced a sound financial performance for 2012 and demonstrated good momentum in its businesses.


Jacko Maree to retire as Standard Bank Group Chief Executive
7 March 2013

Jacko Maree (57) is stepping aside as Group Chief Executive of Standard Bank Group (SBG) after more than 13 years at the helm of Africa's largest bank.


African banks look to fill gap left in trade finance as Europe pulls back
5 March 2013

International commodity traders are turning to African banks to finance trade transactions as the global economic slowdown, Eurozone debt crisis and tougher capital requirements force international banks to pull back their lending in Africa.


Standard Bank Group cautiously optimistic about BRICS development bank
25 February 2013

The feasibility of establishing a BRICS development bank will be an agenda item prominent in the upcoming fifth BRICS summit.


Standard Bank Group funds USD120m water project in Ghana
20 February 2013

Standard Bank Group has arranged an international financing package to develop a USD126-million sea water desalination plant in Accra, Ghana.


Standard Bank Group showcases green-rated building
20 February 2013

Standard Bank Group's latest office complex in Rosebank, Johannesburg, is set to drive growth and development in this fast emerging and developing business hub.


Standard Bank Group scoops top honour in annual Project Finance magazine awards
14 February 2013

Standard Bank Group has won Project Finance magazine's 2012 African Mining Deal Of The Year for the USD700m project funding for Konkola Copper Mines Plc.


Deal builds on Standard Bank Group's track record in Mozambique
14 February 2013

Empresa Moçambicana de Exploraçāo Mineira SA (EMEM) has mandated Standard Bank Group to advise it on its current and future shareholdings in Mozambican mining companies and to advise EMEM as it works to develop the infrastructure required to unlock the full potential of mining projects in Mozambique.


Standard Bank Group finances six acquisitions for Ascension Properties
8 February 2013

Standard Bank Group has concluded a R500-million debt transaction for JSE-listed property fund Ascension Properties.


Africa to benefit from China infrastructure investments
7 February 2013

Africa's infrastructure is poised for increased development and investment. The nextdecade should see increased spending on the back of commodity expansion and a growing middle class on the continent.


Standard Bank Group remains Africa's most valuable banking brand
5 February 2013

Standard Bank Group has been ranked as the most valuable banking brand in Africa for the third consecutive year in the 2013 global Top 500 Banking Brands report.


Standard Bank Group is one of the world's 100 most sustainable corporates
24 January 2013

Standard Bank Group has been ranked 98 on the Global 100 Most Sustainable Corporations in the World list and is the only African company on the list. It's also one of only nine banks listed.


Standard Bank South Africa finances construction of Group Five's new Head Office
15 January 2013

Standard Bank South Africa has finalised a R408 million financing arrangement for leading commercial property investor and developer, Atterbury Property Group, to construct a head office block for engineering and construction firm Group Five at the Waterfall Business Estate development in northern Johannesburg.

Standard Bank Group named the 'Best Primary Originator'
1 November 2012

Standard Bank Group has been voted the 'Best Primary Originator of Kyoto Credits', in the Environmental Finance 13th Annual Market Survey. Standard Bank Group was awarded this accolade following voting by specialists in all aspects of the environmental and climate finance markets.


Standard Bank South Africa launches contactless card payment technology
6 December 2012

All Gold and Titanium Standard Bank-branded credit and cheque cards will now be issued with the tap-and-go payment method. This means that Standard Bank's credit card holders in South Africa will not have to swipe or insert their cards into terminals.


Standard Bank South Africa offers cash transfer solution to Zimbabwe
3 December 2012

Standard Bank South Africa has teamed up with OK Zimbabwe Ltd to offer person-to-person money transfers in real time from South Africa to Zimbabwe.


China-Africa ties deepen as China eyes new markets and moves up value chain
3 December 2012

Africa matters more to China than ever before, and vice versa, say Standard Bank Group economists Jeremy Stevens and Simon Freemantle. Despite erosion of the cost competitiveness of China's exports, expectations that China will sell less manufactured goods to Africa have proven misplaced.


Standard Bank Group wins Global Finance's Best Forex Provider in Africa award
29 November 2012

Standard Bank Group has been awarded the prestigious Global Finance award for 2013 Best Foreign Exchange Provider in Africa. In addition Standard Bank Group was also named the Best Foreign Exchange Provider in four African countries: South Africa, Nigeria,Botswana and Zambia.


Standard Bank South Africa keeps pricing as is for second year
28 November 2012

Standard Bank South Africa will for the second year in a row not increase its pricing structure for personal banking transactional customers. Pricing changes usually come into effect on 1 January every year.


Standard Bank Group and UNAIDS collaborate in response to Sub-Saharan African HIV/Aids pandemic
22 November 2012

Standard Bank Group and the Joint United Nations Programme on HIV/Aids (UNAIDS), have collaborated on education and advocacy initiatives, to maximise results for the Aids response in sub-Saharan Africa.


Standard Bank Group arranges record bond issuances in 2012
22 November 2012

Standard Bank Group has helped its South Africa-based corporate clients issue bonds and securitisations worth over R40-billion this year.


Standard Bank Young Artists 2013 to help define South Africa's cultural identity
15 November 2012

The Standard Bank Young Artist Awards have again been presented to a select group of young South African artists who are either on the threshold of national acclaim or whose artistic excellence has enabled them to make international breakthroughs.


Affordable housing rental market looks increasingly attractive
13 November 2012

The South African residential market offers an attractive opportunity in the affordable housing rental segment largely driven by low and middle income earners who do not qualify for bonds and increased demand for housing located closer to areas of economic opportunity.


Standard Bank Group leads US$550m Shoreline Natural Resources facility
12 November 2012

Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources.


Standard Bank Group to scale back its international operations
9 November 2012

Given the challenging global economic climate and evolving regulatory regime for banks, Standard Bank Group's Corporate & Investment Banking business (CIB) is continuing to right size its international operations in a responsible and deliberate manner.


Standard Bank Group commits R9.4bn to first batch of renewable energy projects
7 November 2012

Standard Bank Group has emerged as the leading investor in the first round of South Africa's renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects.


Standard Bank Group collects eight Global Finance awards at SIBOS
1 November 2012

Standard Bank Group scooped eight awards at the Global Finance Magazine awards ceremony for Global Finance Transaction Processing, at the annual SIBOS conference being held in Osaka, Japan.


SA Home Loans raises over R5bn in 2012 via securitisation market
1 November 2012

SA Home Loans, with Standard Bank Group acting as mandated lead arranger, has raised R1.4-billion through its latest Thekwini 10 issue.


Standard Bank Group makes key Personal and Business Banking appointments
31 October 2012

Standard Bank Group has further strengthened its Personal and Business Banking (PBB) franchise with the announcement of several key appointments.


Standard Bank Group ranked South Africa's greenest company
29 October 2012

Standard Bank Group has been ranked South Africa's "greenest" company in the 2012 Newsweek Green Rankings.


Standard Bank, Microsoft and Samsung partnership
26 October 2012

Standard Bank South Africa, Samsung and Microsoft have partnered to give Standard Bank South Africa customers first option on Samsung's new Ativ tablets, running the brand new Microsoft Windows 8 operating system - prior to the availability of the device in the mainstream market.


Joburg and Standard Bank in new banking partnership
26 October 2012

The participating banks were subject to the same rules and requirements, in line with the prevailing legislation, the Municipal Finance Management Act (MFMA).


Standard Bank Group gets behind the Orange Africa Cup of Nations, South Africa 2013
25 October 2012

Football legends from throughtout Africa will join Standard Bank Group in celebrating the countdown to the upcoming continental football showpiece, the Orange Africa Cup of Nations, South Africa 2013.


Cat Financial and Standard Bank Group collaborate in Africa
16 October 2012

Caterpillar Financial Services (Dubai) Limited (Cat Financial), an indirect subsidiary of Caterpillar Inc. and a wholly owned subsidiary of Caterpillar Financial Services Corporation, the largest financier of Cat® machines worldwide ....


'Sh'boom' heralds launch of major new TV campaign for Standard Bank Group
8 October 2012

Standard Bank Group has launched the next phase of its brand campaign "Moving Forward" that includes a major television commercial that captures key moments in world history ....


The Standard Bank of South Africa signs US$175m term loan facility
4 October 2012

The Standard Bank of South Africa Limited (SBSA) has signed a US$175 million, 364 day syndicated term loan facility in Dubai.


Standard Bank Group named Most Innovative Investment Bank from Africa
4 October 2012

Standard Bank Group has been named the "Most Innovative Investment Bank from Africa" in The Banker's Investment Banking Awards 2012.


Standard Bank Group holds 20% market share of South Africa's public sector banking
27 September 2012

Standard Bank Group continued making significant strides in providing banking services to the South Africa public sector by adding 10 new municipalities and other government entities to its books during the first eight months of 2012.


Economic conditions favour motorists looking for value in new car purchases, says Standard Bank South Africa
27 September 2012

South African motorists are taking advantage of the lowest interest rates for 31 years, a market that offers more choice than ever before,....


Standard Bank South Africa building on successes of inclusive banking
20 September 2012

Standard Bank South Africa's inclusive banking strategy continues to yield strong results, with the bank building on its experience and successes in driving financial inclusion.


The Standard Bank of South Africa Limited signs US$160m term loan facility
4 September 2012

The Standard Bank of South Africa Limited has signed a US$160-million, 364 day syndicated term loan facility in Taipei.


Stanbic Bank Ghana signs US$21m agreement with Fuel Trade Limited
30 August 2012

Stanbic Bank Ghana, a member of the Standard Bank Group, has concluded a US$21-million loan deal with Fuel Trade Limited to construct fuel storage tanks.


Standard Bank Group recognised as leading trade finance bank in Africa
21 August 2012

Standard Bank Group has been named Best Trade Bank in Africa, extending to six the number of recent accolades that recognise the group's leading position in trade finance on the continent.


Standard Bank Group results benefit from its African focus
16 August 2012

Standard Bank Group's core businesses performed well in a difficult environment and are showing good momentum as the group continues to improve its market position in Africa across many of its key products, segments and geographies.


Mxit moves real currency into its world by partnering with Standard Bank South Africa
16 August 2012

Mxit and Standard Bank South Africa have joined forces to provide real money transactions to Mxit's 10-million active South African users through the Mxit Money application.


Public-private model for renewable energy infrastructure showing its value
15 August 2012

The way the bidding process for South Africa's multi-billion rand renewable energy programme is being implemented is providing convincing evidence that public-private partnerships ....


Standard Bank Group places first offshore renminbi bonds with eastern and western African central banks
6 August 2012

Standard Bank Group acted as sole book runner for the latest placement of China Development Bank's RMB500-million worth of three-year offshore renminbi bonds to African central banks.


Standard Bank Group plays role in Kenya's debut syndicated term loan
2 August 2012

Citi, Standard Bank Group and Standard Chartered Bank as bookrunners and mandated lead arrangers are pleased to announce the successful closing of syndication of the US$600,000,000 syndicated medium term loan . . . .


Standard Bank Group stimulates local solar water heater industry with carbon credits programme
27 July 2012

Standard Bank Group has registered with the Clean Development Mechanism (CDM) Executive Board of the United Nations Framework Convention on Climate Change (UNFCCC), under the Kyoto Protocol, . . . .


AAA invests in Standard Bank's growth in Angola
24 July 2012

Standard Bank Angola, part of the Standard Bank Group, announced today a strategic partnership with AAA in a share capital increase recently approved by Angola's Central Bank - BNA (Banco Nacional de Angola).


Standard Bank South Africa's Muvo card brings cutting edge technology to bus system
20 July 2012

The introduction of the MasterCard Muvo card in Durban will herald the beginning of the end of carrying cash for bus fare in South Africa.


Africa to gear up for more meaningful engagement with China
17 July 2012

The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development.


Standard Bank Group wins two best bank awards
12 July 2012

Standard Bank Group has been recognised as the "Best Bank of the Year - South Africa" and the "Best Investment Bank - Africa" at the annual DealMakers Banking Awards 2012.


Standard Bank Group leads in Africa with host of accolades at Euromoney Awards
6 July 2012

Standard Bank Group was prominent among the winners of the 2012 Euromoney Awards for Excellence, receiving accolades for its work in mergers and acquisitions (M&A), risk advisory, project finance and debt capital markets.


Standard Bank South Africa enhances digital banking with transactional banking app
28 June 2012

Standard Bank South Africa has further enhanced its digital banking platform with the launch of a new transactional banking application (app).


Standard Bank Group secures $250m facility for leading soft commodities trader ETG
25 June 2012

Standard Bank Group announced the successful completion of a secured syndicated loan of $250-million for Export Trading Group (ETG), one of Africa's largest soft commodities companies.


Standard Bank Group wins prestigious award in China
20 June 2012

Standard Bank Group has been recognised as the Best Investment Bank in China for 2011/2012. This was announced at the recent China Outbound Investment Summit 2012, held in Beijing.


Standard Bank Group supports first Clean Development Mechanism project in Ghana
19 June 2012

Standard Bank Group supported a deal that today led to the registration of the first Clean Development Mechanism (CDM) project in Ghana. The project has been undertaken by Zoomlion Ghana Ltd.


CfC Stanbic Bank expands into South Sudan
12 June 2012

CfC Stanbic Bank, a member bank of Standard Bank Group today officially cemented its footprint in the Republic of South Sudan with the official opening of its first branch in Juba, in a move aimed at supporting the country's economic pillars.


South Africa must do more to put Africa at core of commercial, foreign policies
12 June 2012

South Africa trade and investment relations with the rest of Africa have advanced considerably in the last 10 years, but its commercial prospects on the continent remain largely constrained, according to Standard Bank Group analysts Simon Freemantle and Jeremy Stevens.


Standard Bank Group wins Africa Deal of the Year for Metorex transaction
31 May 2012

Standard Bank Group's advisory work on the R9-billion acquisition of Metorex by China's Jinchuan has been named Africa Deal of the Year 2012 at a ceremony during the annual meetings of the African Development Bank being held in Arusha, Tanzania.


Standard Bank named South Africa's most valuable banking brand
24 May 2012

Standard Bank has been independently ranked the most valuable South African banking brand in the inaugural Brand Finance South Africa Top 50 most valuable brands published on 24 May 2012.


Standard Bank Group funds five winning bids in the second round of government programme
23 May 2012

Five projects supported by Standard Bank Group were among the successful bidders in the second round of bidding in the South African government's programme to procure renewable energy.


The Standard Bank of South Africa signs US$1.35bn term loan facility
22 May 2012

The Standard Bank of South Africa Limited has signed a US$1.35-billion, 36-month term loan facility in London. The transaction was launched in an amount of US$750-million and an oversubscription of US$726-million was obtained.


Carbon deal to offset emissions in Kenya
21 May 2012

Standard Bank Group has agreed to buy 313 000 certified emission reductions (CERs) from Karan Biofuels, a biomass energy producer in Kenya, over the next 10 years.


Stanbic Bank announces landmark $300m loan syndication for MTN Ghana
17 May 2012

Stanbic Bank Ghana and Standard Bank South Africa, both members of the Standard Bank Group, have in what has been recorded as the largest ever local currency syndication, successfully raised GHS 410 million to finance some operations of Ghana's leading telecom operator, MTN.


Standard Bank Group involved in first 'future flow' deal in Nigeria
15 May 2012

Standard Bank Plc, a member of Standard Bank Group Limited, was one of the mandated lead arrangers and a bookrunners on the USD150 000 000, 5-year amortising syndicated remittance backed term loan facility for Skye Bank Plc in Nigeria.


Standard Bank Group's research tops poll
10 May 2012

Standard Bank Group has been awarded Best Research House in Africa for Economics and also achieved a top three position in a further four categories in the Euromoney Annual Africa Research Poll.


Top Artists Headline Standard Bank Joy of Jazz
10 May 2012

The Standard Bank Joy of Jazz once again reinforces its status as South Africa's premier jazz festival, thanks to a stellar line up of international and local giants on the jazz scene.


Ghana deal pulls together Standard Bank Group's skills
8 May 2012

Stanbic Bank Ghana Limited and The Standard Bank of South Africa Limited have signed a US$31.2m medium-term loan facility, which will partially finance a new commercial office and retail development at the Airport City, Accra, Ghana.


Standard Bank Group respects ASA ruling
26 April 2012

Standard Bank Group respects the rulings of the Advertising Standards Authority of South Africa (ASA). The ASA ruled in favour of Standard Bank Group in relation to the complaints it submitted against FNB.


Standard Bank Group releases its 2011 annual integrated report
25 April 2012

Standard Bank Group today announced the release of its 2011 annual integrated report. This is the bank's second annual integrated report which aims to provide a succinct and balanced view of the organisation and its performance in 2011.


Standard Bank Group Sustainability Report for 2011 proves the bank's capacity for comprehensive innovation
25 April 2012

So says Standard Bank Group Chairman, Fred Phaswana, in his statement in the bank's Sustainability Report for the 2011 reporting year, referring to the innovation needed to address the unrelenting challenge and uncertainty in the banking environment.


Standard Bank South Africa launches a back-to-basics drive to support small business success
22 April 2012

Standard Bank South Africa launched a fresh drive into the small business start-up market in a bid to help small businesses and shake up the way banks approach this sector.


South Africa must protect competitive advantages as BRICs build ties with Africa
29 March 2012

South Africa should be cautious not to offer too much to firms from BRIC countries that will increasingly be more competitors than collaborators in unlocking Africa's allure, says Simon Freemantle, economist and researcher at Standard Bank.


Standard Bank South Africa Home Loans Quarterly Report: Local property market remains constrained
29 March 2012

Standard Bank South Africa, the country's largest mortgage lender, released its first Home Loans Quarterly Report for 2012.


Standard Bank South Africa gives real banking value to customers
22 March 2012

"Standard Bank is passing significant cost savings back to customers by reducing prices by up to 50% and simplifying our product offering.


Standard Bank Group delivers strong set of 2011 results
8 March 2012

Standard Bank Group remains the largest bank in Africa by profits and assets, with a strong balance sheet and a recognised and trusted brand.


Standard Bank redefining financial inclusion in South Africa
5 March 2012

Standard Bank has launched AccessAccount, a competitive, transparent and accessible banking account aimed at providing affordable banking services to South African consumers.


Standard Bank South Africa's fourth Mpumalanga tender in a row
2 March 2012

Standard Bank South Africa has won its fourth public sector account in Mpumalanga in less than a year with the awarding of the Thaba Chweu (Lydenburg) local municipality account.


Standard Bank Group scoops top three titles at DealMakers awards
1 March 2012

Standard Bank Group has won the three showstopper DealMakers awards: Top Adviser by Deal Value, Deal of the Year and Dealmaker of the Year.


Standard Bank Group named Africa's best investment bank
28 February 2012

Standard Bank Group has been named by the prestigious Global Finance magazine as the best investment bank in South African and Africa.


Standard Bank lodges complaint with ASA against FNB for misleading advertising
28 February 2012

Johannesburg 28 February 2011 - Standard Bank has lodged a complaint with the Advertising Standards Authority (ASA) against FNB for misleading advertising.


Standard Bank and Mizuho Corporate Bank sign cooperation agreement
22 February 2012

Mizuho Corporate Bank, Ltd (MHCB) and The Standard Bank of South Africa Ltd today entered into a non-exclusive general business cooperation agreement aimed at fostering closer cooperation in financial services to assist Japanese companies in Africa.


Standard Bank Group named best syndicated loan house in Africa
22 February 2012

Standard Bank Group has been awarded four awards at EMEA Finance's Achievement Awards 2011, including best syndicated loan house in Africa.


Stanbic IBTC Bank to showcase Nigerian economic potential
22 February 2012

Investors' ability to target opportunities in Nigeria will be enriched considerably at the forthcoming Stanbic IBTC Bank Investors 2012 Conference in Lagos. The conference's theme is "Nigeria: Bucking the trend?".


Oltio receives global recognition for mobile money innovation
14 February 2012

South African mobile-centric company Oltio, a joint venture company between Standard Bank Group and MTN, has been nominated for the Best Mobile Money Innovation for its switch platform payD in the annual GMSA Global Mobile awards.


Standard Bank Group scoops top honours in project finance awards
13 February 2012

Standard Bank Group has won four Deal Of The Year titles in recognition of its capabilities and achievements in implementing project finance deals across Africa over the past year.


Volatile global markets to support higher gold price in 2012
9 February 2012

Global market volatility and economic uncertainty will continue to boost the sustained increase in demand for gold and support higher prices.


Time to act on opportunities in Africa
9 February 2012

China will continue to drive the global economy and support the commodity boom. Naturally, the degree to which the Chinese economy is able to do so depends on several factors.


China still key to global copper demand
6 February 2012

Global copper consumption is expected to grow 1.2% in 2012 to reach 20,349-million metric tons, with China accounting for the bulk of the demand, according to Standard Bank Group's Head of Commodities Research Walter de Wet.


Standard Bank Group remains Africa's most valuable banking brand
2 February 2012

Standard Bank Group has for the second year in a row been independently ranked the most valuable banking brand in Africa, according to the 2012 global Top 500 Banking Brands report.


Standard Bank Personal and Business Banking South Africa lent R75 billion in 2011
30 January 2012

Standard Bank Group has lent R75 billion to its personal and business customers in South Africa over the past year, says Peter Schlebusch, CE of Personal and Business Banking at Standard Bank South Africa.


Troika transaction successfully concluded
26 January 2012

On 11 March 2011, Standard Bank Group announced a transaction where a 36.4% investment in Troika Dialog Group, together with the controlling stake owned by TDM Limited Partnership, would be acquired by Sberbank, Russia's largest bank.


Africa will roll with the punches of global volatility
19 January 2012

Economic growth in sub-Saharan Africa will remain subdued at about 5% in 2012 in line with an expected slowdown in global growth activity, but none of the continent's key economies are expected to slip into recession.


Standard Bank Group sees growing merger and acquisition demand from China
17 January 2012

Standard Bank Group has advised on merger and acquisition deals worth more than R10-billion recently between Chinese companies and companies on the African continent.


Eaton Towers signs US$30-million debt financing with Standard Bank Group
12 January 2012

Standard Bank Group, acting through Stanbic Bank Ghana and Standard Bank South Africa, has provided a debut debt financing for Eaton Towers Ghana Limited.


Standard Bank Group helps homeowners move toward solar
4 January 2012

Replacing that insured faulty or burst electric geyser could put many South Africans on the path to solar power and considerable household savings if they happen to be insured with Standard Bank Group.

Standard Bank South Africa extends banking hours and offers extended holiday banking
19 December 2011

To continue meeting the needs of its customers, select Standard Bank outlets across South Africa have extended their banking hours from 7am to 7pm Monday to Friday and from 7am to 1pm on Saturdays. During the extended hours, select sales, services and enquiries will be available.


Standard Bank South Africa bucks industry trends, going easy on 2012 price increases
14 December 2011

Standard Bank South Africa will buck industry trends by not increasing its pricing structure in January 2012 for its personal banking customers and making only marginal increases for business banking clients.


The Standard Bank of South Africa Ltd signs USD275m three-year term loan facility in Taiwan
12 December 2011

The Standard Bank of South Africa Limited (SBSA) today announced the successful securing of a USD275 million loan facility from a consortium of Taiwanese and International Banks.


Standard Bank Group partners effort to light up lives of Mexico's poor
12 December 2011

A project in Mexico to reduce the impact of poverty through distribution of energy efficient light bulbs to 12-million of the poorest homes has secured carbon finance through the signing of a royalty agreement between Cool nrg and the Mexican government.


Standard Bank Group awarded Best Foreign Bank in Russian Precious Metals Market
9 December 2011

Standard Bank Group's expertise in the commodities sector has been recognised by an award from the Russian Bullion Market Association for Best Foreign Bank in the Russian precious metals market.


Asia Pacific Programme of Activities off the ground for Standard Bank Group and CarbonSoft
8 December 2011

The partnership between Standard Bank Group and CarbonSoft, the London-based open source carbon-trading platform, have announced their first Asia Pacific Programme of Activities (PoA) for Light Emiting Diode (LED) lighting projects under the Clean Development Mechanism (CDM).


Standard Bank Group secures US$85 million syndicated financing for Helios Towers Tanzania
6 December 2011

Standard Bank Group is pleased to announce the successful completion of a senior secured syndicated financing worth US$85million for Helios Towers Tanzania Ltd ("HTT"), a subsidiary of Helios Towers Africa Ltd ("HTA"), to finance the next phase of its network of telecommunications towers across Tanzania.


Standard Bank Group again the best performer on JSE Socially Responsible Investment Index
6 December 2011

Standard Bank Group has been listed as a best performer on the Johannesburg Stock Exchange (JSE) Socially Responsible Investment (SRI) Index in the low environmental impact category.


Standard Bank Group launches scoping study on regional grid emissions for southern Africa power pool
5 December 2011

Africa accounts for less than 2% of the 3 395 projects registered under the Clean Development Mechanism (CDM), compared with 46% in China.


Standard Bank Group named Bank of the Year in Africa
1 December 2011

Standard Bank Group (SBG) has been named 2011 Bank of the Year in Africa and Best Bank in four African countries by The Banker, the leading journal of the global banking industry.


Standard Bank Group expands its insurance offering
30 November 2011

Standard Bank Group's insurance offerings to South Africans has breached the 4-million policy mark, offering insurance cover for household, credit life, funeral cover and homeowners insurance.


Standard Bank Group injects additional capital into South Africa's first mass greening project
28 November 2011

Following up on its enablement through carbon credits of South Africa's first mass greening project - the equipping of 70 000 low-income households in Nelson Mandela Bay (in Eastern Cape province) with solar water heating systems ....


ICBC opens first African representative office in Cape Town
25 November 2011

The Industrial and Commercial Bank of China (ICBC) has officially opened its first representative office in Africa, aimed at deepening the ties between China and Africa.


Standard Bank is most trusted company in South Africa
21 November 2011

Standard Bank Group has been acknowledged as the most trusted company in South Africa in the annual Ask Afrika Trust Barometer Survey.


Agriculture activity in Africa set to explode as food becomes world's 'new oil'
18 November 2011

With food expected to become the "new oil" of the 21st century, Africa's agricultural output is set for explosive growth in coming decades.


Standard Bank Investor Services launches Tanzania as part of its sub-Saharan regional custody offering
16 November 2011

Standard Bank Group has incorporated the Tanzanian market into its Regional Custody Network. The development of the custody product in Tanzania reflects growing investment interest in the market driven by Initial Public Offerings.


Africa partnership uses carbon credits to fund 14 development projects
14 November 2011

Standard Bank Group is facilitating grants to numerous projects across Africa. Projects range from providing poor women in Burkina Faso with non-fossil fuelled cooking stoves ....


South Africa's securitisation issuances set to top R25bn in 2012
10 November 2011

The South African securitisation market is expected to continue on an upward trend in 2012, with total issuance volumes anticipated at about R25 billion, as investor confidence in the instrument returns.


Standard Bank Group supports bidders in the Renewable Energy IPP procurement process
7 November 2011

Standard Bank Group has underwritten approximately R12-billion of debt on various wind and solar mandates.


Standard Bank Group facilitates Namibian government's landmark US$500m Eurobond
4 November 2011

Standard Bank Group (SBG) has partnered the Namibian government in the issue of its debut US$500-million, 10-year Eurobond, as sub-Saharan sovereigns increasingly tap into international capital markets.


Standard Bank Group's US$130m loan to help boost Sierra Leone's recovery
4 November 2011

Standard Bank Group (SBG) has entered into two five-year loan deals totaling US$130-million, which will help boost the Sierra Leone economy.


Standard Bank Group and Sable Chemicals to complete first Clean Development Mechanism project in Zimbabwe
3 November 2011

Standard Bank Group has successfully contracted with, what is expected to be, the first Clean Development Mechanism (CDM) project in Zimbabwe.


Explosion in internet and mobile phone usage to lift African economies
31 October 2011

Mobile phone subscriptions, internet and social media usage in Africa are expected to continue surging to record levels in the next five years.


Standard Bank Group helps sustain South Africa's homeowners market
27 October 2011

Standard Bank Group continues to support the South African housing market by financing almost half of all new home loans originated by local banks in the past year.


New BRIC alternative for latest structured deposit offering
27 October 2011

Standard Bank Jersey Limited and Standard Bank Isle of Man Limited, members of Standard Bank Group, have launch the latest in a series of award-winning structured products.


Standard Bank Group ranked South Africa's greenest company
27 October 2011

Standard Bank Group was ranked 13th globally in the Financial Sector category and 45th overall, ahead of the other four South African mining, telecoms, financial services, and industrial companies on the same list.


New university account deepens Standard Bank Group's roots in Port Elizabeth
24 October 2011

Port Elizabeth's Nelson Mandela Metro University (NMMU) has awarded Standard Bank Group, the tender to provide transactional banking services to the university for the next five years.


Standard Bank Group does USD15m convertible debenture transaction with Pacific Iron
24 October 2011

Standard Bank Group, in partnership with Pareto Commodities LLC (Houston), is pleased to announce the closing of a USD15-million convertible debenture financing with Pacific Iron, as part of a larger USD44.3-million financing.


More than 50% of African people will live in towns and cities by 2040
24 October 2011

More than half of Africa's population will be living in urban areas by 2030 as the continent's economy continues to advance, according to Standard Bank Group (SBG) research analyst Simon Freemantle.


Standard Bank Group wins outstanding leadership awards
21 October 2011

Standard Bank Group has received the Leadership in Arts Award at the CNBC All Africa Business Leader Awards.


Private equity firms turn to Africa
19 October 2011

Mr Marshall says an increasing number of private equity firms are raising capital to invest in sub-Saharan Africa investment strategies and scouting for deal opportunities.


Standard Bank Group in drive to ease access to credit for South African consumers
19 October 2011

Standard Bank Group expects growth in credit extension by South African banks to households and businesses to slow in coming months due to a deteriorating economic growth outlook.


Standard Bank Group reaffirms confidence in Nigeria
14 October 2011

This is how Standard Bank Group chairman Fred Phaswana summed up the feelings of the group's board of directors, following their week-long meeting held in Lagos.


Standard Bank Group acknowledged as Best Investment Bank in Africa
7 October 2011

Standard Bank Group (SBG) has affirmed its status as one of Africa's leading corporate and investment banks, having being acknowledged as the Best Investment Bank in Africa for 2011 in the annual EMEA Finance magazine awards.


Africa's population to explode to 2bn by 2050, accelerate pace of economic growth
6 October 2011

Sub-Saharan Africa's population is expected to hit the 2-billion mark in the next four decades, which will result in more than a fifth of the world population being African, according to Standard Bank Group (SBG) research analyst Simon Freemantle.


Standard Bank Group and Xiangguang announce registration of Xiangguang Copper Products on LME
4 October 2011

Xiangguang Copper Co Ltd, China's biggest privately held copper smelter, has been accorded LME registration, becoming the first private Chinese copper producer listed on the world's largest and most well-known metals exchange market.


Standard Bank Group cements relationships with Old Mutual Finance
3 October 2011

Standard Bank Group (SBG) is providing an additional R1.5-billion facility to Old Mutual Finance, Old Mutual's consumer finance business. Standard Bank Group is sole debt underwriter in the deal.


Standard Bank Group continues to support Zambian copper belt
30 September 2011

Standard Bank Group (SBG) has provided a US$500m bridge finance facility to Konkola Copper Mines plc (KCM) that will be used to refinance shareholder loans from parent Vedanta Resources plc.


Standard Bank Group takes top accolades during Washington summit season
28 September 2011

Standard Bank Group (SBG) has scooped a series of accolades, including African Bank of the Year, in the current financial sector awards season that coincided with the annual meetings of International Monetary Fund and World Bank in Washington DC.


Standard Bank Group and BMW Financial Services establish R10bn securitisation programme
27 September 2011

Standard Bank Group has successfully established a R10-billion securitisation programme called SuperDrive Investments for BMW Financial Services South Africa.


Standard Bank Group celebrates 500th Africa branch outside South Africa
21 September 2011

The Nigerian town of Ajao Estate has become home to Standard Bank Group's (SBG) 500th branch in Africa (outside of South Africa) as the group's growth strategy gains further traction across the continent.


Standard Bank Group and ICBC announce cooperation agreements to support China's growing trade with emerging markets
20 September 2011

Standard Bank Group (SBG) and Industrial and Commercial Bank of China (ICBC) signed two agreements that further entrench their already successful business cooperation.


Standard Bank Group increases flexibility for farmers on grain price hedging
16 September 2011

Standard Bank Group now provides South Africa's grain farmers with greater flexibility regarding price hedging.


African markets: navigating slowing global growth currents
16 September 2011

Standard Bank Group says that the downward pressure on global economic growth will almost certainly impact the growth outlook for the African continent.


Investors sweet on Africa's sugar potential
8 September 2011

Sugar production in many African countriesis gaining momentum, driven by increasing local demand, export demand, firmer prices and favourable European Union tariffs, says Standard Bank Group's Head of Investment Banking for Africa, Helmut Engelbrecht.


Competitive salaries are key to fighting poverty
6 September 2011

Standard Bank Group Chief Executive Jacko Maree has committed 10% of his taxable income towards helping needy black scholars receive an excellent education.


EAIF provides US$15m senior debt to Tower Power Abeokuta in Nigeria
2 September 2011

The Emerging Africa Infrastructure Fund (EAIF) has committed US$15-million of senior secured debt to Tower Power Abeokuta Limited to facilitate the construction of a 12MW gas-fired combined heat and power station in Abeokuta, Nigeria.


Africa trade using China's currency set to reach US$100bn
29 August 2010

The steady internationalisation of China's renminbi will see at least 40%, or US$100-billion, of China's trade with Africa being made using the currency unit by 2015, according to research just published by Standard Bank Group.


Mogale City account extends Standard Bank Group's share of municipal banking
23 August 2011

Standard Bank Group has won the contract to bank yet another of South Africa's municipalities. It is Mogale City, which is one of the largest in Gauteng province.


Standard Bank Group launches its Africa Commodity Index ETN
18 August 2011

Standard Bank Group has launched its Africa commodity exchange traded note (ETN) based on the developed Standard Bank Africa Commodity Index.


Standard Bank Group delivers positive earnings growth in first half 2011
11 August 2011

Standard Bank Group (SBG) has turned the corner and delivered positive earnings growth for the six month period ended 30 June 2011.


Standard Bank Group facilitates US$250m loan to Tanzanian government
8 August 2011

The Government of Tanzania has secured a US$250-million seven-year loan facility from a consortium of local and global financiers, led by Stanbic Bank Tanzania and its parent bank, Standard Bank Group (SBG), to fund development projects such as road and rural electrification.


ICBC to acquire controlling shareholding in Standard Bank Argentina
5 August 2011

Standard Bank Group and its Argentinean partners have signed an agreement with Industrial and Commercial Bank of China (ICBC), which is a 20% shareholder in Standard Bank Group, for the sale of a majority stake in Standard Bank Argentina (SBA).


AFC seals US$50m bilateral term loan with Standard Bank Group
27 July 2011

Africa Finance Corporation (AFC) completed its debut borrowing, a US$50-million bilateral loan facility with Standard Bank Plc, a member of Standard Bank Group.


China to play a bigger role in Africa's construction and infrastructure sectors
21 July 2011

One of the most important areas where China is set to play a bigger role is in the construction and infrastructure sectors in Africa, according to Jeremy Stevens, Standard Bank Group's Beijing-based economist.


Infrastructure finance the big opportunity in Mozambique's lucrative coal basin
19 July 2011

Mozambique's Moatize coal basin in the country's remote Tete province is considered the last untapped great coal reserve in the world, but the first great investment opportunity will be financing the infrastructure needed to get the coal to market.


Standard Bank Group remains Africa's top bank in new rankings table
13 July 2011

Standard Bank Group has again been named as Africa's top bank in the The Banker magazine's 2011 rankings of the world's top banks by their Tier 1 capital.


Standard Bank Group loans City of Tshwane R1bn
11 July 2011

Standard Bank Group (SBG) has advanced the City of Tshwane a R1-billion loan to fund the city's capital expansion projects for the 2010/11 financial year.


World Bank investment banker to bolster Standard Bank Group's equities division
7 July 2011

Standard Bank Group has appointed Marcel Mballa-Ekobena as East Africa Head of Equity Research at SBG Securities. This is a further move by Standard Bank Group to strengthen itsequity research franchise.


Standard Bank Group joint bookrunner for US$250m bond issue for Centrais Elétricas do Pará S.A.
5 July 2011

Standard Bank Group was a leading bank and joint bookrunner in the foreign placement of US$250-million through the issuance of 144A/Reg. S bonds, by the power distributing company Centrais Elétricas do Pará S.A. ("Celpa"), a Rede Energia group company.


Standard Bank Group supports Uganda's booming agriculture sector
1 July 2011

Standard Bank Group will increase its lending to Uganda's agriculture sector this year and ensure that this adds to the US$25-million already made available by financial institutions.


Stanbic Bank and Gold Fields sign landmark agreement
29 June 2011

Stanbic Bank in Ghana, a member of the Standard Bank Group (SBG), has closed a US$60-million senior revolving loandeal with Gold Fields Ghana Limited for the fleet replacement for its mines at Tarkwa and Abosso.


Nigeria's Central Bank Governor addresses international investors at Standard Bank Group's African Investors Conference
28 June 2011

Speaking at Standard Bank Group's African Investors Conference, Mr Lamido Sanusi, Governor of the Central Bank of Nigeria announced that the one-year restriction associated with the holding period of the Certificate of Capital Importation (CCI) in the fixed income market will be lifted on the 1 July 2011.


Standard Bank Group on track to boost South Africans' lending
21 June 2011

Standard Bank Group expects to grant personal and business loans of more than R50-billion in South Africa this year as consumers and companies cautiously regain their appetite for credit, and as the group continues a concerted effort to grow responsible lending.


Standard Bank Group introduces Australian dollar account
21 June 2011

Standard Bank Offshore, a member of Standard Bank Group, has improved its international banking services for expatriates with the addition of an Australian dollar (AUD) version of its popular Optimum banking account.


Standard Bank Group named best trade bank in Africa
21 June 2011

Standard Bank Group has been named best trade bank in sub-Saharan Africa and best trade bank in South Africa in a poll of businesses trading into and out of Africa.


Finance provided for Brazilian oil and gas exploration and production business
8 June 2011

Standard Bank Plc (a member of Standard Bank Group), working in partnership with Pareto Commodities LLC (Houston), has provided a USD37.5-million financing package to Central Brazil Coöperatief U.A. ("Central") and its subsidiaries.


Standard Bank Plc arranges € 30m 3-year term loan facility for Turkish retailer
6 June 2011

Standard Bank Plc, a member of Standard Bank Group, acted as mandated lead arranger for a € 30-million secured term loan facility for AY Marka Mağazacılık A.Ş. ('AY Marka').


Standard Bank Group boosts its cash equity expertise
31 May 2011

Following the launch of SBG Securities in January 2011, Standard Bank Group is pleased to announce a number of key cash equity hires to develop international client coverage and trading from London.


Standard Bank Group and Frontier Carbon join forces to benefit clean development
31 May 2011

Frontier Carbon, the London-based green asset developer, today announced the formation of CarbonSoft Corporation, a carbon trading platform with the single aim of putting the carbon market in the hands of entrepreneurs, non-governmental organisations and companies in Africa and Asia.


Standard Bank South Africa signs US$285-million term loan facility
31 May 2011

Standard Bank South Africa, a member of Standard Bank Group, has signed a USD285-million 3-year term syndicated loan facility in Frankfurt, Germany.


Standard Bank Africa Equity Index opens investment opportunities across Africa
19 May 2011

South African investors have direct access to investment opportunities in companies across the African continent.


Standard Bank Group and Oriel Securities form alliance in the UK
16 May 2011

Standard Bank Group and Oriel Securities, a leading independent corporate and institutional stockbroking and advisory firm in the United Kingdom, will be working together to assist mining, oil and gas companies with finance and transactions that country.


Intense interest as power producers line up for R30bn renewables stake
10 May 2011

The appetite of local and international independent power producers (IPPs) to play a part in South Africa's multibillion-rand renewable energy sector remains strong in spite of recent delays in opening the bidding process.


Standard Bank Group joint-book runner for landmark African sovereign transaction
9 May 2011

The Republic of Senegal has issued its debut 144A/RegS benchmark sovereign bond. The US$500-million 10-year new issue carries a coupon of 8.75% and is rated B1 by Moodys and B+ by Standard & Poors.


SBG Securities makes new appointments
9 May 2011

SBG Securities, Standard Bank Group's equity broking operation in South Africa, has expanded its equity research franchise with a series of new appointments.


Africa accolades affirm Standard Bank Group's leadership in key markets
5 May 2011

Standard Bank Group (SBG) has been named best bank in four African countries in the prestigious Global Finance survey of the best emerging markets banks on the continent, affirming the group's status as an established leader in providing on-the-ground services in key markets.


Standard Bank Group in award-winning bond deal
4 May 2011

The PTA Bank debut $300-million Eurobond has been awarded Bond Deal of the Year in Africa by The Banker magazine. This was the only corporate Eurobond from sub-Saharan Africa in 2010 and the first since 2007.


Standard Bank Group ranked top empowerment company in South Africa
4 May 2011

Standard Bank Group (SBG) has been ranked as the top empowerment company in South Africa by Empowerdex, one of the country's leading empowerment verification agencies. Standard Bank Group achieved an overall BEE rating of 92.83%.


Standard Bank Group wins best oil and gas deal award
26 April 2011

Standard Bank Group (SBG) has won emeafinance's best oil and gas deal in Africa award for the bank's support of PA Resources' development of the Republic of Congo-Brazzaville's Azurite Field.


Standard Bank Group upbeat on new business opportunities from BRICS
20 April 2011

Standard Bank Group is set to benefit from more dynamic business interactions between Africa and the world's emerging economic powers, with South Africa's inclusion in BRICS (Brazil, Russia, India, China and South Africa), a further testament to the acceptance of the country's strategic position as gateway to Africa.


Standard Bank Group shows its mettle with winning infrastructure deals
18 April 2011

Standard Bank Group's (SBG) expertise in facilitating and executing infrastructure transactions has been recognised with two awards presented by Infrastructure Journal, a leading trade publication.


Equity stakes in existing South African farms set to grow
13 April 2011

There are huge opportunities for banks to be involved in the transformation of South Africa's agricultural sector by providing the necessary finance to small holder farmers and advice to established farmers seeking black economic empowerment (BEE) partners.


Standard Bank Group's natural resources expertise is awarded
5 April 2011

The investment banking capabilities of Standard Bank Group (SBG) as a leading natural resources bank have been acknowledged with two award wins from Trade Finance magazine.


Standard Bank Group's commitment to Africa acknowledged with award wins
23 March 2011

Standard Bank Group's commitment to working with African businesses to facilitate their domestic and international growth plans has been acknowledged with three awards from Global Finance magazine.


Standard Bank Group assists City of Johannesburg in raising successful R850-m 10-year
23 March 2011

Standard Bank Group has successfully issued a R850-million, 10-year bond for the AA-rated City of Johannesburg, South Africa, at JIBAR (Johannesburg inter-bank agreed rate) plus 195 basis points.


Africa's US$24bn Japanese trade, aid inflows to drop after earthquake
22 March 2011

Africa should brace itself for a decline in aid and trade flows with Japan following the devastating earthquake last week that hit the world's third-largest economy, according to a Standard Bank Group report.


Standard Bank Group secures US$40m deal for Helios Towers Ghana
17 March 2011

Standard Bank Group has put together financing worth US$40-million for Helios Towers Ghana Limited to finance the next phase of its network of telecommunications towers across Ghana.


China-US rivalry offers Africa good strategic options, says Standard Bank Group
14 March 2011

The increasing competition between China and the USA to be Africa's leading trading and development partner presents the continent with better strategic choices, according to Standard Bank Group's latest economic strategy report.


Debt funding for Morupule Colliery expansion concluded
14 March 2011

Standard Bank Group acted as lead arranger for BWP1.2-billion long-term bank loan facility concluded recently for Morupule Colliery Limited in Botswana.


Standard Bank Group to sell investment in Troika Dialog
11 March 2011

Standard Bank Group is to sell its 36.4% shareholding of Troika Dialog, a leading independent full service investment bank and asset management firm in Russia.


Low interest rates create capital expansion opportunity for farmers
9 March 2011

Current low interest rates and the slight weakening of the South African rand are creating the ideal opportunity for farmers in South Africa to undertake capital expansion.


Standard Bank Group announces a landmark deal in pharmaceuticals
7 March 2011

One of the largest South African debt underwriting deals in more than a year is the conclusion of Aspens' Aus$900-million acquisition of the Australian pharmaceutical business of Sigma Limited.


Standard Bank intent on improving ROE going forward
3 March 2011

Standard Bank Group has refined its strategy and reallocated responsibilities between its three deputy group chief executives, Ben Kruger, Sim Tshabalala and Peter Wharton-Hood.


Anti-malaria nets delivered to Zambia
23 February 2011

More than 800 000 anti-mosquito bed nets have been distributed in Zambia this week: three months ahead of schedule and before the peak of the deadly rainy season when the risk of malaria is even higher.


Oil price to remain at two-and-a-half-year peak
21 February 2011

Crude oil prices will remain within the $80-$100 range for much of this year, underpinned by a favourable global monetary environment and a tightening oil market.


Global accolades affirm Standard Bank leadership in treasury, cash management
15 February 2011

Standard Bank Group has scooped a global award and three regional awards in the prestigious annual Global Finance (www.gfmag.com) survey for its treasury and cash management services.


Standard Bank Group wins at emea finance Achievement Awards
14 February 2011

Standard Bank Group has won four awards in the emeafinance's Achievement Awards for 2010, recognising the bank's successes in a range of sectors in the region over the past year.


Standard Bank Group's project finance deals get top marks
10 February 2011

Standard Bank Group has won four accolades at Project Finance magazine's 2010 Deal of the Year Awards, recognising the bank's credentials in the sector and successes over the past year.


Ongoing economic recovery underpins strong demand for copper
9 February 2011

The copper mining industry will not meet global demand for 2011 or next year because demand is growing faster than supply.


China is now a clear leader in the race for Africa's resources andcan be expected to continue developing these interests
9 February 2011

George Fang, Standard Bank Group's Head of Mining and Metals in China, says: "The race for Africa's mineral resources continues to gather momentum.


Turnaround in credit card spending cautious and muted, says Standard Bank
4 February 2011

Although the worst of the recession is over, South Africans are still cautious about spending on their credit cards which they used conservatively during the festive season, according to Standard Bank Group.


Top brand ranking shows commitment of 'Moving Forward'
3 February 2011

The announcement that Standard Bank Group has been independently ranked as the most valuable banking brand in South Africa


Standard Bank Group forecasts increasing deals from South African issuers in 2011
2 February 2011

Standard Bank Group expects to see an increase in the number of offshore bond issues emerging from South Africa in 2011.


Standard Bank advises State Grid Corporation of China on its landmark acquisition in Brazil
17 January 2011

Standard Bank, Africa's largest bank by assets, acted as the sole financial adviser to the State Grid Corporation of China (SGCC) on its $1.8 billion acquisition of 100% ownership of seven power transmission companies in Brazil.

Standard Bank Group gets kudos for "Best Bond from Africa"
17 December 2010

Standard Bank Group's debt capital markets expertise has been independently recognised, with the bank being awarded "Best Bond from Africa" by a leading financial publication.


Standard Bank Group uses carbon trading to light up Tanzanian homes
13 December 2010

Standard Bank Group is to help replace kerosene lamps with hand-held LED lights in 1.5-million homes in Tanzania, funding the scheme by buying the carbon credits generated through the large scale replacement of fossil fuel lighting.


Standard Bank Group raises R1.7bn Blue Granite residential mortgage-backed security
7 December 2010

Standard Bank Group has raised R1.7bn for the refinancing of two of its residential mortgage-backed securities, which are part of its Blue Granite investment programme in South Africa. The R1.7bn bond was oversubscribed by investors in South Africa.


Standard Bank Group is Best Bank in Africa
3 December 2010

Standard Bank Group has been named 2010's Best Bank in Africa and best bank in five individual African countries by The Banker, a leading journal of the global banking and finance industry.


Standard Bank Group gets physical with Northland off-take deal
29 November 2010

Standard Bank Group (SBG) has signed a long-term off-take agreement with Northland Resources S.A. for up to 3-million tonnes of iron ore pellet feed per year from the Kaunisvaara Iron Ore Project in northern Sweden.


New approach needed to ensure sustainability of South Africa's wine industry
29 November 2010

Agriculture - and wine production in particular - has reached a point at which change is not just desirable, it's essential to profitability and long term sustainability. South African wine production has dropped 5% drop over the past year.


Standard Bank Plc secures US$230m loan
24 November 2010

Standard Bank Plc, a member of Standard Bank Group Limited, has secured a club-style term loan of US$230-million over two years from a group of seven leading international banks.


Recovery and growth of the South African debt capital markets
19 November 2010

There has been resurgence of debt issuance in 2010 to unprecedented levels, particularly from global emerging markets, with the first three quarters of the year seeing a 10% increase in debt issuances to $550bn.


Standard Bank Group to end its South African sports sponsorships
19 November 2010

Standard Bank Group will end its sponsorships with Cricket South Africa (CSA), and soccer teams Kaizer Chiefs and Orlando Pirates when current contracts expire in May 2011.


The Standard Bank of South Africa signs $268m term loan facility
17 November 2010

The Standard Bank of South Africa Limited has signed a US$268 million 3-year term loan facility in Taipei, Taiwan. The transaction was launched at US$200 million and an oversubscription of USD68 million was obtained, thus allowing for a final take of US$268 million.


Standard Bank Group gives union details of cost rationalisation
17 November 2010

Standard Bank Group's rationalisation process in Johannesburg and London is expected to save the group about R2.3 billion and will result in non-recurring rationalisation costs of about R490 million.


Standard Bank Group launches Reset Warrants in South Africa
16 November 2010

Standard Bank Group, South Africa's leading warrant issuer, has launched an innovative new product called Reset Warrants. This product is designed to give investors added security when dealing in the warrant market.


Standard Bank Group welcomes Labour Court ruling
12 November 2010

Standard Bank Group has welcomed the Labour Court ruling and believes that it vindicates the bank's actions relating to the retrenchment process.


Standard Bank Group joint lead manager on landmark Eurobond from sub-Saharan Africa.
10 November 2010

Standard Bank Group has successfully launched a US$300 million Eurobond for PTA Bank, the Nairobi-based multilateral financial institution.


Standard Bank Group drives energy efficiency.
4 November 2010

Standard Bank Group (SBG) has taken another major step towards becoming even more energy efficient and reducing its carbon footprint. It has installed solar hybrid energy efficient water-heating systems at its head office in Johannesburg.


Growing momentum in schools competition.
2 November 2010

The Standard Bank Schools Pro20 Challenge is beginning to develop significant momentum, with several provinces completing their group stages in the latest round of matches.


Standard Bank Group and retrenchments.
29 October 2010

The global financial crisis, world recession, sluggish economic recovery, low interest rates, falling credit demand and revenue pressure have resulted in Standard Bank Group carefully re-examining its cost base and the way in which it operates.


Arts ambassadors of a new generation.
27 October 2010

The 2011 Standard Bank Young Artist Award winners are "a group of diversely unique individuals with distinctive artistic voices, who that are bringing a fresh edge to their respective disciplines," said National Arts Festival Committee Chairman


Standard Bank Group and Deutsche Bank partner on chain supply service.
27 October 2010

Standard Bank Group and Deutsche Bank have announced a financial supply chain partnership pilot project using the SWIFTNet Trade Services Utility (TSU) infrastructure.


Standard Bank Group lists oil warrants.
27 October 2010

These warrants, the first of their kind for local retail investors, follows the successful launch and listing of Standard Bank Group's other commodity reference warrants listed over platinum and gold.


Standard Bank Group offers settlements in Chinese currency.
19 October 2010

Standard Bank Group (SBG) now offers its clients the means to make payments in Renminbi (RMB), the official currency of the People's Republic of China, when importing goods from there and receive RMB proceeds in their account when exporting to China.


South African roots, global reach - 148 years.
15 October 2010

The idea for Standard Bank originated from a group of Port Elizabeth business men in the late 1850s. They wanted to establish a new bank called The Standard Bank of Port Elizabeth.


Standard Bank Group partners in worldwide carbon solution.
13 October 2010

Standard Bank Group (SBG) has joined forces with Australia's Cool nrg in the world's first energy efficiency programme targeting households under the Kyoto Protocol.


Cracking schools Pro20 challenge launched in South Africa.
29 September 2010 `

Cricket South Africa (CSA) has announced that over 600 schools will participate in the second edition of the Standard Bank Schools Pro20 Challenge, which starts on Monday, 4 October.


Standard Bank Group and MasterCard launch exclusive credit card for ultra high net worth.
22 September 2010 `

Standard Bank Private Clients is the first bank in southern Africa to offer the World MasterCard, an exclusive product for ultra high net worth individuals. The product is being provided in South Africa in association with MasterCard Worldwide.


Africa music tour for 2010 Standard Bank Group Young Artists: Quattro Fusion
10 September 2010 `

Standard Bank Young Artist award winners for 2010 Melanie Scholtz and Samson Diamond will be touring selected African countries in a collaborative project between Standard Bank Group (also trading as Stanbic Bank) and the Alliance Francaise.


Standard Bank Group joint book runner for landmark cross-border US$160m bond
9 September 2010 `

We were joint book runner with Bank of America Merrill Lynch and raised a $160 million bond for Manila Cavite Toll Road Finance Company to finance the extension of the Manila Cavite toll expressway in the Philippines. Financing for the 12-year bond was secured by the expressway's toll revenues and concession rights.


Tackling the future of agriculture in Africa
1 September 2010 `

The African Green Revolution Forum (AGRF) being held in Accra, Ghana from 2-4 September will be looking at ways in which Africa can unlock her agricultural growth potential - a sustainable "green revolution" for Africa.


Standard Bank Group receives award for financing smallhold farmers
1 September 2010 `

Standard Bank Group has won the Development Finance Initiative of the Year category winner in the Africa Investor Agribusiness Awards 2010.


Where business and arts meet
31 August 2010 `

At the 13th Annual Business Day BASA Awards, we were awarded The Chairman's Premier Award for our South African Schools' Festivals, which benefits more than 6 000 learners annually. We share this award with our co-sponsors The Grahamstown Foundation and Sasol Limited.


Standard Bank Group's headline earnings up 11%
12 August 2010 `

Standard Bank Group's normalised headline earnings of R5 989 million were up 11% on the comparable six-month period, while normalised headline earnings per share of 382 cents were 9% higher.


Standard Bank Group launches the first commodity linked exchange traded notes in South Africa
10 August 2010 `

Standard Bank Group is the first local financial services organisation to list and offer retail and institutional investors in South Africa commodity linked exchange traded notes (ETNs).


Standard Bank Group extends leading position in Africa with three major awards
9 July 2010 `

Standard Bank Group's growing influence across African markets received significant acknowledgement with the announcement that the banking group has been named Best Investment Bank In Africa, Best Bank in South Africa and Best Investment Bank in Nigeria in the Euromoney Awards for Excellence 2010.


Standard Bank Group ranked Africa's top bank
8 July 2010 `

Standard Bank Group has been ranked Africa's top bank in the annual The Banker magazine's ranking of the world's top banks.


South African consumer confidence returning
1 July 2010 `

South Africans have begun spending on their credit cards again as consumer confidence , bolstered by lower interest rates, improving economic indicators and activity surrounding the World Cup, has increased, says Standard Bank Group.


Standard Bank Group denies selling Argentine business
10 June 2010 `

Standard Bank Group has denied a report in the South African publication Financial Mail that it is in talks to sell its Argentine business and has reaffirmed its commitment to growing its operations.


Standard Bank Group wins GBC award for the Global Fund partnership
9 June 2010 `

Standard Bank Group's contribution to the fight against HIV/Aids, tuberculosis (TB) and malaria has been recognised by the international business community.


Standard Bank responds to Banking Enquiry Panel recommendations
1 June 2010 `

The meeting with South Africa's Minister of Finance and National Treasury was the culmination of many years of detailed research on local market conditions, consumer behaviour and international trends and best practice.

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