Overview

Standard Bank Group is the largest African banking group by assets, with a market cap of approximately R317 billion (USD28 billion), offering a range of banking and related financial services across sub-Saharan Africa.

Our strategy is to be an African focused, client-centred, digitally enabled universal financial services organisation, which drives Africa’s growth and creates value for all our stakeholders. Our clients are at the centre of everything we do. This is our central organising principle in building a digitally enabled universal financial services organisation. It aligns our efforts to change the way we do things, develop our people and shift our culture, and ultimately create a sustainable competitive advantage in a changing industry.

We have a 155-year history in South Africa, and started building a franchise in sub-Saharan Africa almost 30 years ago. We have an on-the-ground presence in 20 countries on the African continent, and solid local knowledge required to operate a successful business in Africa.

Our presence in and connection with, global financial centres enables us to facilitate investment and development flows in Africa, and access to international capital to facilitate growth, diversification and development in Africa. We also have a strategic partnership with the largest bank in the world, Industrial and Commercial Bank of China (ICBC), who is a 20% shareholder in the group.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB+ (stable) and Moody’s Baa3 (Rating under review). Click here to read more on credit ratings. The group has been listed on the JSE since 1970, with share code SBK, and the Namibian Stock Exchange, share code SNB.

We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness

Standard Bank Group at a glance

As at 31 December 2017, Standard Bank Group is the largest African bank by assets.

Total assets of R2 trillion (USD165 billion)
Headline earnings of R26 billion (USD2 billion)
Market capitalisation of R317 billion (USD28 billion)
Employs more than 55 000 people
Common equity tier I ratio 13.5%

Our history

Celebrating 155 year history in South Africa

Having put down its roots in the Eastern Cape in 1862, Standard Bank is one of South Africa's oldest companies.

Our values

Serving our customers


We do everything in our power to ensure that we provide our customers with the products, services and solutions to suit their needs,

Our strategy

We aim to build the leading African focused financial services organisation using all our competitive advantages to the full.

Code of ethics

We are a large and diverse business. In order to drive our growth cohesively we have agreed on a number of ...

Our people

We encourage and motivate our people to develop to their full potential.

Our vision recognises that people are our competitive advantage. Consequently ongoing focus is given to building stronger and deeper teams of talented people. We recognise that continual improvement is required in our people management processes to ensure we attract and retain talent.

Material employee ownership of shares in the bank fosters commitment to excellent performance, enhancing productivity and the nurturing of long-term relationships with customers.

Careers @ Standard Bank

Join our international team and you could move your career forward from the start.

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