Overview

Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services.

“Africa is our home, we drive her growth”

Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over 150 years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC).

In line with the realities of risk, regulation, technology and competition that characterise our operating context, we continue to invest significantly in our diversified operations; our people and culture; our systems and infrastructure; and our brand. In doing so, we understand that our commercial success and social relevance over the long term depends on placing our clients at the centre of everything we do, and ensures that the outcomes of our activities are a catalyst for growth on this continent we call home.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (negative), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative).

The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 32.9% of Standard Bank’s shareholder base is foreign.

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 2016, Standard Bank Group is the largest African bank by assets.

Total assets of R1.95 trillion (USD143 billion)
Headline earnings of R23 billion (USD1.56 billion)
Market capitalisation of R245 billion (USD18 billion)
Employs more than 54 000 people
Common equity tier I capital adequacy ratio 13.9%

Our history

Celebrating 154 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 Executive Committee

In March 2013, Ben Kruger and Sim Tshabalala were appointed as joint chief executives.



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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