In a further step to cementing its presence in the Francophone West Africa region, Africa’s largest bank, Standard Bank has opened a fully licensed bank focussing on the needs of Corporate and Investment banking clients in Abidjan, Côte d’Ivoire.
Standard Bank Group’s financial performance for the year ended 31 December 2017 was strong. The group delivered 14% growth in headline earnings to R26.3 billion and ROE improved to 17.1% from 15.3% in 2016. The group’s capital position remained robust, with a CET1 ratio of 13.5%.
This year’s Budget comes amid significant political change, with the prospect of another ratings downgrade still looming over the economy.
Johannesburg, 15 February 2018: President Ramaphosa has taken on an immense responsibility and faces many daunting and urgent challenges.
Johannesburg, 5 February 2018: In a dual development set to transform Africa’s access to China as well as simplify the ability of Chinese to transact in Africa.
Johannesburg, 2017-10-06: South Africans are, rightly, very concerned by the evidence of serious and widespread corruption in our country.
Johannesburg, 12 September 2017: Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure.
The last two decades have seen unprecedented levels of growth in Africa. While much of this can be explained by rapid changes in technology, growth-oriented government policy and the advance of democracy, the hard work and vision of ordinary Africans have played a critical role....
Standard Bank Group’s financial performance for the year ended 31 December 2017 was strong