Latest updates

• Standard Bank Group position on financing coal-fired power stations

  Johannesburg, 15 April 2019 – Energy is the single biggest driver of economic growth in emerging markets, specifically, in Africa where access to affordable and reliable energy is crucial.

  Standard Bank appoints Chief Technology Officer as bank focuses on digitisation strategy

  Johannesburg, 5 April 2019 – Standard Bank Group has appointed Mr. Tau Mashigo as its new Chief Technology Officer (CTO), effective 1 April, reporting to the Chief Information Officer (CIO).

  Standard Bank Group Selects AWS as Its Preferred Cloud Provider

  Seattle - March 27, 2019 - Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Standard Bank Group has selected AWS as its preferred cloud provider with the intention of migrating its production workloads,

  Standard Bank South Africa implements a new banking delivery model

  Johannesburg, 14 March 2019 - Standard Bank is realigning its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services.

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• Standard Bank Continues to champion gender equality in Africa

  Johannesburg – 08 March 2019 – As part of its commitment to gender equality Standard Bank will make a bold statement on International Women’s Day by changing the colour of its logos on the vast majority of its digital platforms from blue to magenta, the same colour as the UN Women HeForShe brand.

  Standard Bank reports solid results for the year ended 31 December 2018

  Sim Tshabalala, Standard Bank Group CEO says: “Standard Bank Group delivered sustainable earnings growth and improved returns, underpinned by the strength and breadth of our client franchise.”

  Minister Mboweni’s focus on growth, property rights and education a boost for business confidence, says Standard Bank Commercial Banking

  Johannesburg, 20 February 2019 – Property rights, education and skills are crucial to SA’s economic future and Craig Polkinghorne, head of Commercial Banking, Standard Bank, welcomed the focus placed on addressing these key issues in Wednesday’s Budget.

  2019 budget surprises with limited tax increases balanced by commitment to improved collection

  Johannesburg, 20 February 2019: From a Wealth perspective the 2019 budget was relatively neutral with no changes to current tax brackets, no changes to capital gains tax, and no changes to inheritance taxes. There was also no direct mention of overseas allowances or any indication of an intention to change current exemption levels.

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• Budget led insights from Standard Bank Wealth and Investment

  Johannesburg – 20 February 2019 – While this year’s national budget did not hold major wealth tax surprises Kuhle Kunene, Head Wealth Advisory at Standard Bank Wealth and Investment, says a stronger focus on growth and driving business is to be applauded.

  Inflation keeps tax collections ticking over says Standard Bank

  Johannesburg, 20 February 2019: South Africans who are breathing a sigh of relief over the budget announcement that their nominal tax rates are to remain unchanged, have forgotten to account for the impact of inflation on their investments and savings.

  False claims on interest rates charged on loans

  Johannesburg, 5 January 2019 – Standard Bank has noted the unfounded claims made on Twitter by an individual stating that Standard Bank discriminates against clients based on race when pricing its products.

  Standard Bank announces the appointment of new Chief Executive for Wealth South Africa Division

  Effective 1 February 2019, Peggy-Sue Khumalo will assume the position of Chief Executive, Wealth: South Africa for Standard Bank. Peggy-Sue Khumalo brings with her a wealth of knowledge and institutional experience having served Investec for 17 years, with her career culminating in her appointment as Head of Public Sector and BEE Financing for Investec in 2013.

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