Health
We are forging new partnerships with technology companies to empower people to take control of their health through access to quality, affordable healthcare when they need it. We invest in community-based health care programmes through corporate social investment and support the health and well-being of our employees.
Our focus ares
Improving access and affordability through digital platforms, to put healthcare directly into people’s hands via their mobile devices and empowering them through ownership of their health data. In 2022, we continued developing tailored lending solutions for businesses in the healthcare sector and investing in health-focused CSI programmes
Employee health and wellness
We support a holistic approach to employee wellbeing. We recognise that our people’s sense of wellbeing plays a key role in how they feel about their jobs, how well they perform and how they interact with colleagues, customers and clients. Our wellbeing focus in 2022 sought to address these and related issues identified by our people who, in the Tell Us How You Are survey, identified managing stress, multiple demands, work-life balance and mental wellbeing, as their most significant wellbeing needs.
Healthcare funding
Lending solutions for businesses in the healthcare sector
We support better health outcomes for Africa’s people by financing healthcare providers and the development of hospitals and other health-related infrastructure. In South Africa, we provided loans of R126 million to finance the development of hospital infrastructure and equipment in 2022.
We are partnering with key players in the healthcare sector to improve access to healthcare finance and provide robust and flexible funding options for healthcare businesses and providers.
| Executed a €10 million project finance social loan to finance the rehabilitation, upgrade and expansion of three regional hospitals in Angola in line with the IFC Performance Standards |
Implemented a sector-specific healthcare short-term loan product in Nigeria and granted over 100 loans valued at over NGN420 million (R16.4 million) |
Corporate social investment
Funding programmes to improve access to healthcare in several of our countries of operation
Standard Bank’s group CSI strategy includes a focus on improving access to good health and wellbeing and responding to humanitarian crises when these arise.
| Spent 26% of total CSI South Africa funding on health-related, GBV and humanitarian relief programmes in 2022 |
R9 million spent on health-related initiatives in Africa |
Provided loans of R126 million to finance the development of hospital infrastructure and equipment in South Africa |
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Employee health and wellness
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Healthcare funding
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Corporate social investment
We support a holistic approach to employee wellbeing. We recognise that our people’s sense of wellbeing plays a key role in how they feel about their jobs, how well they perform and how they interact with colleagues, customers and clients. Our wellbeing focus in 2022 sought to address these and related issues identified by our people who, in the Tell Us How You Are survey, identified managing stress, multiple demands, work-life balance and mental wellbeing, as their most significant wellbeing needs.
Lending solutions for businesses in the healthcare sector
We support better health outcomes for Africa’s people by financing healthcare providers and the development of hospitals and other health-related infrastructure. In South Africa, we provided loans of R126 million to finance the development of hospital infrastructure and equipment in 2022.
We are partnering with key players in the healthcare sector to improve access to healthcare finance and provide robust and flexible funding options for healthcare businesses and providers.
| Executed a €10 million project finance social loan to finance the rehabilitation, upgrade and expansion of three regional hospitals in Angola in line with the IFC Performance Standards |
Implemented a sector-specific healthcare short-term loan product in Nigeria and granted over 100 loans valued at over NGN420 million (R16.4 million) |
Funding programmes to improve access to healthcare in several of our countries of operation
Standard Bank’s group CSI strategy includes a focus on improving access to good health and wellbeing and responding to humanitarian crises when these arise.
| Spent 26% of total CSI South Africa funding on health-related, GBV and humanitarian relief programmes in 2022 |
R9 million spent on health-related initiatives in Africa |
Provided loans of R126 million to finance the development of hospital infrastructure and equipment in South Africa |
CSI initiatives in response to the pandemic
Partnering with those on the frontlines to help make crucial medical supplies available to communities
Our 2021 health-related CSI initiatives continued to focus on responses to the pandemic, including Covid-related initiatives and broader initiatives related to community access to health services.
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