Celebrating reasons to believe in Africa reasons to believe in Africa
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    Standard Bank Group is a financial institution that offers banking and financial services to individuals, businesses, institutions and corporations in Africa and abroad.

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    • Our Strategy
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    All our products and services are based on a set of values that uphold the empowerment of our customers. Both internally, and in daily engagement with the our clients we foster transparency, innovation, accountability and superior service.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    We ensure that all our services and products across borders are compliant with local legislation wherever we go. As we grow in Africa, we will continue to review our systems and processes according to the best possible compliance and risk management skills.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    Our board of directors aims to promote the group’s long-term success. It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Leadership Council.

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    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    We operate across the African continent through a number of subsidiaries, to provide solutions to all our clients.

    Find out about  our subsidiaries.

    Africa is our home. An exciting place, bursting with possibilities. In every corner, individuals and businesses are working relentlessly to achieve their dreams.

    We believe that dreams matter. They are the fuel that powers the future. To realise dreams, we take uncharted paths together. Paths that lead to growth. That’s why, every day, we are committed to finding new ways to make dreams possible.

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    • Climate strategy
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    Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals.

    It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.

    Latest news
    Climate strategy
    Standard Bank unveils climate targets to support Africa’s sustainable development
    Group sets course for a net zero future and pledges to mobilise a cumulative amount of between R250 billion and R300 billion in sustainable finance by end of 2026.
    Our sponsorship initiatives promote community upliftment through the support of sporting, art and music events, teams, festivals and clinics. We strive to nurture growing talents and to aid local communities to grow in their chosen fields.
    We are proud to be a part of what’s happening in Africa. By fostering growth opportunities on the continent, we believe that hands across borders will continue to strengthen business in Africa.

    We drive sustainable and inclusive economic growth in Africa. To ensure our commitment to making a positive and lasting impact, we have developed a framework of initiatives and objectives towards long-term social, economic and environmental upliftment.

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    We are a financial services group, offering services and solutions for 160 years, to Consumer & High Net Worth Clients, Business & Commercial Clients and Corporate and Investment Banking in and across Africa as well as key global locations.

     

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    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
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    Peoples health and lives come first - Sim
    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
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    At Standard Bank our dream is that everyone's dreams can be. We can work together. We can find solutions. And we can prove that with the right help, It Can Be.

    Gender equity is a fundamental human right, and Standard Bank Group has committed to help create a gender-equal world.

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African Continental free Trade Agreement
AfCFTA

Africa has its targets set on increased levels of regional integration. In fact, if prosperity, social cohesion, and human development are the objective, then regional integration is the best, and indeed only, way forward.

The objectives of the African Continental Free Trade Agreement (AfCFTA) aim to create a single continental market for goods and services and to allow for the liberal movement of business, persons and investments across borders within Africa. Additionally, it seeks to pave the way for the eventual establishment of an African customs union (an ambitious long term objective) and to expand intra-African trade through a greater harmonisation and coordination of trade liberalisation.  It will create better trade facilitation regimes and instruments across Regional Economic Communities (RECs) and across Africa in general, and resolve the challenges of multiple and overlapping REC memberships and promote the regional and continental integration processes. Finally, it is expected to enhance competitiveness at, both, industry and enterprise level via opportunities for greater economy of scale, continental market access and an optimization in the utilisation and allocation of resources.

Making it easier to do business across the continent
Making it easier to do business across the continent

The goal of the new trade agreement is to make it easier to do business across the continent, but it should be seen as the commencement of a process and not just a single event. Naturally, we can expect it will take some time before its full implementation.

The AfCFTA is part and parcel of a gradual harmonisation of African trade and investment policies to facilitate much greater levels of intra-African trade and investment.  The idea is to create one of the world’s largest FTA, particularly if we consider the number of countries participating. The potential market size is in excess of 1.27 billion people with a combined GDP of more than $3,6 trillion. These figures represent a significant worldwide imprint and impact. Currently, 54 out of the 55 AU member states have signed the AfCFTA – 37 countries have ratified the Agreement; 17 have signed it; and only one still has to sign and ratify it. This is a milestone.

It is seen as a decision that has the potential to create business opportunities and jobs all across Africa, while reducing the cost of many goods in shops and markets.