Important notice: Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.who.int 
  • Who we are
    • Our group at a glance
    • Our Values and Code of Ethics
    • Corporate Governance
    • Our Leadership
    • Our Structure

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

    Find out about:

    • Our Strategy
    • Our financial results
    • Our global presence
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    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.

    Find out about:

    • Our Board of Directors
    • Our Group Leadership Council
    Contact us
    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.

    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
  • Why we matter
    • Our Sponsorships
    • Our Achievements
    • Milestone timeline
    • Reporting to society
    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.
    Standard Bank Group Milestones

    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.

    • Our purpose
    • Social, Economic and Environmental framework
    • Our impact areas
    • Download reports
  • What we do
    • Our Business

    We are a financial services group, offering services and solutions for 158 years, to Consumer & High Net Worth Clients, Business & Commercial Clients and Wholesale Clients in and across Africa as well as key global locations.

     

  • Whats happening
    • Voices of Resilience
    • Newsroom
    • Covid-19
    • Campaigns
    • HeforShe
    • Our Financials
    Get local and international financial report, analysis, commentary, banking news and all the stories you want to know.
    Latest news
    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.
    Latest news
    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.
    A view of all the campaigns within our group.
    Campaigns
    Changing the present to reshape the future
    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.

Standard Bank Group
Sign in
Standard Bank Group
Who we are
Who we are
Our group at a glance
Our Values and Code of Ethics
Corporate Governance
Our Leadership
Our Structure
Why we matter
Why we matter
Investor Relations
Sponsorships
Agriculture 16 September 2021

Standard Bank concludes 25% equity deal with Agri-Fintech platform, HelloChoice

Agri-Fintech marketplace, HelloChoice, has just concluded a 25% equity deal with Standard Bank. The platform, created in 2018, links farmers and food producers directly with potential buyers. A significant boost for the three-year old company.

“Standard Bank’s equity purchase in HelloChoice is part of the bank’s commitment to building agri-entrepreneurship and food security in the country,” says Wendy Pienaar, Head of Ecosystems, Standard Bank.

Grant Jacobs, CEO, and co-founder of HelloChoice says the trading platform builds market efficiency and promotes economic prosperity by digitising the wholesale trade and distribution of agricultural produce.

In its first 32 months, 2,000 registered buyers and sellers joined the trading platform. The platform has reduced inefficiencies and supply chains costs and has facilitated over R100 million worth of trade in its first 30 months.

For Graeme Jarvie, entrepreneurial farmer, and co-founder of HelloChoice, farmers are always under pressure when it comes to margins.“The platform protects the value of the produce being supplied to benefit both farmers and buyers – better market access and prices for farmers, while delivering quicker product access and lower prices for buyers,” he says.

He adds that this efficiency can translate into increased income for the farmers and producers. “A small increase in net price, like R3 for a pocket of potatoes, can make a significant difference to a farmer’s profit margin and overall sustainability,” says Jarvie.

“More commercial and emerging farmers are joining the platform every day, as the word spreads and they start to experience the benefits of connecting directly with wholesalers and retailers across the country through the HelloChoice B2B marketplace,” says Jarvie.

In November 2020, the partnership between Standard Bank and HelloChoice evolved into OneFarm Share, a spin-off platform that uses the HelloChoice marketplace technology to directly address hunger and food security by improving the national coordination and distribution of excess farm produce to registered charities through food distribution partners like Food Forward SA.

In the first seven months 1,000 tons of quality edible food was delivered to those in need, after an initial pilot in the KwaZulu-Natal and the Free State provinces.

OneFarm Share is now operating nationally and at 31 August 2021, had increased the supply and delivery of hunger relief donations to 3 200 tons equating to 12.8 million nutritious meals for vulnerable children and communities. More than 50% of the produce procured or donated was sourced from 43 emerging farmers, and efficiently distributed to 1 million beneficiaries through 750 registered beneficiary organisations, The balance of the food contributions came from commercial farmers and food processors.

Farmers can either sell their excess or out-of-spec produce at a reduced price to OneFarm Share or can donate the food and receive a s18A tax certificate.

“As we continue to build toward achieving our 2025 Ambition of becoming a platform business, we are increasingly working in partnerships with other businesses to provide solutions beyond those of traditional financial services through broader ecosystems, using and growing our existing digital solutions such as OneFarm to support our clients’ life, work experiences and unlocking the potential of Africa’s agribusiness,” says Wendy.