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SBSA Transformation report
4 Transformation Report

Driving socioeconomic transformation

Lungisa
Lungisa Fuzile
SBSA Chief Executive Officer

Standard Bank South Africa considers transformation as a moral obligation and a commercial imperative, which is why we aim to deliver inclusive and sustainable growth that positively impacts livelihoods. We’ve found innovative ways to enable individuals, entrepreneurs and small enterprises to access relevant and affordable financial products and services. We support students’ access to tertiary education programmes and partner with various organisations to improve access to quality learning and teaching. We are committed to delivering better health outcomes for our employees and communities. Our engagement with our stakeholders continues and we remain committed to supporting the transformation of our country into a more equitable, just and prosperous society.

Value created for stakeholders during 2021
R24.8 billion
Paid to our employees
in salaries and other incentives
R21 billion
Paid to our suppliers and service providers
R5 billion
Paid to governments
in tax
.
R158.9 million
Contributed to communities
through our CSI programmes
R4.4 billion
Paid to shareholders
as dividends
R8.4 billion
Reinvested
SBSA Transformation report