“Africa is our home, and we are focused on driving her growth.” With a heritage of over 153 years, we are a leading integrated financial services group on the African continent. We have an on-the-ground presence in 20 countries in sub-Saharan Africa, fit-for-purpose representation outside Africa and a strategic partnership with ICBC. This unique footprint supports our strategy to connect African markets to each other and to pools of capital globally.
We continue to position the group for the future, putting our customers and clients at the centre of everything we do. In line with the realities of risk, regulation, technology and competition that are shaping the African landscape, we are investing significantly in our diversified operations, our people and culture, our systems and infrastructure, and our brand.
We understand that our commercial success over the long term depends on our social relevance and outcomes as a financial services organisation that serves the real economies of this continent we call home”
The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (stable), Moody’s Baa2 (rating under review) and Standard & Poor’s BBB- (negative).
The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Excluding the 20.1% ICBC shareholding 28.7% of Standard Bank’s shareholder base is foreign.
We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism , integrity and fairness.