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Media releases 2002 Media releases 2001


Standard Bank has no links to Sudanese bank

In response to reports that Standard Bank has a banking relationship with the Al Shamal Islamic Bank of Sudan, we place the following on record:
  • Standard Bank London opened a call account for Al Shamal Bank on October 23 1995.
  • This account was opened in anticipation of a trade finance transaction, which did not materialise with this bank.
  • The account was never used and we closed it on 30 March 2000.
  • We have not identified any other transactions between ourselves and Al Shamal Bank, nor do we have any links with this bank.