Standard Bank has a 154-year history in South Africa and started building a franchise in the rest of Africa in the early 1990s. We currently operate in 20 countries on the African continent, including South Africa, as well as in other selected emerging markets.
Our strategy is to build the leading Africa-focused financial services organisation using all our competitive advantages to the full. We will focus on delivering superior sustainable shareholder value by serving the needs of our customers through first-class, on-the-ground operations in chosen countries in Africa. We will also connect other selected emerging markets to Africa and to each other, applying our sector expertise, particularly in natural resources, globally. Our key differentiator is people who are passionate about our strategy wherever in the world they are based.
We organise ourselves as three business units but present ourselves as one. Our three main pillars of business are Personal & Business Banking, Corporate & Investment Banking, and Wealth - Liberty.
Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. Headline earnings for the year were R22 billion (USD1,7 billion), total assets were R1 981 billion (approximately USD128 billion) at 31 December 2015 and we employed more than 54 000 people across all geographies. Standard Bank's market capitalisation at 31 December 2015 was R184 billion (approximately USD11.8 billion). Standard Bank has 1 221 branches and 8 815 ATMs on the African continent. Click here to view our latest financial results. Click here to view our latest financial results.
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). Click here to read more on credit ratings.
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.
Standard Bank is involved in community activities including:
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