Standard Bank Group is the largest African bank by assets. Headquartered in Johannesburg, the group is listed on the Johannesburg Stock Exchange (share code SBK) and the Namibian Stock Exchange (share code SNB).
With a 156-year history in South Africa, Standard Bank began building its network outside southern Africa in the early 1990s.
Today the group’s strategic position enables it to connect Africa to other emerging markets and access pools of capital in developed markets. With a balanced portfolio of businesses, Standard Bank is providing significant opportunities for growth.
The group has over 53,000 employees across approximately 1,200 branches and serves customers with over 9,000 ATMs on the African continent.
Standard Bank’s complete range of services includes personal and business banking, corporate and investment banking and wealth management.
In 2018 headline earnings were 27.9 billion South African rand (about $2.1 billion) and total assets amounted to 2.1 trillion rand (about $148 billion). Standard Bank’s market capitalization on Dec. 31 was 289 billion rand ($20 billion).
With widely held shares, just over 50 percent of the group’s shares are owned by international investors.
Today the group’s strategic position enables it to connect Africa to other emerging markets and access pools of capital in developed markets.
The largest shareholder (with a 20.1 percent shareholding) is the Industrial and Commercial Bank of China — the world’s largest bank.