• Introduction
    • OVERVIEW
    • THE STANDARD BANK GROUP
    • OUR REPORTING SUITE
    • OUR SEE JOURNEY
    • ASSURANCE STATEMENT
     
     
     
     
     
  • SEE impact areas
    • OVERVIEW
    • 1.
      FINANCIAL INCLUSION
    • 2.
      JOB CREATION AND ENTERPRISE GROWTH
    • 3.
      INFRASTRUCTURE
    • 4.
      AFRICA TRADE AND INVESTMENT
    • 5.
      Climate change and sustainable finance
    • 6.
      EDUCATION
    • 7.
      HEALTH
     
  • ESG
    • OVERVIEW
    • OUR REPORTING SUITE
    • MESSAGE FROM SIM TSHABALALA
    • ESG GOVERNANCE
    • MATERIAL ISSUES DURING THE REPORTING PERIOD
    • ENGAGING OUR STAKEHOLDERS
    • HOW WE DO BUSINESS
    • MANAGING OUR ENVIRONMENTAL AND SOCIAL RISKS
    • SUSTAINABLE FINANCE
    • OUR PEOPLE
    • CORPORATE SOCIAL INVESTMENT
    • ESG METRICS,  POLICIES AND REPORTS
     
     
     
     
     
     
     
     
     
     
     
     
  • Transformation
    • OVERVIEW
    • INTRODUCTION
    • A MESSAGE FROM LUNGISA FUZILE
    • THE ROLE OF A BANK IN GROWING THE ECONOMY
    • STANDARD BANK’S BEE SCORECARD 2019
    • WHERE TO FIND MORE INFORMATION
    • B-BBEE CERTIFICATE
     
     
     
     
     
     
     
  • Downloads
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The Standard Bank Group

Africa is our home, we drive her growth. We aim to make life better for our fellow Africans by doing the right business, the right way, contributing to the financial wellbeing of our clients, and supporting sustainable and job-creating growth of the economies in which we operate.



Standard Bank lists on Namibia Stock Exchange November 2019.

We are more than a bank. We are an integrated financial services organisation, deeply rooted in Africa. We strive to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value.

We have a 158-year history in South Africa. Over the past 30 years, we have been building our franchises across sub-Saharan Africa, supported by our presence in key international markets. We operate in 20 sub‑Saharan African countries and are headquartered in Johannesburg. Our primary listing is on the Johannesburg Stock Exchange (JSE) in South Africa. We have a secondary listing in Namibia. Subsidiary banks are listed on exchanges in Kenya, Malawi, Namibia, Nigeria and Uganda.

We also have operations in Beijing, Dubai, London, New York and São Paulo, and offer international financial services from our offices in The Isle of Man, Jersey and Mauritius.

The Standard Bank Group (the group or Standard Bank) is the largest African banking group by assets, with a market capitalisation of approximately R277 billion (USD20 billion) at 31 December 2019, offering a range of banking and related financial services across sub‑Saharan Africa.

The Standard Bank Group employs over 48 000 people, excluding Liberty. We have 1 114 branches and over 7 300 ATMs across Africa. This enables us to deliver a complete range of services across personal and business banking, corporate and investment banking, wealth management and insurance.

Standard Bank Group is 48% owned by South Africans and 52% by international investors, with China (20%), the USA (14%) and Singapore (2%) comprising the top three countries of origin. The Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, is a 20.1% shareholder. This strategic relationship enables us to work with ICBC to facilitate investment flows and commercial relationships between China and Africa, to the benefit of African countries. Our second largest shareholder is the Government Employees Pension Fund of South Africa which holds 13.3% of shares.

INTEGRATED FINANCIAL SERVICES

PERSONAL & BUSINESS BANKING (PBB)
provides banking and other financial services to individual clients and small and medium-sized enterprises (SMEs).
CORPORATE & INVESTMENT
BANKING (CIB)

offers corporate and investment banking services to clients, including governments, parastatals, larger corporates, multinationals and financial institutions.
WEALTH
offers insurance, investment, fiduciary, specialised banking and multi-generational wealth preservation solutions for high net worth, retail, business and commercial and corporate clients.
LIBERTY
our subsidiary, provides life insurance and investment management. Liberty produces its own report to society. Please refer to www.libertyholdings. co.za for more information.


THE VALUE WE CREATE

We create value by living our purpose and achieving our vision through the diligent execution of our strategy. Our strategic value drivers measure our strategic progress and the value we create for our various stakeholders.

Client
focus
VALUE FOR CLIENTS:

Delivering relevant and complete digital solutions to our clients.

Employee
engagement
VALUE FOR EMPLOYEES:

Shaping a workforce that is ready to meet our clients’ needs now and in the future.

Risk and
conduct
VALUE FOR STAKEHOLDERS:

Doing the right business, the right way.

Financial
outcome
VALUE FOR SHAREHOLDERS:

Meeting our medium-term financial targets.

SEE
impact
VALUE FOR SOCIETY:

Driving positive SEE impact.

MATERIAL ISSUES AND STAKEHOLDER ENGAGEMENT

For information on the group's material issues, and the ways in which we engage our stakeholders to inform these issues, please see our ESG report.

ASSURANCE

We have a series of internal policies, procedures and controls in place to ensure that accurate data is provided. Our group social and ethics committee provides oversight of this report.

PricewaterhouseCoopers provided limited external assurance on selected performance data in this report, indicated by a ‘✓ ’, in accordance with the International Standard on Assurance Engagements (ISAE 3000). The scope of the assurance engagement and the statement of assurance are provided here.

Report suite icon
Our reporting suite

We publish several reports to provide our stakeholders with the information they need to assess our performance.

ANNUAL INTEGRATED REPORT
Our annual integrated report provides a holistic assessment of our ability to create sustainable value. It considers the issues material to maintaining the commercial viability and social relevance required to achieve our strategy in the medium to long term and covers both our financial performance and material non-financial information.

GOVERNANCE AND REMUNERATION REPORT
Our governance and remuneration includes the group's governance and remuneration priorities, as well as the group's remuneration policy and implementation report.

RISK AND CAPITAL MANAGEMENT REPORT
Our risk and capital management report sets out the group's approach to risk management, including current and emerging risks.
THIS REPORT
REPORT TO SOCIETY
Our reporting to society digital platform describes how we are delivering our purpose to drive Africa’s growth, by assessing performance in our seven impact areas.
STANDARD BANK SOUTH AFRICA (SBSA) TRANSFORMATION REPORT
Our SBSA transformation report provides an update on our transformation journey and reports on performance against the various pillars of South Africa's Financial Sector Code.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT
Our ESG report provides an overview of the processes and governance structures the group has in place to support our commitment to doing the right business, the right way. It includes information about how we ensure that a strong ethical culture and appropriate conduct is embedded across the group.