Standard Bank Group

Standard Bank HQ
Standard Bank head office  

Standard Bank logo

Standard Bank Group Limited (also trading as Stanbic Bank) is the largest African banking group by assets and earnings, operating in 20 countries in sub-Saharan Africa. With about 50,000 employees, it has approximately 560 branches and over 1,770 ATMs on the African continent. The Standard Bank of South Africa (SBSA) is the main operating unit of the Group. It is the largest residential mortgage lender and the largest credit card issuer in South Africa. Outside the Africa, the Bank's operations span 11 countries including the United States, Brazil, the UK, Isle of Man, Jersey, China, Taiwan, Singapore, Hong Kong, Japan and the UAE. The company is structured into three main business units: Personal & Business Banking (PBB), Corporate & Investment Banking (CIB) and Wealth Management. Standard Bank is listed on the Johannesburg and Namibian Stock Exchanges. At June 30, 2017, the company had total assets of R1.953 trillion (US$150 billion) and customer deposits of R1.129 trillion. ICBC (Industrial and Commercial Bank of China), the world’s largest bank, is a 20% shareholder in Standard Bank Group. The company was established in 1862 and is headquartered in Johannesburg.

 Credit Ratings (September 2017)

  Short-term Long-term Outlook
Fitch Ratings B BB+ Stable
Moody's n/a Baa1 Negative

 Top 10 Shareholders

Company Number of shares (m) % holding
Industrial and Commercial Bank of China 325 20.1
Government Employees Pension Fund 189.2 11.7
Allan Gray Balanced Fund 35.5 2.2
Investment Solutions 30.4 1.9
Vanguard Emerging Markets Fund 22.9 1.4
GIC Asset Management 20.5 1.3
Allan Gray Equity Fund 18.1 1.1
Old Mutual Life Assurance Company 17.7 1.1
Dimensional Emerging Markets Value Fund 16.6 1
Vanguard Total International Stock Index 15.8 1

Banking subsidiaries:
The Standard Bank of South Africa Limited
Stanbic Bank Kenya Limited
Stanbic Bank Botswana
Stanbic Bank Ghana
Standard Bank RDC S.A.
Stanbic Bank Tanzania
Stanbic Bank Uganda
Stanbic Bank Zambia
Stanbic Bank Zimbabwe
Stanbic IBTC Bank PLC (Nigeria)
Standard Bank de Angola S.A.
Standard Bank Isle of Man
Standard Bank Jersey Limited
Standard Bank Limited (Malawi)
Standard Bank (Mauritius)
Standard Bank Namibia
Standard Bank Plc (UK)
Standard Bank S.A.R.L. (Mozambique)
Standard Bank Swaziland
Standard Lesotho Bank
Standard Merchant Bank (Asia) Ltd (Singapore)

Non-banking subsidiaries:
Stanbic Holdings, Kenya
Liberty Group Limited
Liberty Holdings Limited
Melville Douglas Investment Management Proprietary Ltd
Standard Bank International Investments Limited (Jersey)
SBG Securities Proprietary
Stanbic IBTC Holdings (Nigeria)
SBN Holdings Limited (Namibia)
Stanbic Africa Holdings Limited (UK)
Standard Americas, Inc (US)
Standard Bank Group International (Isle of Man)
Standard Bank London Holdings
Standard Bank Offshore Group
Standard Bank Offshore Trust Company Jersey
Standard Bank Trust Company (Mauritius)

Standard Bank branches

Head office address:
Standard Bank Centre 9th Floor
5 Simmonds Street
Johannesburg 2001
Phone number: +27 11 636 9111
Fax: +27 11 636 4207
Website: www.standardbank.com, www.standard.co.za