Standard Bank Group
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| Standard Bank head office |
Standard Bank Group Limited (also trading as Stanbic Bank) is the largest African banking group by assets and earnings, operating in 21 countries in sub-Saharan Africa. With more than 50,000 employees, it serves over 19.5 million clients through more than 1,200 branches and points of representation and over 5,600 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 Africa, the group operates four global centres and two offshore hubs, with a presence in countries including the United States, the UK, the Isle of Man, Jersey, China and the UAE. Brazil, Taiwan, Singapore, Hong Kong and Japan, part of the footprint reported in 2017, no longer appear among the markets the group lists. 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, 2026, the company had total assets of R3.8 trillion (US$232.0 billion), customer deposits of R2.496 trillion, total equity of R322 billion and a market capitalisation of R532 billion (US$32 billion). Headline earnings for the six months to that date were R26.1 billion. ICBC (Industrial and Commercial Bank of China), the world’s largest bank, is a 19.7% shareholder in Standard Bank Group. The company was established in 1862 and is headquartered in Johannesburg.
Credit Ratings (September 2026)
| Short-term | Long-term | Outlook | |
|---|---|---|---|
| Fitch Ratings | B | BB | Stable |
| Moody's | n/a | Ba2 | Positive |
The ratings above are those of Standard Bank Group. The Standard Bank of South Africa Limited is rated Baa3 by Moody's, with a positive outlook.
Top 10 Shareholders (2017)
At June 30, 2026 the two largest holdings were Industrial and Commercial Bank of China, with 325.0 million shares or 19.7 per cent, and the Government Employees Pension Fund, with 235.7 million shares or 14.3 per cent.
| 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)
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.standardbank.co.za
* Standard Bank Group bought out the minority shareholders in Liberty Holdings Limited under a scheme of arrangement that became unconditional on February 7, 2022; under the scheme timetable Liberty's JSE listing was to be terminated on March 1, 2022. Liberty is a wholly owned subsidiary of the group.
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