Standard Bank is the official sponsor of the First-Time Buyer Theatre, where first-time home buyers will be able to hear property experts giving advice on all of the ins and outs of buying your first home. “We chose to get involved with the Property Buyer Show as we felt it fits in line with our purpose of improving lives and fulfilling aspirations through home ownership for all in South Africa,” says Andrew van der Hoven of Standard Bank South Africa.
Standard Bank has a 156-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 638 branches and 8 428 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.
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