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February 10th, 2014
Standard Bank

Standard Bank

Sim Tshabalala, Standard Bank Group joint CEO

Standard Bank Group Limited, founded in 1862, provides various financial products and services in South Africa and internationally.

Standard Bank currently operates in 18 countries on the African continent, including South Africa, as well as in other selected emerging markets.

Standard Bank Group Limited operates over 1 222 branches, including loan centers and 7 945 ATMs.

The company is headquartered in Johannesburg, South Africa.

Standard Bank Group is listed on the JSE Limited and the Namibian Stock Exchange.

Standard Banks Personal and Business Banking segment offers banking and other financial services, including residential accommodation loans, installment sale and finance leases, such as finance to personal market customers and finance of vehicles and equipment in the business market, credit cards and merchant transaction acquiring services to individuals and businesses and transactional and lending products comprising deposit taking activities, electronic banking, cheque accounts, and other lending products.

This segment also provides short-term and long-term insurance products, including homeowners’ insurance, funeral cover, household contents, vehicle insurance, as well as life, disability, and investment policies; and financial planning and wealth services.

The company’s Corporate and Investment Banking segment provides fixed income and currency, commodity and equity trading services; transactional banking, trade finance and investor services and advisory services, debt products, structured finance, structured trade, commodity finance, and debt capital markets and equity capital markets services, as well as investment in real estate and real estate finance.

It serves governments, parastatals, corporates, financial institutions, and international counterparties.
The company’s Liberty segment provides investment management and life insurance solutions, such as long-term investment, long-term risk, pension fund management, asset management, endowment and retirement annuities, corporate benefits, and health care and health insurance, as well as investment-related advice and solutions.

Ben Kruger

Ben Kruger, Standard Bank Group joint CEO

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