The group’s largest shareholder is Industrial and Commercial Bank of China , the world’s largest bank, with a 20,1% shareholding. The bank estimates that there are approximately 10 million small and medium enterprises and other commercial businesses spread across East Africa. These businesses contribute significantly to the economies in which they operate, driving GDP growth and providing significant employment opportunities. A Business Revolving Credit Loan is an unsecured loan which offers a continual revolving line of credit with the immediate availability of funds. The loan is an ongoing business loan where repayments are calculated up to a five-year period in equal monthly installments.

  • Standard Bank Group is one of the big four full-service South African banks.
  • Therefore, it might be possible for this company to finance your small business.
  • If you’re considering moving your money overseas, it’s important to keep certain insights and tips in mind.
  • Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors.

Apply for your business account today and set your business up for success. We’ll protect your business from unexpected events, so you can focus on growing a solid business. Get flexible business insurance from brokers who specialize in your sector.

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Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. It set targets for reducing lending to coal, oil and gas as a percentage of its loan book by 2050, and its strategy put it ahead of some local peers. Standard Bank said it wanted to mobilise up to 300 billion rand ($19.9 billion) in sustainable finance – potentially including for transition fuels like gas – by the end of 2026 from a targeted 40 billion rand in 2022.

STANDART BANK BUSINESS FINANCE

R3’s distributed ledger technology enables all parties to share information across the network securely and in real time. Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses provide significant opportunities for growth. Financial inclusion is important for women because it helps them make payments reliably, access credit which can be invested in their enterprises, and to save. Financial inclusion has been seen to improve access to insurance products and services which are critical safeguards against risks in any type of business.

Marketplace

Access money you’ve invoiced in advance while keeping your facility confidential. Secure payment for goods being manufactured or imported, and start your main finance plan on collection.

Its TradeIX Platform is delivered to banks and their corporate clients via ERP-embedded applications. The TradeIX Platform is integrated with the Marco Polo Network, the world’s fastest growing trade finance network. Standard Bank International is the global arm of the Standard Bank Group, Africa’s largest bank by assets.