Get the cash-flow, liquidity or working capital solution that helps you make the quick decisions your business needs to keep growing. AA is a powerful proposition which is scaling up rapidly allowing easy and instant access to financial information of customers in a safe and secure manner. We’re proud to manage the investments of the African Women Impact Fund Initiative which aims to deliver measurable positive impact and market-related returns by gaining exposure to a range of women-owned or led investment strategies. Save time by scheduling an appointment with one of our bankers before visiting a branch.
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In launching the positioning through creative ideas and campaigns, each market had a high degree of freedom to tap into local insights while being true to the essence of our brand’s DNA. Thirdly, we are continuously introducing new and innovative solutions to make the lives of our clients easier. An example is LookSee by Standard Bank – a free online property guide designed to make the entire process of finding, buying, and moving into a house more informed and convenient than before. Unayo is a digital payments platform that connects the payments value chain, thereby stimulating economic activity.
- Standard Bank Group Limited was founded in 1862 and is based in Johannesburg, South Africa.
- Lastly, the trust that consumers have in our brand continues to serve us well.
- Woolworths Holdings Limited is one of the top 40 companies listed on the JSE Limited Securities Exchange with operations across the southern hemisphere.
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The A-List: Africa & The Middle East
IFC’s $20 million loan will qualify as Tier II capital for Standard Bank Mauritius. It is part of a $75 million loan facility that IFC signed with the Standard Bank Group in 2006 to strengthen the capital base of several of its African and Indian Ocean subsidiaries and expand operations across the region. The South African Customer Satisfaction Index of 2015 and 2016 rated Standard Bank as being lowest among South African banks in terms of customer service. Its overall movement in this index has shown a mild decline from previous ratings. In January 2014 the Financial Conduct Authority fined Standard Bank PLC £7,640,400 for failings relating to its anti-money laundering policies and procedures over corporate customers connected to politically exposed persons . In 2015 Stanbic Bank was involved in a fraud scandal involving money transfers from the Swedish embassy to private accounts of a former embassy employee.
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Headline earnings for 2020 were R15.9 billion and total assets were R2.5 trillion . Standard Bank’s market capitalisation as of 31 December 2020 was R209.4 billion . Standard Bank acted as the lender, sustainability co-ordinator, and sustainability agent on the deal.