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Standard Bank Group is bringing together institutional investors, policymakers and top African corporates to discuss Africa’s growth and investment opportunities at its flagship international event, the Africa Investors’ Conference. The event, in collaboration with ICBC Standard Bank, will take place at the Standard Bank offices in London from June 28th to 30th. The agenda-setting conference, now in […]
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Standard Bank Group achieved first- or second-place rankings in 20 of the 40 research categories listed in the Financial Mail’s prestigious 46th annual Top Analysts Awards, announced on 31st May 2022. These results underscore our thought leadership on financial markets and the broader investment environment across Sub-Saharan Africa. The results of the ‘Ranking the Analysts Survey’reveal that […]
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The World Economic Forum president and Standard Bank Group’s CEO share their insights in this exclusive interview The 2022 World Economic Forum saw African leaders and other world leaders gather in Davos, Switzerland to discuss issues of importance to the continent and the rest of the world. One of the critical matters that Africa must […]
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As Part Of The Country’s Ambitious Reform Plan As part of Ethiopia’s ambitious Homegrown Economic Reform Plan, the Standard Bank Group was honoured to offer about 100 Ethiopian executives an in-depth conference on accessing capital markets. From 6-7 April, Standard Bank offered the Ethiopian Capital Market Conference at the Hilton Hotel in Addis Ababa, overseen by the […]
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for the year ended 31 December 2021 Standard Bank Group recorded a strong rebound in earnings driven by a recovery in client activity, an improvement in client balance sheets and real growth in its underlying franchise. Headline earnings: R25 021 million, up 57% Headline earnings per share (HEPS): 1 573 cents, up 57% Common equity […]
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Standard Bank Group, Citi, Norfund and CDC Group fund Greenlight Planet Kenya, leading solar energy business in Africa The transaction is one of the first sustainability-linked deals in Kenya and strengthens the growing trend of syndicated sustainable finance deals in the region ESG criteria incorporated into the facility to maximise Greenlight Planet’s impact across Africa […]
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Headline earnings: R11 477 million, up 52% Headline earnings per share (HEPS): 721.4 cents, up 52% Common equity tier (CET) 1 ratio: 13.5% (1H20: 12.5%) Net asset value (NAV) per share: 11 509 cents up 2% Return on equity (ROE): 12.9% up from 8.5% Cost-to-income ratio: 58.3% (1H20: 56.4%) Credit loss ratio: 88 bps (1H20: 169 bps) Dividend: 360 cents (1H20: 0 […]
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“Creation of a united and formidable competitor in financial services in Africa, at scale” Highlights of the proposed transaction The integration closer of Standard Bank Group and Liberty’s products and services will create a strong and established, unified financial services powerhouse in Africa. Represents a natural evolution of the successful and strategic relationship between the […]
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Standard Bank Group, Africa’s largest bank by assets, has appointed Yinka Sanni as its new Chief Executive for Africa Regions and a member of the Group Leadership Council. Sanni, the group’s Regional Chief Executive for West Africa, takes over from Sola David-Borha, who is retiring after 31 years of distinguished service to the group. Sanni […]
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Standard Bank Group has published its Fossil Fuels Financing Policy as part of its efforts to improve its management of environmental, social and governance (ESG) risks, and contribute to the sustainable development of Africa. This follows the adoption in 2019 of policies on lending to Coal-fired power projects and Coal-mining operations specifically. The Fossil Fuels Financing Policy sets out […]
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