LUANDA, Sept 29 – Angola has raised 208.5 billion kwanzas ($224 million) from the sale of a 34% stake in Standard Bank …
Standard bank
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Economy
Africa’s Deposits Rise 12% to $156.30 billion as Payment Activity Accelerates, Standard Bank says
JOHANNESBURG, Sept 9 – Rising savings, stronger electronic payments and increased cross-border transactions are providing fresh evidence of growing economic participation across …
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JOHANNESBURG, Aug 13 – Standard Bank Group, Africa’s biggest bank by assets, reported a 10% increase in headline earnings for the six …
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Banking & Finance
Standard Bank Processes $1.2 Billion in Yuan Payments as Africa-China Trade Accelerates
PRETORIA, July 28 – Standard Bank, Africa’s largest lender by assets, processed more than 8 billion yuan (approximately $1.2 billion) in cross-border …
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CAPE TOWN, June 26 – Standard Bank Group and Industrial and Commercial Bank of China (ICBC) have been authorized by People’s Bank …
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Banking & Finance
Standard Bank Targets Africa’s SME Boom as It Pursues $15 Billion Revenue Opportunity
JOHANNESBURG, June 18 – Standard Bank Group is intensifying its efforts to expand business banking operations across Africa, targeting a revenue opportunity …
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JOHANNESBURG, June 8 – Mozambique could expand its economy by as much as $11 billion annually, create tens of thousands of jobs …
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JOHANNESBURG, Mar 26 – Standard Bank Group, Africa’s largest lender by assets, has forecast annual headline earnings per share growth of between …
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JOHANNESBERG, Mar 12 – South Africa’s largest lender by assets, Standard Bank Group, reported 11% increase in annual headline earnings for the …
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Finance
Standard Bank Issues Africa’s First FLAC Bonds, Raises 2 Billion Rand to Reinforce Crisis Protection
JOHANNESBURG, Feb 19 – Standard Bank Group has raised 2 billion rand ($123.76 million) through the continent’s first issuance of financial loss-absorbing …