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Standard Bank

Lead Sponsor

Standard Bank Group is the largest African bank by assets, operating in 20 African countries and 4 global financial centers and 2 offshore hubs. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB.

Standard Bank has a 162-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

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.

The group’s headline earnings for the year ended 31 December 2023 were R42.9 billion (USD2.3 billion) and total assets were R3.1 trillion (USD166 billion).

As at 31 December 2023, Standard Bank Group had over 18.8 million clients, employed over 50 000 people (including Liberty) and had over 1000 points of representation and 6 000 ATMs on the African continent.

The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 19.4% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

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