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Overview
The Standard Bank Group is a leading African financial services group, with a presence in 20 countries on the African continent. It was founded in 1862 as the Standard Bank of British South Africa and has its headquarters in Johannesburg, South Africa. The group operates in three main business segments: Personal and Business Banking, Corporate and Investment Banking, and Wealth. It offers a wide range of financial products and services including banking, insurance, asset management, and wealth management. Today, Standard Bank Group is the largest African banking group by assets and earnings and has a market capitalization of over R327 billion. It has a strong presence across the continent, with a network of over 900 branches and 2,100 ATMs. The group also has a growing presence in key international markets, including the United Kingdom, the United States, and Asia. Standard Bank Group is committed to driving economic growth and development in Africa. It has a focus on supporting small and medium-sized enterprises, providing financial services to underbanked populations, and promoting sustainable and responsible business practices. The group has received numerous awards and recognitions for its performance and contributions to the African financial sector. It is listed on the Johannesburg Stock Exchange and the Namibian Stock Exchange, and has a secondary listing on the London Stock Exchange. In addition to its financial services, the Standard Bank Group also has a strong commitment to social responsibility and has various initiatives in place to support education, health, and community development in the countries in which it operates.
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