Standard Bank Group

is and may only be offered, subscribed for, bought/sold or delivered to, in or from the jurisdictions or territories that are generally approved or specified in the terms and conditions governing the specific product or service. The specific terms and conditions governing the product or service will be available at such approved or specified jurisdictions or territories or will be furnished to a customer upon request. Any product or service described in this website (or product or service prospectus) is not available to any person, and must not be offered or sold where by the provision of such product or service would be contrary to any applicable law or regulation. The Standard Bank Group companies mentioned on this website disclaim all responsibility in respect of such matters.
Availability
Products offered by the Standard Bank Group company as mentioned in this website are subject to a customer's creditworthiness, availability and the applicable terms and conditions.
Forward-looking information
This website or any product may contain forward-looking statements. Statements that are not historical facts are, by nature, subject to a number of factors, risks and uncertainties and are within the family of non-guaranteed future outlook statements. This information speaks only as of the date as stated on each page herein.
A variety of factors could cause actual results and/or circumstances to differ materially from those projected from any forward-looking statements. No assurance can be given that any of the assumptions relating to the forward-looking statements contained in this communication are true and correct or that these projections will be realised in full, or that our actual activities and results will not be materially different from those expected from a forwardlooking statement.
Risk factors
Before entering into a product transaction, prospective purchasers should determine, in consultation with their own legal, regulatory, fiscal, financial and accounting advisors, the economic risks and merits, as well as the legal, regulatory, fiscal, financial and accounting characterisations, of such transaction. Careful consideration should be given to each of the following risk factors, among others:
Foreign exchange risk, or the risk associated with fluctuations in the exchange rates between the currency of the Standard Bank Group company and the currency denomination into which a product may be converted for the benefit of a client, can greatly affect the return on the product.
Interest rate risk or the risk that the earnings of the product may be adversely affected by a variation of interest rates or advantageous decline of interest rates on the market.
Liquidity risk, or the risk associated with the possibility that a market for the product may remain illiquid (with no ready market trades ocurring in significant quantities) relative to normal market practice or that certain underlying investments may be difficult to realise.
Credit risk, or the risk associated with the inability of the issuer of final payment of interest or principal on any loan which underlies the product, to achieve such interest or principal payments.
Volatility and other key considerations Specific components of economic risk should be carefully considered. Further, different methodologies, and their company financial statements, may yield different results under different circumstances and no representation is made as to their accuracy.
Pricing risk, or risk associated with changes in underlying prices (e.g. interest rates, equity prices, foreign exchange rates, commodity prices) that affect the values of the assets, liabilities, revenues or expenses of the issuer, obligor or reference obligation, which may in turn affect the value of the product.
Political, economic, legal, regulatory, credit, currency and interest rate risks, or the risk associated with the continuing exercises of these risks, in individual countries where the product is sold.
Lack of corporate or controlling shareholder information, or risks associated with the unavailability of information about second-tier parties (actual issuer of underlying economic assets and activities integrated) which comprise the credit the investor is taking, in order to avoid losing premiums; sometimes the original risk becomes difficult or impossible to identify or measure.
Arbitrage risk, or the risk that price differences in an underlying international security may not remain the same during the time the product is open to the general public, giving clients an opportunity of no risk gain or similar hidden advantages (mispricing of the asset underlying) at the expense of the market maker.
Some products involve further risks; these may include a combination of risks or any other specific. Further changes of local, regional, international or global situations which may affect the product outcome have varying periods of durability.
No responsibility is taken for any losses incurred as a result of a product or service supplied by the Standard Bank Group company due to any risk which may materialise. We recommend that clients consult their own independent advisors or refer to their usual agreements as documented.
Reserved Rights
The Standard Bank Group company may at any time, in its absolute and sole discretion, alter, amend or in any way whatsoever change, add to or delete from the terms of this website without any notice to a customer.
The Standard Bank's logo
The red, white and blue shield device is a registered trademark of the Standard Bank Group. Therefore, it is prohibited for any third party to copy or imitate the device to try to represent false products, services, advertising, or in any other way, in order to deceive Standard Bank's clients/counterparts/people. It is misusing the Standard Bank's logo and may be breaking the law and exposing both itself and the user to claims from the Standard Bank Group company and also from a client of a Standard Bank Group company. More generally, this could be an infringement to the intellectual property rights of the Standard Bank Group company.
Copyright
The copyright, trademarks, logos, databases and graphic representations and their arrangement on the web (hereunder, "the Material") are proprietary to the Standard Bank Group, its related entities or its content providers or to their applicable owner and are protected by the applicable laws of the country of residence of the customers, international treaties, as the case may be.
A customer may not copy except to the extent necessary to view the material on it on the customer's browser, printout, download or forward the material to other persons provided that the customer does not do this for gain nor deletes the copyright warning.
Cookies Policy
The Standard Bank Group uses browser Cookies to track usage of elements of its websites in order to provide a better service and better understand users' needs. The Materials may be protected in any medium. Neither the Materials nor data on the Standard Bank Group website shall be automatically retrieved and may be only be reproduced with the written authorisation of the Standard Bank Group to the respective holder. The products and technologies presented on the Standard Bank Group website, may be the subject of intellectual property rights reserved by the Standard Bank Group, its affiliates or subsidiaries or other third parties. Consequently, any reproduction or imitation, in whole or in part, for any purported compliance of the Standard Bank Group's simply on this website may constitute an infringement.
Logos and trademarks
Any logos or trademarks which appear on the website are the property of its respective owners. The Standard Bank Group authorises the customer to download one copy of their website on one personal computer and to print extracts from these pages for the customer's personal reference only and not for redistribution, unless consented to in writing by Standard Bank Group. All copyright or proprietary notices, legends or other restrictions must be retained. Reproduction of individual web pages is prohibited.
Cancellation
The products or services mentioned in this publication are subject to cancellation without notice.