• Our group
    • About us
    • Our business
    • Our global locations

    Explore who we are as Standard Bank Group, discover our operations, and witness the essence of our business as we redefine financial landscapes for Africa and her people.

    From the core banking solutions to platforms and partnerships, our focus is on understanding the needs of our clients and delivering services that enable their growth.

    API Marketplace
    Discover the future of Digital Banking.
    Discover our API Marketplace.
    With a presence in 20 sub-Saharan African countries, four global centres, and two offshore hubs, we are strategically positioned to serve our clients. This on-the-ground expertise allows us to navigate complex regulatory landscapes and forge lasting partnerships.
  • Investor relations
    • Equity investors
    • Debt investors
    • Credit ratings
    • Results and reports
    • Financial highlights
    • Announcements
    • FAQs and contacts
    Our debt investor programmes, Stock Exchange News Services (SENS) announcements, investor presentations and our current credit ratings.
    Ratings for key banking entities within Standard Bank Group.
    Key financial indicators and other high level financial informations
    You have a question? Please check our FAQs and if unanswered, find who best to contact to get your questions resolved.
  • Our impact
    • Sustainable impact
    • Our sponsorships

    We are committed to driving Africa's growth in a sustainable and responsible manner wherever we operate. Our focus is on creating positive impact for our clients, our employees, our communities, and the environment.

    Our sponsorships enable us to support sustainable causes and work with partners who share our commitment to connecting with clients, staff, stakeholders communities and societies to drive Africa's sustainable growth.
  • Newsroom
    • News and insights
    • Press releases
    Read our latest news articles covering a range of topics related to our business and Africa. We provide insights on economic trends, industry developments, and the social impact of our work.
    Explore our official press releases to learn about the latest developments at Standard Bank. Discover more about our financial performance, strategic milestones, and key updates that contribute to our impact on the African continent.
  • Careers
    • Rise and grow
    • Why join us
    • What we offer
    • Our career areas
    • Early careers
    • FAQs
    • Apply

    Here at Standard Bank Group, we’re passionate about driving sustainable, inclusive growth across Africa. The kind of growth that will make a positive and lasting impact on all our lives. And we put Africa’s dreams, our clients’ dreams, and our people’s dreams at the heart of everything we do.

    Find the perfect opportunity for you
    Fulfill your promise
    Join us at Standard Bank Group for an exciting career opportunity.
    Why wait? Together, we'll drive Africa’s growth.

    At Standard Bank Group, we believe in bringing all kinds of ambitions to life. Why wait to make a difference? We're harnessing Africa's limitless potential for growth and helping to build better lives across the continent. And for you? We'll work together to develop and champion your career, so you can become the best you can be.
    Why wait for a rewarding career? Discover a range of opportunities and benefits.

    Join us at Standard Bank and experience continuous personalised learning, exciting career opportunities, and a range of benefits designed to help you be your best self, both inside and outside of work. Why wait? Your ideal career awaits.

    As a leading Africa-focused financial services group and an innovative player on the global stage, we can offer a wealth of career-enhancing opportunities – plus the chance to work alongside some of the most talented, motivated pioneers. Why wait to make your mark?

    Why wait to unleash africa's potential?

    Your journey starts here. Africa: a continent bursting with possibilities and limitless potential. At Standard Bank Group, we're creating opportunities for all of Africa's people. But we can't do it alone. Why wait to realise your own potential?

    We're looking for talented individuals with ambition for their own future – and Africa's. Fearless individuals who see things for what they can be and understand that hard work can change the world. If you're ready to show up every day, at your very best, and do all it takes to grow Africa.

    Find the perfect opportunity for you
    Fulfill your promise
    Join us at Standard Bank Group for an exciting career opportunity.
    Why wait for answers? Your frequently asked questions, answered.

    Why wait? Find the perfect opportunity that meets your career ambitions.

    Find the perfect opportunity for you
    Fulfill your promise
    Join us at Standard Bank Group for an exciting career opportunity.
  • B20
    • Infrastructure development
    • Trade and investment
    • Sustainable energy mix and just transition
    • More on B20
    • Podcasts
    • Gallery
    • Videos
    See how we are connecting Africa through infrastructure, by investing in transportation networks and industrial hubs for a thriving economy.
    Explore how we are driving Africa's economic transformation, by investing in trade and investment initiatives that remove market barriers and drive economic growth.
    Learn more about how we’re leveraging our expertise to power Africa's sustainable energy future and drive a just energy transition for all.
    B20 presents a historic chance to redefine Africa’s role in the global economy. Join the conversation about how inclusive growth and prosperity can be achieved through international cooperation.
    Listen to the latest episodes from our B20 Legacy in Motion podcast series
    Browse the latest pictures from various B20 related events.
    Watch the latest videos from the various B20 related events.
Standard Bank Group
Standard Bank Group
A snapshot of our performance highlights
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Financial highlights

Get a concise overview of our key financial metrics and performance indicators. We provide a snapshot of our financial health, highlighting key trends and achievements.

Standard Bank Group at a glance 2024 annual results
Market capitalisation
 
R368 billion
Total assets
 
R3.3 trillion
Total equity
 
R293 billion
Assets under management
R1.5 trillion

Overview

Standard Bank Group is listed on the JSE and A2X, with share code SBK, and the Namibian Stock Exchange, share code SNB. As at 31 December 2024, the group’s market capitalisation was R368 billion (USD19.6 billion).

The group's headline earnings for the year ended 31 December 2024 were R44.5 billion (USD2.4billion) and total assets were R3.3 trillion (USD174 billion).

As at 31 December 2024, Standard Bank had 19.6 million clients, employed over 50 000 people and had over 1 160 branches / points of representation and over 5 500 ATMs on the African continent.
Balance sheet
  Dec 2024
(ZAR bn)
Dec 2023
(ZAR bn)
Change
(%)
Gross loans and advances 1 652 1 609 3
Total assets 3 269 3 046 7
Deposits 2 139 2 002 7
Shareholders equity 251 236 6
Income statement
  FY24
(ZAR m)
FY23
(ZAR m)
Change
(%)
Revenues 158 660 155 418 2
Operating expenses (80 159) (79 957) 0
Pre-provision operating profit 78 501 75 462 4
Credit impairment charges (15 148) (16 262) (7)
Banking headline earnings 40 149 38 842 3
Insurance and Asset Management headline earnings 3 300 2 820 17
ICBCS earnings attributable (40% stake) 1 054 1 286 (18)
Group headline earnings 44 503 42 948 4
Per share breakdown
  FY24
(ZAR)
FY23
(ZAR)
Change
(%)
Headline earnings per share 2 691 2 590 4
Dividend per share 1 507 1 423 6
Ratios
  FY24 FY23
Cost-to-income ratio 50.5 % 51.4 %
Credit loss ratio 83 bps 98 bps
ROE 18.5 % 18.8 %
Dividend payout ratio 56 % 55 %
Common equity tier 1 ratio 13.5 % 13.7 %
  • Balance sheet
  • Income statement
  • Per share breakdown
  • Ratios
  Dec 2024
(ZAR bn)
Dec 2023
(ZAR bn)
Change
(%)
Gross loans and advances 1 652 1 609 3
Total assets 3 269 3 046 7
Deposits 2 139 2 002 7
Shareholders equity 251 236 6
  FY24
(ZAR m)
FY23
(ZAR m)
Change
(%)
Revenues 158 660 155 418 2
Operating expenses (80 159) (79 957) 0
Pre-provision operating profit 78 501 75 462 4
Credit impairment charges (15 148) (16 262) (7)
Banking headline earnings 40 149 38 842 3
Insurance and Asset Management headline earnings 3 300 2 820 17
ICBCS earnings attributable (40% stake) 1 054 1 286 (18)
Group headline earnings 44 503 42 948 4
  FY24
(ZAR)
FY23
(ZAR)
Change
(%)
Headline earnings per share 2 691 2 590 4
Dividend per share 1 507 1 423 6
  FY24 FY23
Cost-to-income ratio 50.5 % 51.4 %
Credit loss ratio 83 bps 98 bps
ROE 18.5 % 18.8 %
Dividend payout ratio 56 % 55 %
Common equity tier 1 ratio 13.5 % 13.7 %
More from investor relations
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Credit ratings

Review our credit ratings from leading agencies, reflecting our financial strength and stability.

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SENS announcements

Stay up-to-date on the latest news and announcements from Standard Bank Group.