Africa's best bank, 2024: Euromoney and The Banker

The Banker, which is owned by the world-renowned Financial Times, ranked Standard Bank the best performing bank in South Africa and Africa overall. 

Standard Bank achieved a clean sweep of 16 accolades, including Africa’s Best Bank, at the Euromoney Awards for Excellence 2024.

Standard Bank has also been recognised as Africa’s best performing bank in The Banker’s Top 1000 Banks 2024 rankings.

South African Awards
In South Africa, Euromoney awarded Standard Bank the categories of South Africa’s Best Bank and International Bank, as well as the Best Bank for Environmental, Social and Governance amongst others. 

Africa Regions Awards
Euromoney awarded Standard Bank the best bank in Africa overall and the continent's leader in categories including Wealth Management, Advisory, and Financing. Euromoney recognised Standard Bank as Botswana's best bank for ESG, Kenya's best investment bank, and Nigeria's best bank for SMEs and Digital Banking.

Sim Tshabalala, Group Chief Executive of Standard Bank Group, said, "These accolades acknowledge our commitment to offering our clients consistently excellent service and to creating solutions that enable Africa’s businesses and Africa’s people to achieve their goals. The recognition from these prestigious publications equally reflects our commitment to driving Africa's growth by creating value for investors, businesses, and communities across all 20 African countries where we have businesses.”

Euromoney has been evaluating the world’s leading financial institutions through performance data, surveys, and industry awards for more than 30 years. The Banker’s Top 1000 Banks rankings identify and recognise global leaders in the banking industry. The financials contained in the Banker’s Top 1000 Banks 2024 rankings are for the year ending 31 December 2023.