Standard Bank of South Africa: Purpose, Values, FAQ, Contact Details

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The Standard Bank of South Africa Limited is a South African financial services group and is Africa’s biggest lender by assets. The company’s corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg.

Purpose

The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa.

Values

Core Values

  • Delivering to our stakeholders
  • Growing our people
  • Respecting each other
  • Working in teams

FAQ

Why Is Standard Bank Closing Down?

Standard Bank closed more than 100 branches and retrenched hundreds of staff members as part of its efforts to digitise its retail and business bank in 2019. “In other words, keeping those branches open meant wasting resources and keeping staff idle – which is very demoralising.”

Who Owns Standard Bank of South Africa?

In 1967 shares in the Standard Bank of South Africa were offered to the South African public, although the British parent company retained over 80% of the shares. The parent bank merged in 1969 with Chartered Bank of India, Australia and China and the combined bank became known as Standard Chartered Bank.

How Do I Check My Balance on Standard Bank?

  1. Dial *120*2345# and follow the prompts to register.
  2. Activate cell phone banking with your card number and online banking password.

Who Is the Ceo of Standard Bank South Africa?

Lungisa Fuzile (Jan 15, 2018–)

What Does the Standard Bank Logo Mean?

Today’s Standard Bank logo is a bold yet simple icon which hopefully conveys their slogan: “Inspired. Motivated. Involved.”

Contact Details

Address: 5 Simmonds Street
Johannesburg, 2001
Gauteng, South Africa
Tel: +27 11 636 1061

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