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Standard Bank International > General Info

Standard Bank Group at a glance

The group at a glance. As at 30 June 2017, Standard Bank Group is the largest African bank by assets.

  • Total assets of R1.95 trillion (USD149 billion)
  • Headline earnings of R12.1 billion (USD918 million)
  • Market capitalisation of R233 billion (USD18 billion)
  • Employs more than 54 000 people
  • Common equity tier I ratio 13.7%
  • Offers a range of banking and related financial services
  • Operates in 20 countries on the African continent
  • Owns a controlling stake in the South African listed insurance company, Liberty Holdings Limited
  • Three business units: Personal & Business Banking, Corporate & Investment Banking and Liberty
  • One of the four full-service South African banks
  • 154-year history in South Africa
  • Listed on the JSE since 1970
  • Started building a franchise outside southern Africa in early 1990′s

Offshore centres – the benefits

The wealth of experience and expertise that is offered by the Islands’ financial service providers give an unparalleled welcome to businesses and investors alike. Investing in the offshore centres also provides a range of underlying benefits and some of these include:

  • Security and confidentiality offered by the premier offshore jurisdictions
  • No exchange control restrictions, allowing capital to be freely moved without formality
  • Interest on your savings and investment accounts may be paid gross, without deduction of tax at source (although you may have a liability to tax elsewhere). If you reside in the European Union, the European Union Savings Directive will affect the way interest is paid on your account.
  • Holding assets offshore may have some tax planning advantages
  • There may be inheritance tax benefits for clients, dependent upon domicile
  • Sophisticated worldwide communication links facilitating ease of access

Please Contact Me for more information and about how to open a new account.

 

Registered Office:

Standard Bank House
One Circular Road
Douglas, IM1 1SB
Isle of Man
British Isles

Tel: +44 (1624) 643643
Website: https://international.standardbank.com/

 

 





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