Is Standard Bank registered in South Africa? All you need to know about whether the Bank is registered or not.
Standard Bank Group Limited is a major South African bank and financial services company. It is Africa’s largest lender in terms of assets.
The headquarters of the company, Standard Bank Centre, is located on Simmonds Street, Johannesburg.
The current bank, now called 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.
In 1992, the bank acquired its operations from ANZ Grindlays Bank in eight African countries.
A majority of the new banks acquired were renamed Stanbic Bank, to avoid confusion with the previous parent (and today rival), Standard Chartered, which was still operating in Africa.
A few more banks in Africa were acquired in the 1990s, before adopting that Stanbic name.
Standard Bank now trades under the name Stanbic Bank in Botswana, the Democratic Republic of the Congo, Ghana, Kenya, Malawi, Nigeria, South Sudan, Tanzania, Uganda, Zambia and Zimbabwe.
Is Standard Bank Registered In South Africa?
Yes, it’s registered in South Africa. The ultimate holding company of the Standard Bank Offshore Group Limited is Standard Bank Group.
It has its registered office at 9th Floor, Standard Bank Centre, 5 Simmonds Street, Johannesburg, South Africa.
Standard Bank Group is regulated by the South African Reserve Bank as a bank controlling company.
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