Standard Bank
The Standard Bank of South Africa Limited is large financial services and banking organization in South Africa. By assets, it is Africa's largest lender. Standard Bank Centre, the company's corporate headquarters, is located on Simmonds Street in Johannesburg.
Standard Bank Group remains in the first place, ranking third in Africa and 152nd internationally, gaining four places from its previous ranking of 156th in 2019. The company's headquarters are located in Johannesburg. However, the previous year's rapid expansion resulted in a 10% drop in capital from $13.2 billion to $11.9 billion by the end of 2017. With the continuing challenging financial and economic climate, total assets fell by a comparable amount to $147.7 billion, and net profit fell to $2.3 billion. The standard bank improved on its return on equity (ROE) performance over the previous year, with an ROE of 19.1 percent this year.
Founded: October 15, 1862
Headquarters: Johannesburg, South Africa
Revenue: $13.2 billion
Website: https://www.standardbank.co.za/southafrica/personal/home