Africa's largest bank by assets, focusing on strategic equity investments in fintech and digital financial services across the continent.
Stanbic Explores New Banking Venture in Ethiopia
Stanbic Bank is evaluating options for entering Ethiopia's banking sector. The lender is considering establishing a wholly owned operation in Ethiopia.
Optasia to Raise $365M in Johannesburg IPO to Fuel Global Expansion
Optasia plans to raise 6.3 billion rand ($365 million) in South Africa to expand its global footprint. The company will sell 1.3 billion rand in new shares through an IPO on the Johannesburg Stock Exchange.
Standard Bank & African Development Bank Empower SMMEs & Trade
The African Development Bank Group and Standard Bank Group signed a landmark agreement to increase funding for SMMEs. Standard Bank of South Africa Limited secured a R3.6 billion social bond investment to enhance lending capacity for SMEs.
