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Standard Bank named best bank in Africa

Ricardo Kanono by Ricardo Kanono
October 11, 2021
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Standard Bank Group has been named the best bank in Africa in Global Finance’s 28th annual listing of the best banks worldwide. Standard Bank was also recognised as the best bank in South Africa and best bank in Uganda.

Global Finance selected Standard Bank and other winners of the World’s Best Banks 2021 awards based on their performance over the past year and other criteria, including their reputation, management excellence and leadership in digital transformation and corporate citizenship.

“To be recognised in this way by Global Finance is a great honour for the Standard Bank Group. Over the past year we have had to work even harder than usual to support our employees, clients and communities during difficult circumstances. I’m delighted to accept this award in grateful recognition of the excellent work done by my dedicated and resilient colleagues throughout our business,” says Sim Tshabalala, Chief Executive of Standard Bank Group. 

Standard Bank was acknowledged for its deep understanding of the continent that has been developed over its more than 150 years of business, its performance during the COVID-19 pandemic and key initiatives underway in the markets in which it operates.

One such initiative that was highlighted was Standard Bank’s OneFarm platform. OneFarm Share has partnered with HelloChoice, a digital agri-trade platform, and FoodForward, a beneficiary network, to match excess produce from farmers with certified food recipients. Food is procured at a reduced cost or donated by farmers and then provided to beneficiary organisations. OneFarm has already provided six million meals to people across South Africa.

Further to this, Global Finance singled-out Standard Bank’s partnership with Salesforce to power the group’s digital platform and service the bank’s ecosystem of clients. The partnership between Standard Bank and Salesforce will allow both organisations to co-create bespoke solutions for clients, also enabling them to create solutions themselves by partnering with the Group’s service providers and vendors.

“These awards are testament to the trust placed in us by our clients, and as we look forward towards 2022, we’re focused on creating more solutions for our clients across Africa and helping them achieve their goals,” says Tshabalala.

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  • Killings of journalists up 50% in 2022, half targeted off duty    January 25, 2023
    Eighty-six journalists and media workers were killed around the world in 2022 – one every four days, according to UNESCO data, highlighting the grave risks and vulnerabilities that journalists continue to face in the course of their work.   […]
  • Judge Tau; please don’t stifle public scrutiny of the Court of AppealJanuary 25, 2023
    Her utterances are misplaced and must be condemned with the contempt it deserves ADAM PHETLHE The Patriot on Sunday dated 15 January 2022 carried an article titled ‘Judge Tau defends CoA Integrity’, with sub-headings “Complains of discrediting reckless statements; […]
  • Miss Botswana 2022 is the Face of KGK DiamondsJanuary 19, 2023
    Its been an exciting first week back to her MBW duties and we kick off the year with an official announcement that Our Queen is The face of KGK Diamonds. Lesego Chombo alongside Nigel Amos was the show stopper […]
  • Executives to watch in 2023January 19, 2023
    A year is often too short to demonstrate your worth, yet that’s exactly what the newly appointed Chief Executive Officers (CEOs) have to do to show that they deserve their enviable roles. PATRIOT BUSINESS looks at CEOs who shall […]
  • BLP TEST AP/BCP UNITY TALKSJanuary 19, 2023
    BAKANG TIRO editors@thepatriot.co.bw The new entrant in the cooperation talks between Alliance for Progressives (AP) and Botswana Congress Party (BCP) – Botswana Labour Party (BLP) has thrown spanner in the works by demanding that both AP and BCP yield […]
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