Stanbic Bank in Zambia is part of one of Africa’s leading banking and financial services groups, Standard Bank Group Limited, which is based in South Africa and listed on the Johannesburg Securities Exchange.Rooted in Africa and with representation in strategic sub-Saharan markets, the Standard Bank Group is a regional banking force with a global sweep. With total assets of about US$81 billion and employing about 35 000 people worldwide, the Standard Bank Group has the largest presence in Africa of any African bank.
Our network spans 17 sub-Saharan countries and extends to 21 countries on other continents, including the key Financial centres of Europe, the United States and Asia. In addition to banking, the Group has a strategic interest in the insurance industry through its control of the Liberty Group, one of Africa’s leading life Offices and financial groups.
The group has one of the biggest single networks of banking services in Africa. Through this network we offer a wide range of banking products and services which are delivered through more than 1 000 points of representation in 18 African countries (including Zambia). We are active in international and cross-border transactions and in those areas liaises closely with Standard Bank Corporate and Investment Banking and Standard Bank London.
Stanbic Bank can trace its origins to 1956 when a branch of National and Grindlays Bank opened its doors in Ndola. In 1992 Standard Bank acquired the African branches of ANZ Grindlays Bank as part of its southern African business development.
Stanbic Bank has a branch network of 22.