Who we are

Stanbic Bank is a member of the Standard Bank Group of South Africa which operates in 18 African countries and 21 countries on other continents, including the key financial centres of Europe, the Americas and Asia. As at 31 December 2006 the group had assets of $14billion (R978 billion) and employed more than 37 700 people worldwide. This makes Stanbic the largest African bank on the continent with a more pervasive spread than any other international bank.

With the largest footprint in Africa, Stanbic is fully committed to being the foremost bank in Africa, leveraging on centres of excellence across the group and delivering unique and optimal solutions to our customers across the continent and the rest of the world.

Stanbic Bank started operations in Ghana on 30th December 1999 after an acquisition of 75% shares in Union Mortgage Bank earlier in that year.

Business activities

Our core activities include commercial and corporate banking, treasury operations, financial asset management services, custodial services and all forms of trade finance. In most countries we also offer personal and business banking services. The group has over 1200 points of representation throughout Africa. We operate an extensive network of ATM’s, which are known as AutoBanks.

Vision

We are committed to making a real difference to financial services in Ghana and other emerging markets.

We will ensure long-term sustainability by harmonising the needs of our customers, our people and our shareholders and by being relevant to the societies in which we operate. We will only succeed if we are able to attract, retain, develop and deploy teams of people with energy, passion and skills.

Our values

1. Serving our customers

We do everything in our power to ensure that we provide our customers with the products, services and solutions to suit their needs provided that everything we do for them is based on sound business principles.

2. Growing our people

We encourage and help our people to develop to their full potential, and measure our leaders on how well they grow and challenge the people they lead.

3. Delivering to our shareholders

We understand that we earn the right to exist by providing appropriate long-term returns to our shareholders. We try extremely hard to meet our various targets and deliver on our commitments.

4. Being proactive

We strive to stay ahead by anticipating rather than reacting, but our actions are always carefully considered.

5. Working in teams

We, and all aspects of our work are interdependent. We appreciate that, as teams, we can achieve much greater things than as individuals. We value teams within and across business units, divisions and countries.

6. Guarding against arrogance

We have confidence in our ability to achieve ambitious goals and we celebrate success, but we must never allow ourselves to become arrogant.

7. Respecting each other

We have the highest regard for the dignity of all people. We respect each other and what Standard Bank stands for. We recognise that there are corresponding obligations associated with our individual rights.

8. Upholding the highest levels of integrity

Our entire business model is based on trust and integrity as perceived by our stakeholders, especially our customers.

Corporate social investment

Born out of Africa for Africa and believing in the potential of Africa as a continent, we are committed to creating prosperity and giving back to our community; the people of Africa. Our social investment spending on the African continent has been diverse, informed by the needs of the various countries.

For us to achieve our social investment goals, we aim to maximise and sustain our profitability as a multi-national organisation