B2B Central

Standard Bank

13 Mar 2025

How the 2025 Budget will impact consumers: What you need to know

By Staff Writer

By Thabani Ndwandwe, Chief Risk Officer, Standard Bank South Africans were eagerly awaiting Finance Minister Enoch Godongwana’s 2025 Budget Speech, hoping for measures to ease financial pressure. However, the budget presents a mixed bag – while it seeks to stabilise government finances, the cost of living is set to rise due to tax changes. The...
20 Jun 2024

Consumers increase balloon payments in the last 5 years

By Staff Writer

A third of Standard Bank’s customers looking to buy a car have opted to include the maximum balloon payment in the past 12 months as South Africans continue to struggle with affordability as a result of high interest rates. “Given the current cost of living crisis, and the 15-year high interest rates in South Africa,...
14 Aug 2023

Renewable and solar energy made affordable

By Staff Writer

Through years of experience, Standard Bank has learned that navigating the renewable energy market can be overwhelming for businesses like yours. To streamline the process and empower you to make well-informed decisions, they have introduced two distinctive platforms...

11 Mar 2022

Standard Bank appoints David Munro to lead Liberty’s integration into the Group

By Staff Writer

Standard Bank Group appointed Liberty Chief Executive David Munro as its new Group Executive to lead the integration of the insurance and asset management company into the Group.
23 Feb 2022

Budget 2022: Government must create conditions for SMMEs to grow into larger enterprises

By Staff Writer

A game changing intervention could be the consideration of separate, limited and much more simple legislation for small businesses so that they are not held to the same commitments as large corporates.

14 Oct 2021

Shareholders approve Standard Bank’s proposal to buy out the minorities of Liberty

By Staff Writer

Liberty shareholders have approved the proposal by the Standard Bank Group (SBG) to buy out its minority shareholders and to integrate Liberty fully into the greater group. The approval was secured at a general meeting held yesterday. This represents a significant milestone towards finalising the proposed transaction, expected in the first quarter of 2022.
07 Oct 2021

Standard Bank supports actuarial profession in SA

By Staff Writer

Standard Bank has taken title sponsorship of one of the longest-standing events of the actuarial profession in South Africa: The Convention of the Actuarial Society of South Africa (ASSA) 2021. This year marks the 48th annual convention, which will take place virtually from 19-22 October.
16 Sep 2021

Standard Bank’s Shari’ah Banking wins at the 2021 Global Islamic Finance Awards

By Staff Writer

Standard Bank Group was awarded the Global Islamic Finance Awards (GIFA) Excellence Award for Premier Islamic Banking for the second year in a row at GIFA’s 11th annual awards. The awards ceremony was held on the 14th of September and was attended by President of Pakistan, Dr Arif Alvi as the chief guest, alongside local and international leading players and other stakeholders of the banking industry.
25 Aug 2021

Standard Bank’s Shari’ah Personal Call Account makes personal saving easy

By Staff Writer

Standard Bank’s Shari’ah banking allows customers to bank in a way that fits their beliefs and lifestyles. One that honors their values based on Shari’ah compliance. Though based on Shari’ah principles, these offerings are in no way exclusive to Muslim customers but are for anyone who wants to consume products that are based on the principles of Shari’ah.
22 Jul 2021

Standard Bank provides relief to business and agriculture insurance clients

By Staff Writer

Standard Insurance Limited will be reducing its insurance premiums to its small business and agriculture customers by 30%. This applies to premiums for the next 3 months starting in August 2021 and is aimed at helping to reduce some of the impact of recent lockdown restrictions as well as the recent unrest in Gauteng and KwaZulu-Natal.
21 Jul 2021

Life insurance: Growing through customer satisfaction in a changed world

By Staff Writer

In a highly competitive financial service offering like life insurance, delivering differentiated and memorable customer experiences across every touchpoint of the insurance journey have become more crucial than ever. COVID-19 has left in its wake a combination of altered life expectancy and forced migration to digital integration in virtually every aspect of daily living,
05 Jul 2021

Despite sluggish Covid recovery, Africa holds investment opportunities

By Staff Writer

It is an unfortunate yet inescapable reality that Covid-19 will be a key determinant in Africa’s economic growth in the short term. Despite not suffering the same levels of human casualty as elsewhere (less than 5% of the overall deaths from Covid-19 have been in Africa), a largely sluggish vaccine rollout is preventing the continent from kickstarting its recovery as quickly as it might.