Standard bank

Standard Bank is a South African financial institution that offers products and services to private individuals. It forms part of the Standard Bank Group, a financial group of South African origin but with a presence in various African countries.

The Standard Bank of British South Africa was founded in 1862 in London with the aim of carrying out banking activities in southern Africa, opening its first branch in Port Elizabeth (Gqeberha) a year later.
Following the discovery of gold in the Witwatersrand, it opened a branch in Johannesburg, but it was not until 1892 that it opened its first branch outside South Africa, in Harare (Zimbabwe), and in 1962, Standard Bank established itself as an independent institution in South Africa.

Seven years later, Standard Bank merged with the Chartered Bank of India, Australia and China, another british bank, to form a new banking group called Standard Chartered.
Finally, in 1987, Standard Chartered sold its stake and Standard Bank became South African-owned.

Standard Bank offers a range of services: bank accounts, credit cards, debit cards, personal loans, overdrafts, home loans, car finance, student loans, savings and investment accounts, pension schemes, insurance, currency exchange and international transfers.