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Standard Bank Offshore Ltd

Overview

Standard Bank Offshore is a wholly owned subsidiary of Standard Bank Group Limited, and comprises a number of companies located in the offshore jurisdictions of Jersey, the Isle of Man and Mauritius. We provide a range of offshore services for the personal, professional and corporate client, including banking, fiduciary and corporate services, stock broking, asset management and offshore fund management.

History

Standard Bank Group Limited is the holding company, one of the leading banking and financial services groups based in South Africa today. It was first listed on the Johannesburg Stock Exchange, Securities Exchange in 1970.

Rooted in Africa and with strategic representation in key sub-Saharan markets, Standard Bank is a regional banking force but with global sweep.

Standard Bank delivers its services through more than 600 points of representation throughout South Africa, while spanning 17 other key African countries and extending to 16 countries around the globe, including the key financial centres of Europe, the United States and Asia.

Standard Bank was the first South African banking institution to be rated by IBCA, the leading international bank credit rating agency.

The group has established itself as a leader in banking technology for the personal and business markets in South Africa. The corporate and merchant banking arm has consistently ranked in successive peer surveys as the South African market leader.

Our business banking systems facilitate global transfers by linking into the SWIFT international message system, of which the Standard Bank is the largest user in South Africa. Satellite communications are being harnessed to reduce reliance on overstretched telecommunications systems, within South Africa and throughout the sub-Saharan region.

In addition to its banking operations, the Standard Bank enjoys a strategic interest in the insurance industry through control of the Liberty Group, one of Africa's leading life offices and financial services groups.

At December 2008, the group had assets of £101.5 billion and employs over 50,000 people worldwide.

Click to view the Standard Bank Offshore Factsheet

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