Record half-year revenues in its South African operations, especially the record non-interest revenues, despite increasing competition from disruptors in the local banking sector, have boosted Standard Bank's conviction that size matters. | Fin24
With 10.5 million clients in its consumer and high-net-worth business, Standard Bank has the largest client base in the country after Capitec, followed by FNB, which had 7.68 million retail customers in SA at the end of 2021.
The bank, which is also the largest by assets in SA and the biggest lender in the continent, says this last set of results showed how its ability to cater to customers' needs beyond just transactional accounts and unsecured credit remained a pull factor.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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