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The Standard Bank of South Africa Limited (SBSA) today announced the successful securing of a USD275 million loan facility from a consortium of Taiwanese and International Banks. Speaking from Taipei, Craig Bond, Chief Executive of Standard Bank China said, "This three-year term loan facility is to be used for general corporate purposes by SBSA with a primary focus, but not limited to, trade related financing."
Port Elizabeth's Nelson Mandela Metro University (NMMU) has awarded Standard Bank Group, the tender to provide transactional banking services to the university for the next five years. This South African university is giving the bank the opportunity to strengthen its presence in the province where it was founded. - See more at: http://www.standardbank.com/Article.aspx?id=-121&src=m2011_34385466#sthash.CeRuizx1.dpuf
Standard Bank Group's insurance offerings to South Africans has breached the 4-million policy mark, offering insurance cover for household, credit life, funeral cover and homeowners insurance. Standard Bank pays out more than R5-billion in claims on credit life and funeral policies alone annually.... - See more at: http://www.standardbank.com/MediaReleases.aspx?year=2011&id=34385466#sthash.jK2tkeIy.dpuf
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