In 1992, Standard Bank acquired the African branches of ANZ Grindlays Bank as part of its southern African growth strategy.
Today, Stanbic Bank Zambia provides a full range of consumer, business, and corporate and investment banking services to clients who require a local banking partner with international reach.
Our Corporate & Investment Banking team combines an in-depth understanding of local market conditions and drivers. With our experience in emerging markets, we can develop client-focused solutions, customised to each client's unique requirements. Moreover, we are able to leverage Standard Bank's extensive presence to create cross-border solutions, supported by our global network of experts with world-class risk and capital management systems.
Read more about Zambia and our corporate and investment banking offering.
Read more about corporate and investment banking solutions for your business.
For more information on Standard Bank Corporate & Investment banking visit http://corporateandinvestment.standardbank.com/CIB/.
In Zambia, growth is being driven by expansion in agriculture, construction, manufacturing, transport and finance. With volatile commodities prices, copper mining production volumes have decreased, highlighting the importance of national policy shifts to further diversify the local economy.
Growth in other sectors is expected to remain robust, supported by infrastructure development and improvements in the business environment.
As a global leader in commodity-related financial services, we are well-positioned to realise significant opportunities and risk mitigation for our clients in Zambia's primarily commodity-driven economy. While mining still accounts for the bulk of foreign earnings, agriculture is a vital sector with maize, tea and sugar grown commercially. Significant opportunities also exist in sectors such as telecommunications, and power and infrastructure.
We develop working solutions by understanding all players in the sector value chain, and coordinate and execute our clients’ financing and banking requirements within and across continents.
Read more about Standard Bank Group’s sector specialism.
Standard Bank is a leading African financial services group with universal banking capabilities. We operate in 20 countries in Africa, including South Africa, as well as in other key markets globally.
We know Africa. As a connected, real economy bank, our insight and experience enables us to unlock opportunities and mitigate risk for our broad range of clients. Our differentiator is our long-term commitment to Africa, our home, underpinned by a heritage of more than 150 years on the continent.
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The investment will help Stanbic Bank expand its lending to small and medium enterprises, with at least 25 percent of the loan earmarked for women-owned businesses in Zambia.
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