Standard Bank Group Ltd 2017 IR
The report highlights Standard Bank Group's strong financial performance in 2017, delivering a 14% increase in headline earnings to R26.3 billion and improving its return on equity to 17.1%. The group made significant progress in its digital transformation, with over seven million accounts migrated to its modernised core banking platform in South Africa. It also achieved a Level 1 B-BBEE status for its South African banking operations and continued to drive sustainable growth across 20 sub-Saharan African countries. Additionally, the group focused on its ten social, economic, and environmental impact areas, including investing USD2.27 billion in energy infrastructure since 2012.
Company: Standard Bank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2017
Type: IR
Pages: 128
Standard Bank Group Ltd
The report highlights Standard Bank Group's strong financial performance in 2017, delivering a 14% increase in headline earnings to R26.3 billion and improving its return on equity to 17.1%. The group made significant progress in its digital transformation, with over seven million accounts migrated to its modernised core banking platform in South Africa. It also achieved a Level 1 B-BBEE status for its South African banking operations and continued to drive sustainable growth across 20 sub-Saharan African countries. Additionally, the group focused on its ten social, economic, and environmental impact areas, including investing USD2.27 billion in energy infrastructure since 2012.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees