Standard Bank launches representative office in Egypt on November 12th
Updated 11/5/2025 1:43:00 PM
Arab Finance: Standard Bank Group, Africa’s largest financial institution by assets, will officially launch its representative office on November 12th in Cairo, Egypt, according to an emailed press release.
The launch will support its long-term commitment to advancing Africa’s economic integration and cross-border growth.
Standard Bank Group operates in 21 African countries, four global financial centres, Dubai, New York, Beijing, and London, and two offshore hubs in the Isle of Man and Jersey.
Led by Group CEO Sim Tshabalala and headquartered in Johannesburg, South Africa, the group is listed on both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX).
In line with its MENA strategy, the group anchored its presence in the Dubai International Finance Centre (DIFC). Therefore, launching an office in Egypt will allow Standard Bank to capitalize on the significant emergence of the Gulf-sub-Saharan Africa trade and investment.
At the end of June 2025, Standard Bank Group recorded total assets valued at $191.8 billion, serving 19.2 million clients and employing over 50,000 people.
It had over 1,180 points of representation and more than 5,400 ATMs across the African continent.
The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 19.7% shareholding.
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