Standard Bank officially inaugurates representative office in Egypt

Updated 11/13/2025 11:58:00 AM

Arab Finance: Standard Bank Group officially launched its representative office in Egypt during an event held at the Pyramids of Giza in Cairo, according to a press release.

The new office, recently announced, will strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East, affirming Egypt’s role as a key gateway in Africa's north-south trade corridor.

Sim Tshabalala, Chief Executive of Standard Bank Group, said: “This expansion reflects Standard Bank’s belief in Egypt’s growing role as an investment and logistics hub, aligned with the country’s Vision 2030 and Africa’s broader development agenda.”

“Our new Representative Office will act as a vital conduit to connect Egyptian corporates, investors, and multinationals with opportunities across Standard Bank’s footprint spanning 21 countries in Africa,” Tshabalala added.

Speaking at the launch event, Luvuyo Masinda, Chief Executive of Corporate and Investment Banking (CIB) at Standard Bank Group, said: “Through our presence in Egypt, we aim to foster stronger financial cooperation, provide on-the-ground market intelligence, and support clients seeking to expand their operations between Egypt and Sub-Saharan Africa, as well as the Group’s international offices in Dubai, Beijing, New York and London.”

Standard Bank’s Egypt office supports the MENA strategy, which began in the UAE in 1997, and has since been spearheaded by a 20-year Dubai International Finance Centre (DIFC) presence and operation. This anchors the group’s position as a leading enabler in the Gulf-sub-Saharan Africa trade and investment corridor.