Visa Launches Grant to Boost African Women Businesses

Posted by - August 11, 2022

Visa has announced its plan in expanding Africa’s Women businesses through grant, a contribution towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). The grant will be utilised to fund the working capital needs of women fund managers across South, East, and West

We expect BoG to hike policy rate by further 1.5%,says Standard Bank

Posted by - August 10, 2022

The parent company of Stanbic Bank Ghana, Standard Bank, expects the Bank of Ghana to increase its policy rate by between 1.0% and 1.5% percent.This increment is expected to push cost of borrowing up. In its latest report on Ghana dubbed ‘Africa Market Revealed’, it said the policy action by the Bank of Ghana is

Standard Bank collaborates with Flutterwave to Drive Digital Transformation Efforts Across Africa

Posted by - November 1, 2021

Standard Bank has partnered with Flutterwave to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. Flutterwave and Standard Bank are collaborating to build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for millions of Africans. The bank stated that this integration will help

Standard Bank forecasts 3.5% growth rate for Ghana in 2021

Posted by - February 3, 2021

Standard Bank, parent company of Stanbic Bank Ghana is forecasting a growth rate of 3.5% for Ghana this year. This is a little below that of the International Monetary Fund, Moody’s and Fitch Solutions, which have all projected more than 4.0% Gross Domestic Product in 2021 The report also said the size of the Ghanaian

Standard Bank Reports Digital Money Transfers Rapid Growth

Posted by - November 5, 2019

The financial service provider Standard Bank has processed more than R60 billion (US$4 billion) through its Instant Money transfer service as digital money transfers become entrenched in South Africa. This has been processed at more than 6500 access points across the country. The company stated that KwaZulu-Natal and the Eastern Cape are the biggest recipients

Standard Bank Sets to Dominate Africa-China trade flow

Posted by - November 5, 2019

In a bid to significantly boost the export of African products to China, Africa’s largest financial services Standard Bank, has launched a new export proposition that tackles the challenges and supports exporters in accessing the Chinese market. Africa China Export Proposition (ACEP), which was launched at the China International Import Expo (CIIE) in Shanghai, connects

Standard Bank Receives Private Banker International Global Wealth Awards

Posted by - October 15, 2019

Nigeria financial institution Standard Bank Wealth and Investment has been lauded the Outstanding Global Private Bank in Africa and the Global Best Next-Generation Offering awards at the 29th Private Banker International Global Wealth Awards 2019 which was held in Singapore recently. As part of its achievements, recently the Standard Bank received a total of nine

Standard Bank, Stanlib, Liberty collaborate to form 1nvest

Posted by - October 9, 2019

The Africa’s largest financial services group Standard bank recently announced its collaboration with Stanlib and Liberty to form a specialist index tracking fund provider 1nvest. Standard Bank group said 1nvest combined existing index funds, experience and expertise to provide clients with a comprehensive range of 28 index tracing funds across multiple asset classes and geographies.