Tag Archives: Standard Bank

Standard Bank Group arranges first renewable energy bond in South Africa

Standard Bank Group has acted as the sole lead arranger for South Africa’s first – and only the world’s third – renewable energy bond for concentrated photovoltaic energy . The R1-billion, 16-year solar financing bond (closed on 29 April), with an 11% coupon was raised for French renewable energy firm Soitec.

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Multi-faceted consumer car market bucks economic trend, says Standard Bank South Africa

The South African new car market is bucking the economic trend with sales increasing by 4.1% to 163 092 units during the first three months of 2013 when compared to the same period last year. This is despite tough economic conditions, with the South African Reserve Bank expecting GDP to grow by only 2.7% during 2013.

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Standard Bank uses sustainable strategy to mesh commercial reality and social relevance

2012 Sustainability Report proves that Standard Bank’s strategy and sustainability programmes are mutually reinforcing and have served the company well in the past 12 months

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Stanbic IBTC declares N12bn profit on gross earnings of N92bn

Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion.

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Standard Bank Group boosts debt capital market with five issues valued at R6,1bn

Standard Bank Group has concluded five major corporate bond issuances in the past month with a value of R6,1-billion. Standard Bank has assisted Netcare, PPC Ltd, Mercedes Benz, SABMiller and the City Of Tshwane to access the bond market for their funding requirements.

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Standard Bank Group’s leading carbon experts working with international climate organisation

Fenella Aouane of Standard Bank Group has been appointed to the Board of the Climate Markets and Investment Association (CMIA), an international trade association representing 50 companies that finance, invest in and provide enabling support to activities that reduce carbon emissions. The CMIA’s membership accounts for an estimated 75% of the global carbon market, valued at US$120-billion in 2010.

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Standard Bank Group ranked the world’s 12th greenest bank

Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.

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South Africa’s mobile money industry remains innovative and diverse

Mobile Money Africa returns to Johannesburg in May

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Standard Bank South Africa’s cash transfer solution to Zimbabwe hits R1million mark

Standard Bank South Africa has processed over R1million in cash transfers to Zimbabwe through its person-to-person money transfer offering, launched in partnership with OK Zimbabwe Ltd last year.

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Standard Bank Group wins EMEA Finance awards in 2013 for landmark deals

Standard Bank Group has walked away with 11 acccolades at the 2013 EMEA Finance Achievements Awards, including being named best merger and acquisition house, best securitisation house and best syndicated loan house in Africa.

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