Entrepreneurship

Standard Bank – Stanbic Youth Entrepreneurs Incubation Program (2024)

Rise Above Incubation Programme

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Standard Bank Africa’s largest bank by assets and one of the world’s leading banks, the Industrial and Commercial Bank of China (ICBC) have renewed their strategic cooperation partnership for another five years. The partner institutions continue to lead the Africa-China trade and investment markets, jointly providing unequalled expertise and capabilities to individuals and businesses trading between Africa and China.

Standard Bank Wealth and Investment was the recipient of two awards in this year’s Professional Wealth Management (PWM) Global Private Bank Awards.

Stanbic Bank Zimbabwe, Rise Above Incubation Programme, is a three (3) month intensive program focused on supporting driven entrepreneurs in unlocking their potential from various industries. The programme seeks to develop ideas and early-stage startups that have been in operation for no more than 4 years to become sustainable enterprises through business workshops, mentorship and possible access to debt financing.  Entrepreneurs from Zimbabwe that are between 18 – 40yrs of age are eligible for this programme. Please ensure that you have completed all the mandatory sections and have read and understood the indemnity form before submitting your application. Good Luck to all the candidates

Join a committed group of 50 000+ people who stand behind one common purpose: Africa is our home, we drive her growth.  Standard Bank firmly believes that our people are their greatest competitive advantage. “It’s only through our people’s expertise and dedication that we are able to bring our purpose and strategy to life in service of our clients and society at large”. 

Purpose and strategy

Standard Bank belief in Africa is rooted in the vast possibilities and opportunities it presents. Standard Bank navigates these opportunities with integrated thinking, aligning our purpose and strategic approach to emerging trends, ensuring that the execution of our strategy creates enduring value.

Standard Bank Background

1953    
Standard Bank’s administrative head office moves from Cape Town to Pretoria.

1959    
The bank’s head office moves from Pretoria to Johannesburg.

1970    
The bank occupies its prestigious new head office building at 78 Fox Street, Johannesburg.

1977    
Standard Bank opens a branch in Jabulani, Soweto on 15 February, the first bank to open a full branch in Soweto.

1990    
Our new head office complex, Standard Bank Centre in Simmonds Street, Johannesburg, is officially opened on 6 August.

Also Read : Immigration Status Documents Issued by the Canadian Government (2024)

The bank’s origins can be traced to 1862, when a group of businessmen led by the prominent South African Politician John Paterson who formed a bank in London initially under the name Standard Bank of British South Africa.

Stanbic Bank clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

In 1992 the bank acquired the operations of ANZ Grindlays Bank in eight African countries. Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa.

Several more banks in Africa were acquired during the 1990s, and adopted the Stanbic name. Standard Bank now trades under the name Stanbic Bank in Botswana, DRC, Ghana, Kenya, Malawi, Nigeria, South Sudan, Tanzania, Uganda, Zambia and Zimbabwe.

In 1969 the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of the South African bank. During the 1970s and 1980s Standard Chartered gradually reduced its shareholding, and sold its remaining 39% stake in Standard Bank Group in 1987, transferring complete ownership of the holding company to South African investors and in particular Liberty Life.

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