Standard Chartered bank was formed in 1969 through the merger of two separate banks – the Standard bank of British South Africa and the Chartered bank of India, Australia and China. These banks had capitalised on the expansion of trade between Europe, Asia and Africa.
Its history dates back more than 150 years.
James Wilson following the grant of a royal charter by Queen Victoria in 1853 founded chartered bank. After opening branches in Mumbai, Kolkata, Shanghai, Hong Kong and Singapore over the next decade, it traded in cotton from Mumbai, indigo and tea from Kolkata, rice from Burma, sugar from Java, tobacco from Sumatra, hemp from Manila and silk from Yokohama.
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Standard bank was founded in the Cape province of South Africa in 1862 by John Paterson, and started business in Port Elizabeth in the following year. It helped finance the development of the Kimberley diamond fields from 1867 and extended its network further north to the new town of Johannesburg when gold was discovered there in 1885. The bank had 600 offices across southern, central and eastern Africa by 1953.
Standard Chartered today employs 87,000 staff across the world, representing 130 nationalities.
It reported Pre-tax profits rose 11% to $6.8bn (£4.3 billion), while operating income rose 10% to $17.6bn.
- 1853 -Chartered Bank is incorporated in England by the Royal Charter.
- 1862-Standard Bank is incorporated under the banner Standard Bank of British South Africa Limited.
- 1892-Standard Bank established a pioneering presence in Zimbabwe (then Southern Rhodesia). The first ‘branch’ was located in a bell tent in Bulawayo.
- 1901 -The bank expanded into Malawi
- 1906-The bank expands operations to Zambia
- 1911-Operations are extended to Kenya
- 1962- Standard Bank of South Africa Limited was renamed The Standard Bank Limited, and transferred its South African business to a locally incorporated subsidiary which retained the former name.
- Standard Bank of South Africa Limited lists on the Johannesburg Stock Exchange
- 1965-Growth of the bank was boosted by the acquisition of the Bank of West Africa in 1965 with more than 90 branches in Nigeria, Ghana, Sierra Leone and Gambia
- 1969-Standard Chartered Zimbabwe in its present form arose from a merger of Standard Bank and Chartered Bank in 1969.
Our Summer Internship Programme allows you to work directly on real-world problems, build your business skills, while you take an active role in supporting and driving innovation and create lasting relationships and connections along the way.
Our programme is designed as a pipeline into our Graduate Programme or Straight-to-Desk roles. If you do well, you could get a job offer at the end of the programme.
- Starting June each year
- 10-week structured Internship programme
- On-the-job learning with real-world business exposure
- Technical and professional skills training
- Future skills workshops
- Targeted online learning
- Inspiring thought leadership speaker events
- Access to country management teams
Throughout the programme, you’ll be encouraged to seek feedback that will help you grow and develop your knowledge, skills and experience throughout the internship.
At the end of the programme, you will be evaluated. Our intention is to help you see where your strengths are and whether there are any opportunities for you to further develop.
We are looking to identify potential, which means the experience you gain at the Bank could lead to a job offer to join either our Graduate Programme or a Straight-to-Desk role.
For everyone it will be an opportunity to launch your career into financial services.
- Students from all degree disciplines, in their penultimate year (second to last) or final year of study, in either a bachelor or postgraduate degree.
- You’ll need to be hard working, resilient when working under pressure, with a drive to learn – it’s your career, you need to seize the opportunities as they come.
- Adept at building new, strong relationships, we’re one big team, and relationships are how we get things done.
- You need good communication skills (verbal and written), especially when it comes to understanding, analyzing and interpreting data
- Be curious, have an open mindset, there is no one way of doing things, and there is always an opportunity to experiment.