Standard Bank Group, Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisations that have maintained a reputation for exceptional journalism for nearly a century.
“These accolades from two iconic global news magazines demonstrate that our determined focus on delivering excellent services for our clients in, across and beyond Africa is being recognised worldwide,” says Sim Tshabalala, Group Chief Executive for Standard Bank Group.
Time Magazine’s World’s Best Companies, now in its second iteration, is a comprehensive analysis of the top performing companies across the world.
The study is based on fifteen criteria including employee satisfaction, revenue growth, environmental protection, social responsibility, and corporate governance (ESG).
Newsweek’s World’s Most Trustworthy Companies, conducted in collaboration with global research firm Statista, reviewed businesses across 23 industries, spanning 20 countries.
The survey considered all publicly listed companies with a revenue of over USD $500 million headquartered in 20 countries.
“Trust is the foundation of our business, and we are very pleased to be recognised among the world’s best. We will continue to work hard to earn the trust of our clients, our investors and the communities and countries where we work,” concludes Tshabalala.
Standard Bank today introduced Reach, a digital platform set to transform syndicated loan management.
The banking group said Reach offers unmatched simplicity, transparency, and convenience for managing syndicated loans.
Developed by Standard Bank Investment Banking, Reach automates numerous tasks, enhances communication, and provides step-by-step guidance throughout the syndicated loan process. This cloud-based platform delivers a comprehensive 360-degree view of loan information, including portfolio summaries, loan types, commitments, drawdown history, facility details, interest rates, and more.
“With Reach, we are setting a new standard in the syndicated loan market,” said Kelly-Ann Myles, Head of Agency at Standard Bank. “Our platform’s ability to centralise and digitise loan data enhances efficiency, reduces error rates, and provides our clients with immediate access to vital loan information.”
