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COVID-19 Update | IFA

Standard Bank is closely monitoring the events related to the Coronavirus pandemic and understand that there are many uncertainties and concerns.

In these challenging times, the health, safety and wellbeing of our colleagues and clients is our number one priority, and we been proactively reviewing and testing our business continuity protocols based on what we know today about the outbreak. At the same time, we will ensure that we deliver on our commitments to clients – providing a high-quality and stable service.

As a bank, we are adopting comprehensive precautionary measures, based on the business continuity plans and procedures, guidance from the World Health Organisation as well as global and local authorities. All our resources and planning are being directed towards ensuring that there are no disruptions to our services. This includes a focus on leveraging our digital capabilities and being more flexible as we service our clients.

The Bank continues to be well-positioned, with a strong balance sheet and sound liquidity profile. It undertakes extensive modelling to ensure continued financial stability, notwithstanding any material change in market conditions. For more information on the Standard Bank Financial performance, please see here.

We encourage you to review our digital offerings as an introducer of business, and for your clients who bank with us. Please do not hesitate to contact your Business Development Manager or our Contact Centre if you have any questions.