Kampala, Uganda | THE INDEPENDENT | Standard Bank has been ranked as the most valuable banking brand in Africa in 2024. This is the third consecutive year that Standard Bank has been ranked first in Africa Brand Finance’s annual ranking of the world’s Top 500 Banking Brands.
The bank also increased its brand value by 12.4% in the last year to reach over $1.9 billion US dollars. This places Standard Bank as first in Africa and 138th in the world, up 7 places from 145th in 2023.
Every year, Brand Finance assesses 5 000 of the biggest brands across the world, and publishes nearly 100 reports, ranking brands across many sectors. The world’s top 500 most valuable and strongest banking brands are included in the annual Brand Finance Banking 500 ranking.
Sim Tshabalala, Standard Bank Group Chief Executive says: “We are honored to receive this accolade, which affirms our commitments to providing consistently excellent service for our clients and to driving Africa’s growth”.
The Standard Bank Group, also trading as Stanbic Bank in other markets, is the continent’s largest financial services provider by assets and has a brand presence in 20 African countries and 6 international centres.
