Overview
Description
Standard Bank Group Ltd. Sponsored ADR represents shares in Standard Bank Group Limited, a leading financial services organization headquartered in Johannesburg, South Africa. Primarily operating across Africa, this bank provides a wide array of financial products and services including personal and business banking, corporate and investment banking, wealth and insurance solutions. The ADR (American Depositary Receipt) allows U.S. investors to gain exposure to Standard Bank's equity without directly purchasing shares on foreign exchanges, facilitating international ownership by simplifying transactions and adhering to U.S. trading regulations. As an issuer of ADRs, it plays a significant role in connecting investors to emerging markets, specifically within the African continent, promoting diversified investment opportunities.
About
CEO
Mr. Simpiwe Kenneth Tshabalala AMP, B.A., HDip Tax, L.L.B., L.L.M.
Employees
50488
Address
Standard Bank Centre
9th Floor 5 Simmonds Street
Johannesburg, 2001
9th Floor 5 Simmonds Street
Johannesburg, 2001
Phone
27 11 636 1061
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
Germany
MIC code
XDUS