Media releases > Media releases 2007 Media releases 2007 Archive Media relations Media releases 2010 Media releases 2009 Media releases 2008   Date Release title and summary 20 December 2007 Standard Bank appoints Macozoma as deputy chairman Sakumzi (Saki) Macozoma has been appointed as deputy chairman of the board of directors of the Standard Bank Group Limited with effect from 30 November 2007. 19 December 2007 Standard Bank Asia signs $500m term loan facility Standard Bank Asia Limited has signed a $500million transferable term loan facility with a group of 19 international banks. 12 December 2007 Standard Bank wins 'Emerging Markets Deal of the Year' award Standard Bank's position as one of the world's leading emerging markets banks has been acknowledged for the second time, with its corporate and investment banking arm winning the 'Emerging Markets Deal of the Year' award in Credit Magazine's annual awards. 10 December 2007 Standard Bank provides R2.4 billion securitisation loan for Charter partners. Standard Bank has concluded a R2.4 billion home loan securitisation issue to assist three financial institutions with meeting their Financial Sector Charter (FSC) obligations. This is a first for the South African market. 03 December 2007 Overwhelming vote of confidence for ICBC deal About 95% of our shareholders voted in favour of the Industrial and Commercial Bank of China (ICBC) becoming a 20% shareholder in Standard Bank. 29 November 2007 Standard Bank wins big in The Banker awards Standard Bank's position as one of the world's leading emerging markets banks was endorsed last night with the company winning eight awards, including the prestigious 'Emerging Markets Bank of the Year', in The Banker Awards of 2007. 22 November 2007 Standard Bank Pro20 Cricket: an award winning sponsorship Standard Bank scooped South Africa's top sponsorship prize at the 2007 Sunday Times/Business Times Marketing Excellence Awards. 21 November 2007 Standard Bank teams dominate sporting weekend ahead Four Standard Bank sponsored teams are set to keep sports fans entertained over three days this weekend. 19 November 2007 Standard Bank annual pricing adjustment Monthly inactive fees for the Marketlink account have been discontinued and many of the fees in the foreign exchange space remain unchanged. 16 November 2007 Shoppers wise-up during the festive season Standard Bank warns the public to be more careful when banking and shopping during the festive season due to increased in criminal activities over this period. 30 October 2007 South Africa's great ODI victory Standard Bank congratulates the South African one-day international team on one of the greatest victories in the history of South African cricket. 25 October 2007 Standard Bank in partnership deal with world's largest bank Standard Bank has announced a major strategic partnership with Industrial and Commercial Bank of China Limited (ICBC), the world's largest bank by market capitalisation, in terms of which ICBC will become a 20% shareholder in Standard Bank Group. 23 October 2007 Standard Bank Offshore launches innovative structured growth solution Standard Bank Offshore has launched a unique "look back" feature in its latest tranche of structured growth solutions. The Global Portfolio Picker III allows investors to track three diversified portfolios to receive enhanced returns based on the potential performance of the best of the three portfolios, over a four–and–a–half–year investment period. 3 October 2007 Standard Bank puts together US$2 billion loan for MTN The MTN Group and Standard Bank have announced a US$2 billion loan which Standard Bank has arranged for the funding MTN Nigeria's network infrastructure expansion. 18 September 2007 Standard Bank staffer rewarded a million for reporting fraud Irene Bopape of Private Banking in Sandton has become the latest Standard Bank staff member to be recognised for her contributions to combating fraud. Irene has won R1–million after she identified a series of cloned cheques that were being cashed. 18 September 2007 Standard Bank celebrates 10 years in Russia Standard Bank has just celebrated 10 years of business in Russia. 13 September 2007 Multi–million dollar boost for franchise cricket Cricket South Africa's six franchises will get the chance to compete for a $2–million first prize in a new Twenty20 Champions League international tournament which will begin next year. 13 September 2007 Standard Bank voted top trade services bank in sub–Saharan Africa Standard Bank has been voted the leading trade services bank in sub–Saharan Africa. 3 September 2007 Property dips sharply to single digits The median house price declined relatively sharply to 5.7% y/y August from 10.4% y/y in July according to Standard Bank?s Residential Property Gauge for August. 31 August 2007 A new name in Turkey Our latest acquisition brings a new name to banking in Turkey: Standard Ünlü. 31 August 2007 Standard Bank announces regional sponsorship rights for ICC World Twenty20 Standard Bank will be a regional partner to the inaugural ICC World Twenty20 which is to be held in South Africa from 11 to 24 September 2007. 15 August 2007 Standard Bank delivers strong results across all operations Standard Bank Group delivered strong results across all its operations in the first six months of 2007, but expects operating conditions to be more challenging in the second half of the year. 08 August 2007 Jozibond for man–on–the–street The City of Johannesburg has launched 2–, 3– and 5–year retail bonds, called Jozibond, and Standard Bank has been key to bringing these to the market. Standard Bank assisted the city as sole advisor and arranger of the retail bond issue. 07 August 2007 Standard Bank takes online banking into Africa Following excellent penetration of its online banking offering in South Africa, Standard Bank is introducing online banking to five other African countries over the next two months and another four by the end of the year. 01 August 2007 Standard Bank raises inaugural $355 million tier 2 capital from US investors The Standard Bank of South Africa Limited has privately placed $355 million sub–ordinated notes with US institutional investors. These notes qualify as regulatory tier 2 capital and were issued in terms of the bank's capital management programme. 24 July 2007 Marlene Dumas: Intimate Relations Standard Bank and Iziko South African National Gallery will be hosting the first solo exhibition in South Africa by Marlene Dumas, the internationally acclaimed contemporary South African–born artist. 04 July 2007 Stanbic sets pace to roll out new currency Our customers had the privilege to be the first to be served the new Ghana cedi through the bank’s Automated Teller Machine (ATM). 12 July 2007 Standard Bank honoured in Euromoney Awards for Excellence Standard Bank has been chosen as the Best Bank in South Africa for the second consecutive year in the Euromoney Awards for Excellence, regarded as the most respected awards in the financial services industry. 9 July 2007 Latest reaction to the Competition Commission While Standard Bank supports measures to increase comparability between banking products, we do not support the prospect of a simplified basic banking product that has easily identifiable features generic across all the banks. 9 July 2007 Khula and Standard Bank improve access to SME finance A partnership between Khula Enterprise Finance and Standard Bank will go a long way in helping aspiring entrepreneurs access much–needed funding for their businesses. 26 June 2007 Ad sets the record straight on bank charges report A Standard Bank print advert in print media on Wednesday, 27 June, dismisses claims by a Capgemini report that our banking charges are higher than international norms. The report is a review of international banking costs undertaken by Capgemini, an international management consulting group. 25 June 2007 Standard Bank refutes Capgemini finding on bank charges Standard Bank strongly refutes the findings of a Capgemini survey that claims that South Africans pay more than double the international average on a current account. In fact Standard Bank customers pay almost half of the amount quoted in the report. 13 June 2007 Innibos a treat for all Pure South African talents hit the stages at the Innibos 2007 festival in Nelspruit, Mpumalanga, from 27 June to 1 July 2007. Standard Bank, as a sponsor of the arts, has been backing this festival financially since it was first put on in 2005. 5 June 2007 Feast of theatre firsts at the National Arts Festival, Grahamstown Nine theatre productions make their South African stage d?buts at the National Arts Festival (Grahamstown 28 June to 7 July). Out of a total listing of twelve shows on the Main Theatre programme, this sets a new benchmark. 5 June 2007 Arts sponsorship recognised Standard Bank has won the International Sponsorship category of the 2006 Business Day/Business and Arts South Africa (Basa) awards for the "Picasso in Africa" exhibitions and events 4 June 2007 Standard Bank wins International Award for Instant Debit Card Pack Standard Bank's instant debit card issue pack was selected as the winner of the Customer Facing Project of the Year for the Financial Times' Annual Banker Awards. 25 May 2007 Looking for pension fund members Standard Bank of Bophuthatswana Pension Fund and Standard Bank Financial Consultancy Pension Fund administrators are looking for new contact details of some former members. 24 May 2007 Eyethu Fun Day in Bramfischerville, Soweto Bramfisherville community in Soweto will be hosting a family fun day on 2 June thanks to the support of Standard Bank and its subsidiaries Liberty Life, StanLib and Diners Club. 22 May 2007 Kaizer Jr dominates at glittering awards Amakhosi striker Kaizer Motaung Junior was the kingpin on Monday evening as he picked up five awards as well as three players of the month awards at the Standard Bank sponsored annual Kaizer Chiefs Players' Awards ceremony. 21 May 2007 Ramphele resigns from Standard Bank boards Dr Mamphela Ramphele has resigned with immediate effect from the boards of Standard Bank Group Ltd and The Standard Bank of South Africa Ltd due to a potential conflict of interest that has arisen. 14 May 2007 Commercial vehicles spinning the wheels of prosperity Since 2002, the number of new commercial vehicles sold in South Africa has grown by 87% – an indicator of the country’s great economic growth. 11 May 2007 South African Cricket Awards 2007 Congratulations to these South African cricketers awarded for their performances in the 2006/7 season. 4 May 2007 Slowdown in house prices House price growth has been slowing since mid–2006, curtailed by higher interest rates and loss of momentum in the absence of fresh stimuli, says Elna Moolman, Standard Bank's senior economist. 4 May 2007 Standard Bank to launch 'chip and PIN' credit cards Standard Bank will be adding "chip and PIN" cards to its range of credit cards from June. All credit cards embedded with this technology will require a PIN to transact at a point–of–sale. 22 April 2007 Vehicle finance still on the road at Standard Bank Standard Bank’s vehicle finance service is not affected by current delays in registration of new and used vehicles being caused by a new system (eNatis) put in place by the South Africa Department of Transport on 17 April 2007. 16 April 2007 Proteas in the semis We're behind the South African national team playing in the World Cup. 03 April 2007 Slump in USA's housing market unlikely to impact in South Africa South Africa's median house price rose marginally in March to R580 000 from R570 000 in February, recording a 1.8% month–on–month growth. Year–on–year growth was a modest 8.4% from 8.6% in February. 03 April 2007 Standard Bank Argentina deal finalised Standard Bank opens for business in Argentina today with the finalisation of its BankBoston Argentina buy. The operation is now known as Standard Bank Argentina and broadens Standard Bank?s footprint in the South American market. 28 March 2007 Standard Bank named best bank in South Africa Standard Bank has been named the Best Bank in South Africa by the international publication, Global Finance. 28 March 2007 Standard Bank warns of an increase in online attacks Fraudsters have launched a new sophisticated phishing attack on Internet banking customers. 26 March 2007 Standard Bank concludes 233m euro international residential mortgage backed securitisation Standard Bank has concluded its first international residential mortgage backed securitisation with the placement of a €233 million transaction with offshore investors. 19 March 2007 Pro20 final: Lions vs Cobras A brilliant season of Standard Bank Pro20 cricket comes to a close with the Nashua Cape Cobras facing Highveld Lions at Liberty Life Wanderers Stadium, Johannesburg, on 23 March. 19 March 2007 Standard Bank salutes Proteas' record–breaking performances The South African national cricket squad went all out at their ICC Cricket World Cup 2007 debut match on 16 March against The Netherlands. They smashed a few records. 13 March 2007 Standard Bank invests in the future of Africa Standard Bank has committed US$2.5 million to the Investment Climate Facility for Africa, an organisation dedicated to improving the investment climate in Africa and promoting sound governance. 12 March 2007 Standard Bank brings Cricket World Cup to your cellphone Standard Bank is bringing the Cricket World Cup within easy reach for cricket enthusiasts wanting immediate access to World Cup information. 07 March 2007 Usury Act maxima lending rates increase The Usury Act maxima lending rates increased on 7 March 2007. 07 March 2007 Standard Bank Group beats financial targets Standard Bank Group achieved another year of strong financial performance, a year in which all targets were met. Headline earnings per share grew 19% to 837,4 cents per share and return on equity was 27.1%. On a normalised basis, headline earnings per share grew 20% and a return on equity of 25.2% was achieved. 01 March 2007 Increased household debt puts brakes on house prices The median house price in South Africa of R570 000 in January remained unchanged in February (a zero percentage month–on–month growth). 21 February 2007 South Africans urged to save Senior Economist at Standard Bank Elna Moolman says South Africa needs to raise its savings in order to reduce the reliance on foreign capital inflows. 06 February 2007 Edu–Loan concludes BEE deal with Standard Bank and Circle Capital Ventures Standard Bank is to sell its 45% stake in Edu–Loan in a black economic empowerment deal with Circle Capital Ventures, a black owned investment company, that will see the creation of a new company. 06 February 2007 A new Internet banking experience Standard Bank has launched its improved Internet banking site based on latest user preferences. 02 February 2007 Standard Bank says slowdown in house prices is inevitable A slowdown in the South African housing market is inevitable due to waning investor appetite for buy–to–let residential properties, together with constrained demand and finances from owner–occupants. 30 January 2007 Standard Bank in on Gautrain project Standard Bank has been appointed joint lead arranger and underwriter of the debt funding to the Gautrain Rapid Rail Link Project, the biggest ever public–private partnership in Africa. 29 January 2007 Standard Bank refunds ATM customers Services to a substantial portion of Standard Bank's ATM network was disrupted on 26 January 2007 as a result of a hardware problem. Standard Bank customers who chose to use another bank's ATM on that day will be refunded the full fee charged for using another bank's ATM. 25 January 2007 Standard Bank eyes expansion in Kenya Standard Bank Group Limited is in negotiations that could result in a merger in Kenya between its subsidiary Stanbic Bank Kenya Limited and CFC Bank Limited and Standard Bank becoming the controlling shareholder in the combined operation. 25 January 2007 Stanbic Bank Uganda lists, shares 200% oversubscribed Stanbic Bank Uganda listed on the Ugandan Stock Exchange today with the largest initial public offer in the history of Uganda. 02 January 2007 Fees cut for online share trading Standard Financial Markets, the stockbroking arm of Standard Bank, has cut online share trading fees by more than 21%, making it the cheapest online stockbroker in South Africa.   Disclaimer | Conditions of access | Privacy and security statement