Standard Bank Shines , Named Among World Best Companies

Standard Bank Group, the parent company of Stanbic Uganda, has been acknowledged as one of Time Magazine s World s Best Companies and Newsweek s World s Most Trustworthy Companies. These prestigious accolades from renowned global news magazines highlight the company s commitment to delivering excellent services for clients in Africa and beyond. The recognition is based on a comprehensive analysis of top-performing companies worldwide, considering factors such as employee satisfaction, revenue growth, environmental protection, social responsibility, and corporate governance (ESG). Newsweek s survey reviewed businesses across 23 industries in 20 countries, focusing on publicly listed companies with revenues exceeding USD $500 million. Sim Tshabalala, Group Chief Executive for Standard Bank Group, emphasized the importance of trust in their business and their dedication to earning the trust of clients, investors, and communities. The company, headquartered in Johannesburg, South Africa, operates in 20 African countries, 4 global financial centers, and 2 offshore hubs. With a history of 161 years in South Africa and a franchise expansion in the early 1990s, Standard Bank Group has 19.5 million clients, 51,000 employees, and almost 1,200 points of representation and 5,500 ATMs across Africa. Francis Karhuhanga, Chief Executive of Stanbic Uganda Holdings Limited, expressed pride in the association with the global recognition of Standard Bank Group. He attributed the honor to the longstanding trust of customers and shareholders, which drives the company s commitment to Uganda s growth. In summary, Standard Bank Group s recognition as one of Time Magazine s World s Best Companies and Newsweek s World s Most Trustworthy Companies underscores the company s dedication to excellent service, trust, and growth in Africa and beyond.

Source: theinsider.ug
Published on 2024-09-17