South Africa · Financial institution
The Standard Bank of South Africa Limited
The Standard Bank of South Africa Limited (SBSA) is a bank incorporated in South Africa, with its registered office in Johannesburg. It is a wholly owned subsidiary of Standard Bank Group Limited, which is listed on the JSE. The bank provides personal, private, business, commercial, corporate and investment banking in South Africa, and also sells insurance and asset management products. According to its 2025 annual report, it is the group's largest operating subsidiary.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SBZAZAJJXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SBZAZAJJ directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 9 branch codes
- BIC first registered
- 1982-09-06
- Last updated
- 2025-06-18
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Standard Bank Group Limited
Institution type
Universal bank
Trades as Standard Bank
- Ownership
- Standard Bank Group Limited holds 100% of the bank's ordinary shares. Industrial and Commercial Bank of China holds 19.7% of the listed parent.
- Direct parent
- Standard Bank Group Limited ↗, South Africa 100%
- Head office
- 9th Floor, Standard Bank Centre, 5 Simmonds Street, 2001 Johannesburg, South Africa
- Company register
- 1962/000738/06 (Companies and Intellectual Property Commission, South Africa)
Business lines
The bank operates through Corporate and Investment Banking, Business and Commercial Banking and Personal and Private Banking, alongside the group's Insurance and Asset Management business. According to its 2025 annual report, corporate and sovereign lending made up 43% of customer loans and home services 34%.
Online
- Websites & references
- standardbank.co.za ↗
standardbank.com ↗ Standard Bank Group corporate and investor relations site (parent)
corporateandinvestment.standardbank.com ↗ Corporate and Investment Banking site
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗ · WhatsApp ↗
Sources · 10 pages consulted
- standardbank.com/static_file/StandardBankGroup/filedownloads/RTS/2025/SBSA_AnnualReport2025.pdf
- standardbank.com/sbg/standard-bank-group/our-group/about-us/leadership
- standardbank.co.za/southafrica/news-and-media/newsroom/standard-bank-announces-internal-leadership-appointme
- standardbank.co.za/southafrica/news-and-media/newsroom/standard-bank-south-africa-resolves-regulatory-sancti
- standardbank.co.za/southafrica/news-and-media/newsroom/standard-bank-group-makes-senior-executive-appointmen
- standardbank.com/static_file/Investor%20Relations/Documents/Debt-investors/ZAR-Structured-Note-Programme/S
- listcorp.com/jse/sbk/standard-bank-group/news/availability-of-annual-financial-statements-3164434.html
- resbank.co.za/content/dam/sarb/publications/media-releases/2025/pa-sanctions/standard-bank/SBSA-sanctio
- standardbank.co.za/southafrica/business/products-and-services/bank-with-us/foreign-exchange/business-interna
- en.wikipedia.org/wiki/Standard_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
David Hodnett
Chief Executive and Executive Director, SBSA
- Chair
-
Nonkululeko Nyembezi
Independent Non-Executive Chairman, SBG and SBSA
- Chief financial officer
- Preshanta Govender Chief finance & value management officer
- Executive
-
Thabani Ndwandwe
Chief Risk Officer, SBG and SBSA
- Executive
-
Arno Daehnke
Chief Finance and Value Management Officer, Executive Director, SBG and SBSA
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- South Africa
- Prudential Authority (South African Reserve Bank) Prudential supervisorAML supervisor
- South Africa
- South African Reserve Bank Central bankResolutionForeign exchange
- South Africa
- Financial Sector Conduct Authority Conduct
- South Africa
- National Credit Regulator Conduct
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Leadership
David Hodnett, previously Group Chief Risk Officer, took office as Chief Executive of the bank on 10 October 2025.
standardbank.co.za ↗ -
Leadership
Chief Executive Kenny Fihla resigned from the group and served his notice period until 13 June 2025.
standardbank.com ↗ -
Enforcement
The Prudential Authority fined the bank ZAR 13 million and issued six cautions for non-compliance with the Financial Intelligence Centre Act.
standardbank.co.za ↗ -
Leadership
The group appointed Kenny Fihla as Chief Executive of the bank with effect from 1 September 2024, with Prudential Authority approval.
standardbank.co.za ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SBZAZAJJXXX
- How the BIC breaks down
- SBZABank
- ZACountry · South Africa
- JJLocation
- XXXBranch · head office
- Branch description
- HEAD OFFICE AND ALL SOUTH AFRICAN OFFICES
- LEI
- QFC8ZCW3Q5PRXU1XTM60
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- South Africa · Sub-Saharan Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Standard Bank Group Limited · South Africa2549003PEZXUT7MDBU41 ↗
The Standard Bank Group Limited group has 26 institutions in the directory, in 21 countries: all hold a BIC.
Including Standard Bank Namibia Limited, Melville Douglas Investment Manage- Ment (Pty) LTD, Sbg Securities (Pty) Limited, Stanbic Bank, Stanbic Bank Botswana Limited.
See the Standard Bank Group Limited group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- THE STANDARD BANK CENTRE 5 SIMMONDS STREET, FLOOR 9 JOHANNESBURG 2000 SOUTH AFRICA
- Operational address
- STANDARD BANK CENTRE FLOOR 9 5 SIMMONDS STREET JOHANNESBURG JOHANNESBURG 2000 POB 8288 SOUTH AFRICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SBZAZAJJXXX</BICFI>
<LEI>QFC8ZCW3Q5PRXU1XTM60</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SBZAZAJJXXX</BICFI>
<LEI>QFC8ZCW3Q5PRXU1XTM60</LEI>
<Nm>THE STANDARD BANK OF SOUTH AFRICA LIMITED</Nm>
<PstlAdr>
<TwnNm>JOHANNESBURG</TwnNm>
<Ctry>ZA</Ctry>
<AdrLine>THE STANDARD BANK CENTRE 5 SIMMONDS STREET, FLOOR 9 JOHANNESBURG 2000</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 9 branch BICs connect to the head office, spread across 3 functions. Largest: Securities & custody (3), Clearing & payments (2), Treasury & markets (1). 26 other banks publish 26 accounts held with this bank.
All 9 branch BICs connect to the head office. Most were registered in 2004 (2 BICs) and 2011 (2). 26 other banks publish 26 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
26 other banks publish 26 accounts held with this bank, in 2 currencies.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| ZAR | Banco Bpm SPA Italy | SBZAZAJJ | 7223325 | CP and FX | gruppo.bancobpm.it ↗ dated Aug 2025 |
| ZAR | Bayerische Landesbank, Muenchen Germany | SBZAZAJJ | 7552832 | commercial payments | bayernlb.de ↗ dated 9 Feb 2026 |
| ZAR | Ceska Sporitelna A.S. Czechia | SBZAZAJJ | — | — | cdn.erstegroup.com ↗ dated Sep 2020 |
| BWP | Clearstream Banking S.A. Luxembourg | SBZAZAJJXXX | 090422210 | — | clearstream.com ↗ dated 1 Jul 2026 |
| ZAR | Deutsche Bank AG Germany | SBZAZAJJ | 7552560 | FX and FX options cash | corporates.db.com ↗ dated 13 Jul 2026 |
| ZAR | DNB Bank ASA Norway | SBZAZAJJ | 7556221 | — | content.dnb.no ↗ dated 2 Feb 2026 |
| ZAR | E. Sun Commercial Bank Limited Taiwan | SBZAZAJJ | — | general payments | esunbank.com ↗ |
| ZAR | First Commercial Bank., LTD Taiwan | SBZAZAJJ | — | inward remittances (SSI) | firstbank.com.tw ↗ dated Apr 2025 |
| ZAR | Kgi Bank CO., Ltd. Taiwan | SBZAZAJJ | — | — | kgibank.com.tw ↗ |
| ZAR | Mashreqbank Psc. United Arab Emirates | SBZAZAJJXXX | — | standard settlement instruction | mashreq.com ↗ |
| ZAR | Mizuho Bank, Ltd. Japan | SBZAZAJJXXX | 7226456 | Treasury transactions (FX, money market and derivatives), Singapore Branch | cdn.prod.website-files.com ↗ dated 1 Sep 2025 |
| ZAR | National Bank of Fujairah United Arab Emirates | SBZAZAJJ | 7222687 | FX/MM/Derivatives/Commercial | nbf.ae ↗ dated Oct 2025 |
| ZAR | O-Bank Co.,ltd. Taiwan | SBZAZAJJ | — | inward foreign-currency remittances | o-bank.com ↗ dated May 2024 |
| ZAR | Op Corporate Bank PLC Finland | SBZAZAJJ | — | receipt of cover for commercial payments | op.fi ↗ dated May 2024 |
| ZAR | Taishin International Bank Co.,ltd. Taiwan | SBZAZAJJ | — | Hong Kong branch settlement | taishinbank.com.tw ↗ |
| ZAR | Taiwan Cooperative Bank LTD Taiwan | SBZAZAJJ | 7221831 | Main SSI for FX and money market | tcb-bank.com.tw ↗ dated 17 Nov 2022 |
| ZAR | Tatra Bank Slovakia | SBZAZAJJ | — | commercial transactions | tatrabanka.sk ↗ dated 1 May 2023 |
| ZAR | The Bank of Nova Scotia Canada | SBZAZAJJ | — | FX, money market and commercial payments | scotiabank.com ↗ dated 10 Jul 2007 |
| ZAR | The Commercial Bank (P.S.Q.C) Qatar | SBZAZAJJ | 7221552 | settlement (SSI) | cbq.com.qa ↗ |
| ZAR | The Royal Bank of Scotland International Limited Jersey | SBZAZAJJ | — | Standard settlement institution for cover of direct MT103 payments | pdf4pro.com ↗ |
| ZAR | U.S. Bank National Association United States | SBZAZAJJ | 755-598-7 | FX settlement | usbank.com ↗ |
| ZAR | Unicredit Bank GMBH Germany | SBZAZAJJ | 7552490 | FX, money market and derivatives settlement | hypovereinsbank.de ↗ dated 6 Jan 2026 |
| ZAR | Union Bank of Taiwan Taiwan | SBZAZAJJ | 7223851 | — | web.ubot.com.tw ↗ |
| ZAR | Yes Bank Limited India | SBZAZAJJ | 7222562 | — | goonj.org ↗ dated May 2018 |
| ZAR | Yuanta Commercial Bank CO., Ltd. Taiwan | SBZAZAJJ | — | inward remittances (SSI) | yuantabank.com.tw ↗ dated Mar 2026 |
| ZAR | Zuercher Kantonalbank Switzerland | SBZAZAJJ | — | CLS non-eligible FX, MM, fiduciaries, precious metals, bank notes, derivative transactions & securities, and related payments | zkb.ch ↗ dated 12 Jan 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| SBZAZAJJAFR | AFRICA CUSTODY NETWORK | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJATG | — | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJBOL | CASH REPORTING | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJCLS | CONTINUOUS LINK SETTLEMENT | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJCNR | — | Johannesburg | STANDARD BANK CENTRE FLOOR 5 25 SAUER STREET JOHANNESBURG JOHANNESBURG 2001 POB 8288 SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJFSL | SECURITIES LENDING | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJPLM | PAN AFRICAN LIQUIDITY MANAGEMENT | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJSAL | — | Johannesburg | JOHANNESBURG JOHANNESBURG SOUTH AFRICA | — | 2025-06-18 |
| SBZAZAJJSCM | DIS BONDS | Johannesburg | STANDARD BANK CENTRE FLOOR 5 25 SAUER STREET JOHANNESBURG JOHANNESBURG 2001 POB 8288 SOUTH AFRICA | — | 2025-06-18 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: standardbank.co.za (official website) · original; David Hodnett: standardbank.com (official website) · original; Nonkululeko Nyembezi: standardbank.com (official website) · original; Thabani Ndwandwe: standardbank.com (official website) · original; Arno Daehnke: standardbank.com (official website) · original.
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