Standard Bank rejigs strategy to tap $1-trillion value pool
We don’t want to be the shop; we want to be the mall, says CEO Sim Tshabalala
22 August 2021 - 16:00
Standard Bank says it has identified “pools of value” worth a collective $1-trillion that it wants to tap into as part of a broader strategic shift aimed at growing its revenue 7%-9% a year until 2025.
That ambitious revenue target forms part of a strategic overhaul, the Standard Bank Group 2025 Ambition, which includes a reorganisation of its internal business units, as it seeks to become an integrated financial services destination for clients across Africa...
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