Standard Bank looks to fend off small business banking competitors
CEO of business and commercial banking targets the segment that eventually graduates to entrepreneur and commercial clients
07 June 2023 - 05:00
Standard Bank is looking to shore up its business offering for small businesses as it faces an onslaught of new banking competitors that are targeting small- to medium-sized enterprises (SMEs) as a key growth area.
Capitec, African Bank and TymeBank have all made acquisitions in recent years to develop their own SME-focused business banking units while Bank Zero is building its offering from the ground up by leveraging the decades of experience of co-founder Michael Jordaan, FNB’s former CEO...
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