Top stories
RetailCEM Africa Summit 2025: Leading the future of customer experience with AI innovation
CEM Africa 18 Jun 2025
More news
Marketing & Media
#Cannes2025: The Glass Lion for Change shortlist revealed
Danette Breitenbach 5 Jun 2025
Subscribe & Follow
Advertise your job vacancies
Standard Bank granted Angola banking licence
JOHANNESBURG: Standard Bank has been granted a banking licence in Angola. It plans to start operating as a full-service bank in Angola by mid-2010. The banking licence was granted by the Angolan Council of Ministers at the weekend. Standard Bank has been waiting for a banking licence since May 2008.
Says Clive Tasker, chief executive, Standard Bank Africa: “Angola is an extremely important market for Standard Bank. It offers a great many exciting opportunities in a number of crucial industries, including oil and gas, mining, agriculture and general commerce.”
He said Standard Bank planned to open a full service bank in Angola with an emphasis on corporate and investment banking. “We plan to be up and running by the middle of 2010.”
