Standard Bank, a prominent name in the South African banking sector, stands as a testament to enduring financial service and innovation in the region. This article explores the rich history of Standard Bank, its current financial standing including share price and earnings, and provides insights into its expansive presence, particularly focusing on its branches in the Cape Flats area.
History of Standard Bank
Standard Bank’s roots trace back to 1862, making it one of the oldest banking institutions in South Africa. Founded in London as the Standard Bank of British South Africa, its initial focus was on financing the development of the diamond fields in Kimberley. In 1962, the bank merged with the Commercial Bank of South Africa, and the name was shortened to Standard Bank. This merger marked a significant expansion of its African footprint.
Over the years, Standard Bank has played a pivotal role in the economic development of South Africa. It has weathered various economic upheavals, reflecting its resilience and commitment to serving the evolving needs of its customers. Today, Standard Bank operates across multiple African countries, holding a significant position in the South African banking landscape.
Share Price and Company Earnings
As a publicly-traded company on the Johannesburg Stock Exchange (JSE), Standard Bank’s share price is a barometer of its financial health and investor confidence. The bank’s share price fluctuates based on various factors, including economic conditions, market trends, and its own operational performance.
In terms of earnings, Standard Bank has consistently shown robust financial results, underpinned by strong capital and liquidity positions. Its earnings are a mix of interest income from loans and advances, fees and commissions from various banking services, and returns from its investment portfolio. The bank’s annual reports provide detailed insights into its financial performance, offering transparency to investors and stakeholders.
Find your Nearest Bank
List of Standard Bank Branches
The Cape Flats area, known for its vibrant communities, is well-served by Standard Bank with several branches. These branches offer a full range of banking services, including personal and business banking, loans, and investment advice. Some of the notable branches in the Cape Flats include:
Mitchells Plain Standard Bank – Liberty Promenade Mall
Telephone Number: You can contact the branch at 021 377 4000, 086 010 1341, or 0860 123 000. There’s also a fax number available: +27 21 392 8524
Location: Corner AZ Berman Drive and Morgenster Roads, Mitchells Plain, 7785, South Africa
Operating Hours:
Monday: 09:00 AM – 06:00 PM
Tuesday: 09:00 AM – 06:00 PM
Friday: 09:00 AM – 07:00 PM
Saturday: 09:00 AM – 05:00 PM
Standard Bank Wynberg Service Centre
Telephone Number: 0860 123 000
Location: 93 Main Road, Wynberg, Cape Town, 7800, South Africa
Operating Hours:
Monday: 09:00 – 15:30
Tuesday: 09:00 – 15:30
Wednesday: 09:00 – 15:30
Thursday: 09:00 – 15:30
Friday: 09:00 – 15:30
Saturday: 08:30 – 11:00
Sunday: Closed
Dreyersdal Branch
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00,
Sun: Closed
Claremont Branch
Telephone Number: +27 86 01 23 000
Location: 4 Dreyer Street, Claremont, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Claremont II Branch
Telephone Number: +27 86 01 23 000
Location: Corner Chichester and Doncaster Road, Claremont, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Rondebosch Branch
Telephone Number: +27 86 01 23 000
Location: Corner Belmont and Main Roads, Rondebosch, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Hans Strydom Branch
Telephone Number: +27 86 01 23 000
Location: Corner Hans Strydom and Long Street, Hans Strydom, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Silverhurst Branch
Telephone Number: +27 86 01 23 000
Location: Off Main Road, Silverhurst, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
BridgeTown Branch
Telephone Number: +27 86 01 23 000
Location: Corner N2 Freeway and Vanguard Drive, BridgeTown, Cape Town, Western Cape
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Gardens Shopping Centre Branch
Telephone Number: 086 010 1341
Location: Gardens Shopping Centre, Cape Town
Operating Hours: Mon – Fri 9:00 – 15:30, Sat 8:30 – 11:00, Sun: Closed
Canal Walk Branch
Telephone Number: 086 010 1341
Location: Canal Walk, Cape Town
Operating Hours: Mon – Fri 9:00 – 15:30, Sat 8:30 – 11:00, Sun: Closed
Kenilworth Centre Branch
Telephone Number: 086 010 1341
Location: Kenilworth Centre, Cape Town
Operating Hours: Mon – Fri 9:00 – 15:30, Sat 8:30 – 11:00, Sun: Closed
Standard Bank Khayelitsha Service Centre
Telephone Number: (086) 010-1341 or (011) 299-4301
Location: Shop 51 and 52 KBD Shopping Centre, adjacent to Khayelitsha Railway Station, Khayelitsha, Western Cape city, South Africa
Operating Hours:
Mon – Fri 9:00 – 15:30
Sat 8:30 – 11:00
Sun: Closed
Standard Bank Gugulethu Service Centre
Telephone Number: 021 638 0430
Location: Gugulethu Square Mall, Steve Biko St, Guguletu, Heideveld, 7750
Operating Hours:
Monday to Friday: 09:00 – 15:30
Saturday: 08:30 – 11:00
Sunday: Closed
Standard Bank Tyger Valley Branch
Telephone Number: (021) 980-4400
Location: Shop 521, Tyger Valley Shopping Centre, Bellville, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00 Sat 9:00 – 12:00 Sun: Closed
Standard Bank Westville Branch
Telephone Number: (031) 251-3100
Location: Shop 202, Westville Mall, Westville, Durban, KwaZulu-Natal, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Cresta Branch
Telephone Number: (011) 476-7740
Location: Shop U13, Cresta Shopping Centre, Cresta, Randburg, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Hatfield Branch
Telephone Number: (012) 362-4390
Location: Shop 49, Hatfield Plaza, Hatfield, Pretoria, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Cavendish Square Branch
Telephone Number: (021) 670-4400
Location: Shop L31, Cavendish Square, Claremont, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Greenstone Mall Branch
Telephone Number: (011) 663-7400
Location: Shop L101, Greenstone Mall, Greenstone Hill, Edenvale, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Woodmead Retail Park Branch
Telephone Number: (011) 802-2610
Location: Shop 26, Woodmead Retail Park, Woodmead, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Pavilion Shopping Centre Branch
Telephone Number: (031) 265-0280
Location: Shop 213, The Pavilion Shopping Centre, Westville, Durban, KwaZulu-Natal, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Century City Branch
Telephone Number: (021) 529-0100
Location: Shop G108, Canal Walk Shopping Centre, Century City, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Liberty Midlands Mall Branch
Telephone Number: (033) 341-9300
Location: Shop 119, Liberty Midlands Mall, Pietermaritzburg, KwaZulu-Natal, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Sandton City Branch
Telephone Number: (011) 282-8000
Location: Shop L47, Sandton City, Sandton, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Rosebank Branch
Telephone Number: (011) 283-1570
Location: The Zone @ Rosebank, Oxford Road, Rosebank, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Canal Walk Branch
Telephone Number: (021) 529-2470
Location: Shop 537, Canal Walk Shopping Centre, Century City, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Menlyn Maine Branch
Telephone Number: (012) 368-1700
Location: Shop 122, Menlyn Park Shopping Centre, Menlyn, Pretoria, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Gateway Theatre of Shopping Branch
Telephone Number: (031) 566-1500
Location: Shop G240, Gateway Theatre of Shopping, Umhlanga Ridge, Durban, KwaZulu-Natal, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Eastgate Branch
Telephone Number: (011) 479-4710
Location: Shop L49, Eastgate Shopping Centre, Bedfordview, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank Cape Town CBD Branch
Telephone Number: (021) 401-2100
Location: 1 Thibault Square, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Clearwater Mall Branch
Telephone Number: (011) 288-6600
Location: Shop LM059, Clearwater Mall, Roodepoort, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Standard Bank N1 City Branch
Telephone Number: (021) 595-4400
Location: Shop 34, N1 City Mall, Goodwood, Cape Town, Western Cape, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 12:00
Sun: Closed
Standard Bank Fourways Mall Branch
Telephone Number: (011) 317-8400
Location: Shop U63, Fourways Mall, Fourways, Johannesburg, Gauteng, South Africa
Operating Hours:
Mon – Fri 9:00 – 16:00
Sat 9:00 – 13:00
Sun: Closed
Conclusion
Standard Bank’s journey from a colonial-era bank to a modern, leading African financial institution is a narrative of growth, resilience, and adaptation. Its robust financial performance, widespread branch network, and commitment to serving diverse communities across South Africa, particularly in areas like the Cape Flats, underscore its pivotal role in the country’s banking sector. As Standard Bank continues to evolve, it remains a key player in driving economic growth and financial inclusivity in South Africa.
