Overview

Standard Chartered Bank has operated for over 150 years and aims to be the world’s best international Bank. We are one of the world’s most international banks with over 1700 branches in 70 markets across the globe. We are the oldest financial institution in Zimbabwe having been established in 1892.

History

  • 1853 -Chartered Bank is incorporated in England by the Royal Charter.
  • 1862-Standard Bank is incorporated under the banner Standard Bank of British South Africa Limited.
  • 1892-Standard Bank established a pioneering presence in Zimbabwe (then Southern Rhodesia). The first 'branch' was located in a bell tent in Bulawayo.
  • 1901 -The bank expanded into Malawi
  • 1906-The bank expands operations to Zambia
  • 1911-Operations are extended to Kenya
  • 1962- Standard Bank of South Africa Limited was renamed The Standard Bank Limited, and transferred its South African business to a locally incorporated subsidiary which retained the former name.
  • Standard Bank of South Africa Limited lists on the Johannesburg Stock Exchange
  • 1965-Growth of the bank was boosted by the acquisition of the Bank of West Africa in 1965 with more than 90 branches in Nigeria, Ghana, Sierra Leone and Gambia
  • 1969-Standard Chartered Zimbabwe in its present form arose from a merger of Standard Bank and Chartered Bank in 1969.
  • 1983-In 1983, the bank was locally incorporated. Prior to that, Standard Chartered Bank Zimbabwe Limited operated as a branch. Two other group companies previously operated in Zimbabwe Standard Chartered Merchant Bank of Zimbabwe Limited and Standard Chartered Finance Zimbabwe Limited were registered as financial institutions. The former’s operations were absorbed into the commercial bank and the accepting house licence surrendered. The latter company was disposed off to the Zimbabwe Development Bank (ZDB).

Ownership

  • Standard Chartered Holdings ( Africa ) 88%
  • Standard Chartered Holdings (International) 3%
  • Standard Chartered Bank Plc UK 9%

Chairman: Mr. L.T. Manatsa
Chief Executive Officer: Mr. R. Watungwa
Auditors : KPMG Chartered Accountants
Number of employees: 582
Number of branches : 21

Awards of Excellence

  • Bank of the Year in Zimbabwe - The Banker (2012, 2013)
  • Best Foreign Bank in Zimbabwe - EMEA Finance (2012,2014,2016)
  • Best Emerging Markets Bank - Global Finance (2013,2014,2015,2016)
  • Best Bank in Zimbabwe -Banks and Banking Survey (2012,2013)
  • Best Consumer Digital Bank – Global Finance (2014,2015,2016)
  • Lifetime Investor Award, Financial Sector- Zimbabwe Investment Authority (2013)
  • 1st Runner Up, Investor of the year- Financial Sector- Zimbabwe Investment Authority (2014)

Head Office Address

1st Floor, AUSQ Building,
68 Nelson Mandela Ave,
Harare, Zimbabwe

Telephone: +263 - 4- 253801-7, 752864/8, 752852/9
Fax: +263 - 4- 758076
Telex: 22115 SCBHAR ZW 26090/26325

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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