PROJECT

Projects

Summary of Investment Information

Project Number

52097

Company Name

STANDARD BANK GROUP LTD

Date SPI Disclosed

Jun 26, 2026

Country

South Africa

Region

Africa

Projected Board Date

May 21, 2026

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jun 27, 2026

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : May 21, 2026
Signed : Jun 22, 2026
Invested : Jun 26, 2026

Sector

Commercial Banking - Housing Finance

Project Description

The proposed project is an up to ZAR1.7 billion (approximately US$102 million) IFC anchor investment in Flac bonds issued by Standard Bank Group Limited (SBG), an existing IFC client. The proceeds of the IFC investment will be used by The Standard Bank South Africa Limited (SBSA or the Bank), a wholly owned subsidiary of SBG, to support SBSA’s home loan portfolio in the affordable housing segment of South Africa (the Project).                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation