Africa’s Biggest Bank Looks to Add 40% More Clients on Continent

Standard Bank Group Ltd. is aiming to grow its customer base by at least 10 million across the 20 African countries it operates in over the next four years.

Africa’s biggest lender is looking to add more digitally engaged customers, forge alliances with distribution partners and expand its product offering as it plots a recovery from the the Covid-19 pandemic. The 158-year-old firm expanded its geographical presence recently amid a sluggish period in South Africa, where it earns more than half its profits.