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    • OUR APPROACH TO INTEGRATED THINKING
    • WHO WE ARE
    • OUR OPERATING CONTEXT
    • OUR GROUP STRATEGY
    • OUR VALUE CREATION MODEL
    • MEASURING OUR STRATEGIC PROGRESS
    • WHY INVEST IN US
  • Our performance
    • CHAIRMAN’S STATEMENT
    • GROUP CHIEF EXECUTIVE’S REPORT
    • OUR STRATEGIC VALUE DRIVERS
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    • OUR REPORTING SUITE
    • ABOUT THIS REPORT
    • GOVERNANCE OVERVIEW
    • REMUNERATION OVERVIEW
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    Annual integrated report 2018

    We are an African-focused, integrated financial services organisation.

    Banner
    Annual integrated report 2018

    We are an African-focused, integrated financial services organisation.

    Banner
    Annual integrated report 2018

    We are an African-focused, integrated financial services organisation.

    Banner
    Annual integrated report 2018

    We are an African-focused, integrated financial services organisation.

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    Online report

    Our online integrated report provides a holistic and material assessment of Standard Bank Group’s ability to create value in the short, medium and long term.

    KEY FINANCIAL RESULTS 2018
    GROUP HEADLINE EARNINGS
    R27.9
    billion
    2017: R26.3 billion
    Target: Sustainable growth
    BANKING HEADLINE EARNINGS
    R25.8
    billion
    2017: R26.3 billion
    AFRICA REGIONS CONTRIBUTION TO HEADLINE EARNINGS
    31%
     
    2017: 28%
    Target: >30%
    COST-TO-INCOME RATIO
    57.0%
     
    2017: 55.5%1
    Target: Approaching 50%
    CREDIT LOSS RATIO
    0.56%
     
    2017: 0.87%2
    Target: 80 – 100 bps
    GROUP RETURN ON EQUITY
    18.0%
     
    2017: 17.1%
    Target: 18% - 20%
    BANKING RETURN ON EQUITY
    18.8%
     
    2017: 18%
    1 Restated. The group amended its accounting policy for UCount expenses to be recognised against net fee and commission revenue (within non-interest revenue and total income) and not in operating expenses.
    2 Based on IAS 39.
    Chairman’s statement
    Read our chairman’s statement for an overview of the operating environment, the group’s approach to strategy in the context of its stakeholders, leadership, governance and risk management, and board changes.
    READ MORE
    Group chief executive’s report
    Read our group chief executive’s report for an overview of our strategic performance.
    READ MORE
    WHO WE ARE
    We are an African-focused, client-centric, digitally enabled, integrated financial services organisation.
    Read more about our countries of operations, competitive advantages and business units
    Our diversified business units provide client solutions across the full range of banking and related financial services.
    Personal & Business Banking
    Information about Liberty’s strategy and operations is available at www.libertyholdings.co.za
    OUR APPROACH TO INTEGRATED THINKING
    To create a shared future for our clients, our people and our stakeholders, our strategy is consistent with integrated thinking.
    Read more about key influences on our thinking, our material issues and how we allocate resources to deliver sustainable value for all our stakeholders
    OUR OPERATING CONTEXT
    Our organisational agility supports flexible strategic responses to the cyclical pressures in our markets while aligning our business effectively to the structural shifts in our industry over the longer term.
    Read more about the African and global operating context
    OUR GROUP STRATEGY
    Our group strategy is focused on creating sustainable value. It represents our commitment to the shared future we are creating for our clients, our people and our other stakeholders. Our strategic value drivers and focus areas align our allocation of resources to our strategy.
    Read more about how our purpose, vision and values, key focus areas and strategic value drivers intersect to drive group performance
    OUR VALUE CREATION MODEL

    Our business model enables us to respond to commercial and social realities in a dynamic environment of competing stakeholder expectations, complex competitive forces and regulatory pressures.

    Read more about how we manage our resources and relationships to deliver the best outcomes for our clients, our people, our shareholders and other stakeholders
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    MEASURING OUR STRATEGIC PROGESS

    Our strategic value drivers help us focus our efforts and measure our progress on delivering against our strategy. These are delivered by all our business units and corporate functions.

    Read a summary of our progress against our strategic value drivers

    We report our performance against our strategic value drivers in detail in our 2018 integrated report.

    Read more about each strategic value driver by clicking on each icon.

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    WHY INVEST IN US?

    Investors require three things from us – growth, resilience and returns. We allocate our resources and align our relationships to support the disciplined delivery of our strategy, which enables us to meet their expectations.

    1. Growth
    Focusing on our clients and creating a great place to work for our people enables us to compete, grow, innovate and achieve scale in our chosen markets.
    2. Resilience
    Doing the right business the right way enables us to safeguard the deposits our clients entrust to us and the capital our shareholders invest in us.
    3. Returns
    Driving shareholder returns by delivering on our strategic focus areas of client centricity, digitisation and integration.
    Read more about our leading investment proposition

     

    OUR REPORTING SUITE

    Annual integrated report 2018

    Download the full annual integrated report 2018 About this report

    Build your own report

    READ MORE

    Additional reports

    Reporting to society

    An account of the group’s social, economic and environmental impacts and how these contribute to the group’s sustainability and its ability to achieve its purpose. It includes our environmental, social and governance report, and our South African SBSA transformation report.

    Governance and remuneration report

    A detailed review of the group's governance and remuneration practices including the group's remuneration policy and implementaion report.

    Annual financial statements

    Sets out the group’s full audited annual financial statements, including the report of the group audit committee.

    Risk and capital management report

    A detailed view of the management of risks relating to the group’s operations.

    Standard Bank of South Africa (SBSA) annual report

    As the group’s largest banking subsidiary, SBSA produces its own annual report and audited annual financial statements.