However, due to working restrictions limiting the number of employees a firm can have performing certain tasks, Standard Bank was limited by how many new clients it could onboard. Standard Bank sought to challenge the norm. To invest in offshore markets, South Africans would traditionally have required to go through either a financial advisor or an investment bank. The company already had a dedicated platform for domestic investment and sought to enable its clients to access global capital markets.Ĭhallenge: Overcome bottlenecks and scale However, it also operates as the country’s largest online stockbroker. Provide offshore investment access to local clientsįollowing South Africa’s 2008 relaxation of its offshore investment restrictions, the Standard Bank of South Africa Limited saw an opportunity to expand its business.Īs South Africa’s largest bank, naturally, traditional banking forms the core of Standard Bank’s business.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |