Standard Bank issues an apology to Daily Maverick

Standard Bank officially extends an apology to the Daily Maverick and their journalist, Lerato Mutsila, for the treatment she experienced during an unfortunate incident. This incident occurred during an unauthorised and unlawful protest at Standard Bank’s Rosebank premises on Tuesday, 19 September 2023, when Ms Mutsila was removed along with the group of protestors.

Standard Bank takes these matters very seriously, and this occurrence is deeply regrettable. As a commitment Standard Bank will, as a matter of urgency, be implementing further training to upskill and sensitise those who are tasked with handling matters of this nature. Standard Bank has reached out to South African National Editors Forum (SANEF) to discuss the situation and agree a way forward.

Standard Bank has a proud and committed tradition of supporting the media and the important role that it plays in protecting South Africa’s young and vibrant democracy. Standard Bank affirms its commitment to media freedom and acknowledges that the media plays a critical part in holding government, business and civil society to account.

South Africa: About Standard Bank South Africa

Standard Bank South Africa is the largest operating entity of Standard Bank Group, Africa’s largest bank by assets. Standard Bank Group reported total assets of R2.9 trillion (about USD170 billion) at 31 December 2022, while its market capitalisation was R284 billion (USD17 billion).

In South Africa, Standard Bank provides the full spectrum of financial services. Its Corporate & Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. CIB delivers this comprehensive range of products and services relating to investment banking; global markets; and global transactional products and services.

The Business & Commercial Banking (BCB) segment provides broad-based client solutions to a wide spectrum of small- and medium-sized businesses as well as large commercial enterprises. Our client coverage support extends across a wide range of industries, sectors and solutions that deliver the necessary advisory, networking and sustainability support required by our clients to enable their growth.

The Personal and Private Banking (PPB) segment offers tailored and comprehensive banking, investment, insurance and beyond financial solutions. We serve clients across Sub-Saharan Africa ranging from high net-worth, affluent, and main market by enabling their daily lives throughout their life journeys.