Standard Bank is proud to announce that it has received global recognition for its efforts and best practice in delivering critical financial relief and support to its small- and medium-sized enterprise (SME) clients since the onset of the Covid-19 pandemic.
As the only financial services organisation in South Africa to be invited to participate as a nominee in the “SME Bank of the Year” category at the SME Banking Awards, Standard Bank has been acknowledged with a Silver award. This category recognises top institutions that demonstrated compassion and provided crucial support to SME clients who were hard hit by the pandemic.
Simone Cooper, Head: Business Clients South Africa at Standard Bank, says: “It is both an honour and a privilege to be recognised on an international stage for the relief efforts and key initiatives that we, as Standard Bank South Africa, implemented to help businesses cope financially and to continue to operate under the ‘new normal’.”
Standard Bank joins other established, international banks such as Swedbank, Allianz Bank and Barclays who were nominated in the SME Bank of the Year category as part of the inaugural Efma-Mastercard SME Banking Awards for 2020.