Markets : Malawi

Standard Bank Limited is a Malawi-based company. The commercial banking activities of the Company encompass a range of services, including accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other related services, such as safe keeping, collections, issuing guarantees, acceptances, and letters of credit. The Company operates as an Islamic shariah-based bank. The Company owns an Off-shore Banking Unit. The principal activities of the Off-shore Banking Unit are to provide commercial banking services to its customers in foreign currencies. It has approximately 138 branches all over Bangladesh. Its subsidiaries include SBL Capital Management Ltd (SCML), Standard Exchange Company (UK) Limited, Standard Co (USA) Inc., SBL Capital Management Ltd, and Standard Bank Securities Limited.