Menu

Standard Bank, Africa’s largest bank by assets, said on Thursday that it is expanding its newly-released mobile banking app to four additional African countries outside of South Africa.

The Johannesburg-based bank said it is launching its Standard Bank Global Banking App simultaneously in Uganda, Namibia, Ghana, and Botswana. Standard Bank plans to roll out the app to Nigeria, Kenya, Zambia, and Zimbabwe by the end of 2016.

“Essentially this is one of the first mobile banking interfaces in Africa that allows our bank customers access to their accounts across multiple countries within the Standard Bank Group,” said Adrian Vermooten, Head Customer Channels Africa, Standard Bank. “It is particularly important to us to ensure we continue to leverage and build banking solutions that ultimately make the lives of our customers easier and more convenient – enabling customers to bank on their terms whenever they want.”

The app offers a richer and intuitive customer experience that takes advantage of smartphone sophistication such as biometrics for secure access, access to device contacts, and social networks for sharing of information.

According to Standard Bank, future releases of the app in other African countries in late 2016 will include additional features such as Real Time Payments, Online account opening and numerous other value-added services for individuals and businesses.

“The introduction of this app is a further step in Standard Bank’s drive to build a universal bank for its customers across the continent,” said Vermooten.

Founded in 1862, Standard Bank has total assets of about $128 billion as of December 2015. The bank operates in 20 African countries and is listed on the Johannesburg Stock Exchange with a market capitalization of about $11.8 billion.