
Standard Bank named one of the World's most Trusted Companies by Newsweek and World's Best Companies by TIME
STANDARD BANK NAMED ONE OF THE WORLD’S MOST TRUSTED COMPANIES BY NEWSWEEK AND WORLD’S BEST COMPANIES BY TIME
Standard Bank Group, Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies for a second consecutive year and Newsweek’s World's Most Trustworthy Companies for the 3rd consecutive year. TIME and Newsweek are esteemed media organisations that have maintained a reputation for exceptional journalism for nearly a century.
The recognition of World's Most Trustworthy Companies by Newsweek is based on a comprehensive evaluation of trust across customer, investor, and employee dimensions. The process included survey responses from over 65,000 people across 20 countries and sentiment analysis of more than 500,000 online mentions. Thousands of companies were assessed, with only one thousand making the final list. Standard Bank was one of 96 South African companies eligible for consideration, and its inclusion in the final ranking underscores the strength of its reputation both locally and globally. This prestigious global honour places Standard Bank among a select group of companies that have earned the confidence of their stakeholders through consistent performance, transparency, and purpose-driven leadership.
The recognition: TIME's World's Best Companies, compiled with Statista, evaluates organisations based on criteria that include employee satisfaction, revenue growth, environmental protection, social responsibility, and corporate governance standards (ESG). TIME reaches millions of readers worldwide, providing comprehensive coverage of business, politics, and social issues.
Francois Gamet, Chief Executive, Standard Bank Mauritius commented on this achievement: “Receiving these awards from Newsweek and TIME magazines is not just a recognition - it is a reflection of the commitment to our purpose to drive Africa’s Growth. In the banking industry, trust is everything. Trust is earned through consistent integrity, transparency, and service. Being recognised as the world’s most trusted companies and World’s Best Companies 2025 affirms our unwavering commitment to those values and also putting our customers first. This award is for every client who placed their trust in us and for our employees who work relentlessly to maintain that trust.”
Chief Executive of Standard Bank Group, Sim Tshabalala says: “This recognition is a powerful endorsement of our purpose, ‘Africa is our home, we drive her growth’. At Standard Bank, we understand that trust is built over time, through every interaction, every decision, and every promise kept. It’s reflected in how we support our customers, how we engage with our employees, and how we deliver value to our investors. Being named one of the world’s most trusted companies is a reflection of the values that guide us and the impact we strive to make across Africa.”
He also added: "TIME is an authoritative platform for rigorous journalism and so we are delighted that they are once again recognising our ongoing efforts to maintain world-class standards while driving Africa's economic growth. This consecutive recognition underscores our ability to maintain excellence in the fiercely competitive financial services market."
The recognition aligns with Standard Bank’s strategy to deliver sustainable growth and shared value. As the group continues to navigate a rapidly changing financial landscape, trust remains the foundation of its relationships and the guiding principle of its operations.