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Standard Bank
4.4
based on 9 Reviews
Company Overview
Company Locations
Working at Standard Bank
Company Summary
Overall Rating
4.4/5
based on 9 reviews
16% above
industry average
Highly rated for
Company culture, Salary, Work-life balance
Work Policy
Monday to Saturday
45% employees reported
Flexible timing
100% employees reported
No travel
78% employees reported
Day shift
100% employees reported
View detailed work policy
About Standard Bank
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
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Website--
Primary Industry
Other Industries
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Standard Bank Ratings
based on 9 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
5
4
4
3
0
2
0
1
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Category Ratings
4.5
Company culture
4.4
Salary
4.4
Work-life balance
4.4
Promotions
4.2
Job security
4.2
Skill development
4.0
Work satisfaction
Standard Bank is rated 4.4 out of 5 stars on AmbitionBox, based on 9 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Standard Bank Reviews
Compare Standard Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 9 reviews | 3.8/5 based on 6.6k reviews | 3.9/5 based on 6.3k reviews | 4.0/5 based on 9.6k reviews |
Highly Rated for | Company culture Work-life balance Salary | Work-life balance Job security | Job security Skill development Salary | Salary Skill development Job security |
Critically Rated for | No critically rated category | Promotions Skill development | Promotions | No critically rated category |
Primary Work Policy | - | Hybrid 84% employees reported | Hybrid 61% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 4.0 Good rated by 1 women | 3.9 Good rated by 2.1k women | 3.8 Good rated by 2.2k women | 3.8 Good rated by 829 women |
Rating by Men Employees | 4.6 Excellent rated by 6 men | 3.8 Good rated by 4.3k men | 4.0 Good rated by 3.8k men | 4.0 Good rated by 8.2k men |
Job security | 4.2 Good | 3.9 Good | 4.0 Good | 3.8 Good |
View more
Standard Bank Salaries
Standard Bank salaries have received with an average score of 4.4 out of 5 by 9 employees.
Senior Business Analyst
(4 salaries)
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₹10 L/yr - ₹10 L/yr
Quality Engineer
(3 salaries)
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₹24 L/yr - ₹1 Cr/yr
Senior UI Developer
(2 salaries)
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₹10.8 L/yr - ₹13.8 L/yr
Test Lead
(2 salaries)
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₹32.4 L/yr - ₹41.4 L/yr
Software Testing Lead
(2 salaries)
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₹9 L/yr - ₹11.5 L/yr
Software Developer
(2 salaries)
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₹4.3 L/yr - ₹5.5 L/yr
Salesforce Business Analyst
(2 salaries)
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₹28.4 L/yr - ₹36.2 L/yr
Sales Manager
(1 salaries)
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₹4.3 L/yr - ₹5.5 L/yr
Fraud Analyst
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
CRM Developer
(1 salaries)
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₹5.5 L/yr - ₹7 L/yr
Standard Bank News
View all
Banks Boost Transition To Energy Finance: Q&A With Standard Bank CIB’s Sasha Cook
- Standard Bank has set targets to achieve net zero for its own operations by 2040 and for its portfolio of financed emissions by 2050.
- The bank will not finance new coal-fired power plants or expansion of existing coal-fired plants.
- Various sustainable finance instruments, such as green-labeled, blue-labeled, and social-labeled instruments, help mitigate climate change's impact.
- African banks play a crucial role in driving positive impact and facilitating sustainable projects on the continent.
Global Finance Magazine | 4 Mar, 2025
Joburg cleaning up its act ahead of G20?
- Johannesburg is still SA's economic hub and attracts many people each year.
- Jozi My Jozi is a community-centered initiative focusing on cleaning up and lighting up the city.
- Stephen du Preez, founder of LocalAbode, shares more about Jozi My Jozi initiative in a podcast.
- The initiative is supported by partners including Anglo American, Standard Bank, IQbusiness, Nando's, and We Are Bizarre.
Moneyweb | 4 Mar, 2025
Even SA’s ‘working class’ needs financial help and guidance
- A recent research commissioned by Standard Bank and Liberty shows that 1.2 million households have joined the working class in South Africa in the past decade.
- The working class is defined as individuals earning between R8,000 and R22,000, totaling about 14.8 million people.
- This working class segment has an average household income of around R11,000, supporting an average of four people.
- Their spending power is substantial, with an estimated R550 billion in 2022 compared to R280 million in 2012.
- Challenges faced by this group include high food and transport inflation, long commute times, and financial struggles in the event of unforeseen circumstances like a death in the family.
- Around 36% of this population has impaired credit reports, leading to reliance on informal financial instruments with high interest rates.
- Financial literacy programs and tools offered by banks aim to support this segment in managing their finances and improving their credit scores.
- Innovation in financial services includes apps with financial management tools to help individuals budget, track spending, and improve their financial health.
- Despite financial challenges, the working class demonstrates money management skills and seeks ways to maximize their income through strategies like looking for specials and budgeting.
- Efforts are being made to provide support and education to the working class population to enhance their financial well-being and empower them to make informed financial decisions.
Moneyweb | 28 Feb, 2025
Banking rewards battle heats up
- FNB and Standard Bank are expanding their partnerships with major retailers to offer customers more value on everyday purchases.
- FNB has expanded its partnership with Pick n Pay, allowing customers to earn up to 30% back in eBucks on purchases made at Pick n Pay stores.
- Standard Bank has enhanced its UCount Rewards program to offer customers up to 30% back in rewards points for in-store purchases at Shoprite and Checkers.
- Both banks are leveraging strategic retail alliances to drive customer engagement and retention in the highly competitive banking rewards space.
Moneyweb | 28 Feb, 2025
Cape Town Cycle Tour: Demonstrating the upsides of sustainability to SMEs
- The Cape Town Cycle Tour sets an example for large-scale sustainability efforts, aligning with environmental values and showcasing the importance of sustainability to SMEs.
- Standard Bank's partnership with the event emphasizes sustainability, urging local businesses to adopt eco-friendly practices as a necessity for remaining competitive.
- SMEs are urged to integrate sustainability into operations to avoid being left behind in an increasingly conscious market, similar to cyclists preparing for a challenging route.
- Standard Bank focuses on sustainability through supporting eco-friendly practices, social causes, and aiding clients in sustainable growth transition.
- The Cape Town Cycle Tour operates with a strong Environmental Management Plan to reduce waste, promote recycling, and support environmental conservation and community upliftment.
- Businesses are encouraged to embrace sustainability through actions like shifting to eco-friendly packaging and sourcing sustainable materials to align with consumer demand.
- Sustainability offers both opportunities and risks for SMEs, with those investing in green technologies likely to reduce costs and attract environmentally conscious consumers.
- Financial institutions like Standard Bank play a crucial role in helping SMEs adopt sustainable practices through tailored financial products and advice for greener transitions.
- Local businesses must integrate sustainability into their core operations to stay competitive, reduce costs, attract environmentally conscious consumers, and comply with regulations.
- The Cape Town Cycle Tour serves as a reminder that sustainability is a crucial component of long-term business strategy, urging SMEs to proactively incorporate sustainable practices for future resilience and success.
Moneyweb | 26 Feb, 2025
Business-rescue-hit Urban Lime’s properties up for sale
- Urban Lime, a business-rescue-hit property group, has put its property portfolio in Cape Town and Durban up for sale.
- The company, which was on the brink of liquidation due to a debt dispute with Standard Bank, is now in business rescue.
- Urban Lime's business rescue practitioners have appointed Nexus Property Group to handle the sale of the properties.
- Elias Tzouvanni, co-founder of Nexus, shares more on the portfolio up for sale and the interest received so far through a private tender process.
Moneyweb | 25 Feb, 2025
Anger over failure of community-owned macadamia nut farm
- A government-funded macadamia nut farm in Ncera, Eastern Cape has failed to get off the ground after two decades, despite hundreds of millions of rands in public funds invested in the project.
- Employees of the Ncera Macadamia Farm, who live in the surrounding villages, have not been paid since June 2024.
- Late or non-payment of salaries became increasingly frequent. The farm has been heavily vandalised.
- Relying mainly on government grants, the farm was unable to develop plantations in line with the business plan.
- The national Department of Agriculture, Land Reform and Rural Development then agreed to fund and install a bulk water supply at a cost of R64 million.
- But the contractor appointed by the department did not deliver and a new contractor had to be found.
- A R4 million grant was secured from Standard Bank for salaries but some of the funds were used for operational costs, contravening the conditions of the grant.
- In 2020, the farm had sales revenue of R16 million. By 2022, it had dropped to R10.4 million and the farm ran at a loss of R10 million.
- The farm’s audited financial statements from 2019-2022 show an annual decline in revenue from sales of macadamia nuts and young trees from the farm’s nursery.
- The Eastern Cape Development Corporation has compiled a technical assessment report on the reasons for the farm’s demise and outlining ways it can get back on track.
Moneyweb | 8 Feb, 2025
Balancing AI Hype And Practice Innovation
- The use of AI in financial services is rapidly increasing and is viewed as an emerging technology.
- According to the Infosys Bank Tech Index, global banks allocated 29% of their technology budgets to AI in Q3 2024, up from 20% in Q1.
- A study by IDC forecasts that global AI investment will reach $300bn by 2026, driving a compound annual growth rate of 26.5% since 2022.
- Among the drivers of this surge was the 2022 launch of ChatGPT.
- São Paulo-based Nubank has been wielding GenAI tools for the past three years to interact with customers and help them better understand their financial situation.
- Hyperscalers have made themselves critical to any expansive AI strategy.
- Standard Bank is firmly focused on 'next-level' productivity enhancement incorporating AI.
- For some areas of financial services, the horizon is further off.
- Attitudes toward the promise of AI are far from even across global financial markets.
- For many banks, however, AI is central to improving operational efficiency, enhancing decision-making, and expanding product offerings, with strategic partnerships helping them to scale these advantages and speed innovation.
Global Finance Magazine | 4 Feb, 2025
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Standard Bank FAQs
Does Standard Bank have good work-life balance?
Standard Bank has a work-life balance rating of 4.4 out of 5 based on 9 employee reviews on AmbitionBox. 100% employees rated Standard Bank 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Standard Bank reviews for more details
Is Standard Bank good for career growth?
Career growth at Standard Bank is highly regarded, with promotions and appraisal rating of 4.4. 100% employees rated Standard Bank 4 or above on promotions/appraisal indicating that a significant portion of employees are satisfied with career growth opportunities. We recommend reading Standard Bank reviews for more detailed insights.
What are the pros of working in Standard Bank?
Working at Standard Bank offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, promotions / appraisal and salary & benefits, based on 9 employee reviews on AmbitionBox.
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