STANDARD BANK GROUP LIMITED Standard Bank Group
Capital instruments - main features disclosure template
Issuer
Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement)
Governing law (s) of the instrument
Regulatory Treatment
Transitional Basel III rules
Post-transitional Basel III rules
Eligible at solo/group/group & solo
Instrument type (types to be specified by each jurisdiction)
Amount recognised in regulatory capital (currency in million, as of most recent reporting date)
Par value of instrument
Accounting classification
Original date of issuance
Perpetual or dated
Original maturity date
Issuer call subject to prior supervisory approval
Optional call date, contingent call dates and redemption amount (currency in million) Subsequent call dates, if applicable
Coupons / dividends
Fixed or floating dividend/coupon
Coupon rate and any related index
Existence of a dividend stopper
Fully discretionary, partially discretionary or mandatory
Existence of step up or other incentive to redeem
Non-cumulative or cumulative
Convertible or non-convertible
If convertible, conversion trigger (s)
If convertible, fully or partially
If convertible, conversion rate
If convertible, mandatory or optional conversion
If convertible, specify instrument type convertible into
If convertible, specify issuer of instrument it converts into
Write-dow n feature
If w rite-dow n, w rite-dow n trigger (s)
If w rite-dow n, full or partial
If w rite-dow n, permanent or temporary
If temporary w rite-dow n, description of w rite-up mechanism
Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)
Non-compliant transitioned features
If yes, specify non-compliant features
Ordinary share capital | Subordinated | Cumulative | Non Cumulative | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated |
(including share | Preference Share | Preference Share | |||||||||||
bond - SBK23 | bond - SBT101 | bond - SBT102 | bond - SBT103 | bond - SBT104 | bond - SBT105 | bond - SBT106 | bond - SBT201 | bond - SBT202 | bond - SBT203 | bond - SBT204 | |||
premium) | Capital | Capital | |||||||||||
SBG | SBSA | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG |
SBK ZAE 000109815 | ZAG000126434 SBKP ZAE000038881 | SBPP ZAE000056339 | ZAG000143017 | ZAG000146622 | ZAG000157157 | ZAG000170986 | ZAG000174830 | ZAG000180431 | ZAG000149519 | ZAG000155680 | ZAG000155714 | ZAG000158684 | |
SA | SA | SA | SA | SA | SA | SA | SA | SA | SA | SA | SA | SA | SA |
CET I | Tier II | Tier II | Additional tier I | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Tier II | Tier II | Tier II | Tier II |
CET I | Tier II | Ineligible | Ineligible | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Additional Tier I | Tier II | Tier II | Tier II | Tier II |
Group | Group & Solo | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group |
Ordinary Share capital | Preference share | Preference share | |||||||||||
Subordinated debt | capital and share | capital and share | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | |
and premium | |||||||||||||
premium | premium | ||||||||||||
ZAR 17 860 | ZAR 1 000 | ZAR 2.4 | ZAR 1 649 | ZAR 1 744 | ZAR 1 800 | ZAR 1 942 | ZAR 1 539 | ZAR 1 800 | ZAR 1 724 | ZAR 3 000 | ZAR 1 516 | ZAR 484 | ZAR 1 000 |
10c | ZAR 1 000 | ZAR 1 | 1 c | ZAR 1 744 | ZAR 1 800 | ZAR 1 942 | ZAR 1 539 | ZAR 1 800 | ZAR 1 724 | ZAR 3 000 | ZAR 1 516 | ZAR 484 | ZAR 1 000 |
Equity attributable to | Subordinated debt | Preference share | Preference share | Equity | Equity | Equity | Equity | Equity | Equity | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt |
ordinary shareholders | capital and share | capital and share | |||||||||||
premium | premium | ||||||||||||
Ongoing | 28/05/2015 | 25/11/1969 | 2004/07/07, | 30/03/2017 | 21/09/2017 | 20/02/2019 | 29/09/2020 | 29/03/2021 | 12/10/2021 | 12/02/2018 | 03/12/2018 | 03/12/2018 | 15/04/2019 |
2006/05/23, 2006/08/12 | |||||||||||||
Perpetual | Dated | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Dated | Dated | Dated | Dated |
28/05/2027 | 13/02/2028 | 03/12/2028 | 03/12/2028 | 16/04/2029 | |||||||||
No | Yes | No | No | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
28/05/2022 | 31/03/2022 | 30/09/2022 | 31/03/2024 | 30/09/2025 | 31/03/2026 | 31/12/2026 | 13/02/2023 | 03/12/2023 | 03/12/2023 | 16/04/2024 | |||
ZAR 1 000 | ZAR 1 744 | ZAR 1 800 | ZAR 1 924 | ZAR 1 539 | ZAR 1 800 | ZAR 1 724 | ZAR 3 000 | ZAR 1 516 | ZAR 484 | ZAR 1 000 | |||
28/05/2022 or any | 31/03/2022 or any | 30/09/2022 or any | 31/03/2024 or any | 30/09/2025 or any | 31/03/2026 or any | 31/12/2026 or any | 13/02/2023 or any | 03/12/2023 or any | 03/12/2023 or any | 16/04/2024 or any | |||
interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | |||
date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | |||
Fixed | Fixed | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Fixed | Floating | |
11.56% | 6.50% | 77% of prime interest | JIBAR + 565bps | JIBAR + 545bps | JIBAR + 440bps | JIBAR + 452bps | JIBAR + 423bps | JIBAR + 391bps | JIBAR + 314bps | JIBAR + 240bps | 10.395% | JIBAR + 240bps | |
rate | |||||||||||||
No | No | No | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No | No | No | No |
Full discretionary | Mandatory | Full discretionary | Full discretionary | Full discretionary | Full discretionary | Full discretionary | Full discretionary | Full discretionary | Full discretionary | Mandatory | Mandatory | Mandatory | Mandatory |
No | No | No | No | No | No | No | No | No | No | No | No | No | No |
Non-cumulative | Non-cumulative | Cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative |
Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible |
Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |||
Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | |||
viability | viability | viability | viability | viability | viability | viability | viability | viability | viability | viability | |||
Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | |||
discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | |||
Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | |||
Cumulative preference | Senior debt | Basel 3 compliant | Basel 3 compliant | Tier 2 capital | Tier 2 capital | Tier 2 capital | Tier 2 capital | Tier 2 capital | Tier 2 capital | Senior debt | Senior debt | Senior debt | Senior debt |
shares, Basel 3 compliant | Additional Tier 1, and | Additional Tier 1 and, | bonds | bonds | bonds | bonds | bonds | bonds | |||||
Additional Tier 1 and Non- | Non-cumulative | subject to regulatory | |||||||||||
cumulative preference | preference shares | clarification of their | |||||||||||
shares, subject to | subject to regulatory | ranking, the portion of | |||||||||||
regulatory clarification of | clarification of their | Basel II qualifying non- | |||||||||||
their ranking | ranking | cumulative preference | |||||||||||
shares | |||||||||||||
No | No | Yes | Yes | No | No | No | No | No | No | No | No | No | No |
Regulation 38(11) | Regulation 38(11) | ||||||||||||
(b)(i) | (b)(i) | ||||||||||||
Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated bond - | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated loan - | ||||
bond - SBT205 | Subordinated | Subordinated | Subordinated | Subordinated | |||||||||||||
bond - Standard loan - Standard loan - Standard | loan - Stanbic | loan - Stanbic | bond - Stanbic | Stanbic Bank | loan - Stanbic | loan - Stanbic | bond - Stanbic | bond - Stanbic | bond - Stanbic | Standard Bank Isle | |||||||
(USD Reg S | bond - SBT206 | bond - SBT207 | bond - SBT208 | bond - SBT209 | |||||||||||||
Bank Sw aziland | Bank Angola | Bank Zambia | Bank Uganda | Bank Ghana | Bank Botsw ana | Botsw ana | Bank Tanzania | Bank Kenya | Bank Kenya | Bank Botsw ana | Bank Botsw ana | of Man | |||||
issuance) | |||||||||||||||||
Subordinated loan - Standard Bank Jersey
SBG | SBG | SBG | SBG | SBG | Standard Bank | Standard Bank | Standard Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Stanbic Bank | Standard Bank Isle of | Standard Bank Jersey |
Sw aziland Limited | Angola | Zambia | Uganda | Ghana | Botsw ana | Botsw ana | Tanzania | Kenya Limited | Kenya Limited | Botsw ana | Botsw ana | Man Limited | Limited | |||||
Standard Bank | Standard Bank | Standard Bank | Standard Bank | Standard Bank | Standard Bank | Development | Standard Bank | Standard Bank Offshore | ||||||||||
XS2001739379 | ZAG000165754 | ZAG000168964 | ZAG000172651 | ZAG000177353 | SZ001 | South Africa | South Africa | South Africa | South Africa | BW 000 000 1791 | BW 000 000 1783 | South Africa | South Africa | Finance Institution | BW 000732198 | BW 000000 2401 | Offshore Group | Group |
English and SA | SA | SA | SA | SA | Sw aziland | Angola | Zambia | Uganda | Ghana | Botsw ana | Botsw ana | Tanzania | Kenya | English and Kenya | Botsw ana | Botsw ana | Isle of Man | Jersey |
Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Tier II | Additional Tier I | Additional Tier 1 |
Tier II | Tier II | Tier II | Tier II | Tier II | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Additional Tier I | Additional Tier 1 |
Group | Group | Group | Group | Group | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Solo | Solo | Solo | Solo |
Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt |
USD 400 | ZAR 2 000 | ZAR 3 500 | ZAR 1 500 | ZAR 1 722 | E 100 | AOA 9 234 | ZMK 173 | UGX 72 803 | GHS 73 | BWP 60 | BWP 140 | TZS 18 390 | USD 30 | USD 20 | BWP 212 | BWP 88 | GBP 11 | GBP 21 |
USD 400 | ZAR 2 000 | ZAR 3 500 | ZAR 1 500 | ZAR 1 722 | E 100 | AOA 9 234 | ZMK 173 | UGX 72 803 | GHS 73 | BWP 60 | BWP 140 | TZS 18 390 | USD 30 | USD 20 | BWP 212 | BWP 88 | GBP 11 | GBP 21 |
Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated debt | Subordinated loan | Subordinated loan | Subordinated loan | Subordinated loan | Subordinated debt | Subordinated debt | Subordinated loan | Subordinated loan | Subordinated debt | Subordinated debt | Subordinated debt | Equity | Equity |
30/05/2019 | 30/01/2020 | 24/06/2020 | 27/11/2020 | 28/06/2021 | 29/06/2018 | 03/12/2018 | 13/12/2016 | 31/03/2016 | 28/11/2016 | 15/06/2017 | 15/06/2017 | 31/05/2018 | 28/02/2018 | 21/12/2018 | 28/11/2019 | 28/11/2019 | 26/07/2017 | 14/12/2018 |
Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Perpetual | Perpetual |
31/05/2029 | 31/01/2030 | 25/06/2030 | 28/11/2030 | 29/06/2031 | 29/06/2028 | 03/12/2028 | 13/12/2026 | 31/03/2026 | 28/11/2026 | 15/06/2027 | 15/06/2027 | 31/05/2028 | 28/02/2028 | 21/12/2028 | 28/11/2029 | 28/11/2029 | ||
Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
31/05/2024 | 31/01/2025 | 25/06/2025 | 28/11/2025 | 29/06/2026 | 2023/06/30 | 2023/12/03 | 2021/12/13 | 2021/04/01 | 2021/11/28 | 2022/06/16 | 2022/06/16 | 2023/05/31 | 2023/02/28 | 2024/02/15 | 2024/11/28 | 2024/11/28 | 2022/07/26 | 2023/12/14 |
USD 400 | ZAR 2 000 | ZAR 3 500 | ZAR 1 500 | ZAR 1 722 | E 100 | AOA 9 234 | ZMK 173 | UGX 72 803 | GHS 73 | BWP 60 | BWP 140 | TZS 18 390 | USD30 | USD20 | BWP 212 | BWP 88 | GBP 11 | GBP 21 |
31/01/2025 or any | 25/06/2025 or any | 28/11/2025 or any | 29/06/2026 or any | 30 June 2023 or | 3 December 2023 | 13 December 2021 | 1 April 2021 or any | 29 November 2021 | 1 June 2023 or | 29 February 2023 | 15 February 2024 | 2022/07/26 or any | 2023/12/14 or any | |||||
interest payment | interest payment | interest payment | interest payment | any interest | or any interest | or any interest | interest payment | or any interest | any interest | or any interest | or any interest | interest payment date | interest payment date | |||||
date thereafter | date thereafter | date thereafter | date thereafter | payment date | payment date | payment date | date thereafter | payment date | payment date | paytment date | paytment date | thereafter | thereafter | |||||
thereafter | thereafter | thereafter | thereafter | thereafter | thereafter | thereafter | ||||||||||||
Fixed | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Floating | Fixed | Floating | Floating | Floating | Floating | Floating | Fixed | Floating | Floating |
5.95% | JIBAR + 215bps | JIBAR + 375bps | JIBAR + 260bps | JIBAR + 210bps | Sw ailand prime | LIBOR + 392bps | LIBOR + 532bps | LIBOR + 590bps | LIBOR + 532bps | 7.80% | BoBC + 225bps | LIBOR + 382bps | LIBOR + 411bps | LIBOR + 425bps | BoBC + 250bps | 7.75% | LIBOR + 39bps | LIBOR +175bps |
rate - 50bps | ||||||||||||||||||
No | No | No | No | No | No | No | No | No | No | No | No | No | No | Yes | No | No | No | No |
Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Full discretionary | Full discretionary |
No | No | No | No | No | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No | No | No | No |
Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non cumulative | Non cumulative |
Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible | Non-convertible |
Yes | Yes | Yes | Yes | Yes | Yes | |||||||||||||
Point of non- | Point of non- | Point of non- | Point of non- | Point of non- | Point of non-viability | Point of non-viability | ||||||||||||
viability | viability | viability | viability | viability | ||||||||||||||
Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory discretion | Regulatory discretion | ||||||||||||
discretion | discretion | discretion | discretion | discretion | ||||||||||||||
Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | ||||||||||||
Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Senior debt | Tier 2 capital bonds | Tier 2 capital bonds |
No | No | No | No | No | No | No | ||||||||||||
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Disclaimer
Standard Bank Group Ltd. published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 10:50:02 UTC.
