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-down feature
If write-down,write-down trigger (s)
If write-down, full or partial
If write-down, permanent or temporary
If temporary write-down, description of write-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 |
(including share | Preference Share | Preference Share | ||||||||||
bond - SBK23 | bond - SBT101 | bond - SBT102 | bond - SBT103 | bond - SBT104 | bond - SBT105 | bond - SBT201 | bond - SBT202 | bond - SBT203 | bond - SBT204 | |||
premium) | Capital | Capital | ||||||||||
SBG | SBSA | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG | SBG |
SBK ZAE 000109815 | ZAG000126434 BKP ZAE000038881 | SBPP ZAE000056339 | ZAG000143017 | ZAG000146622 | ZAG000157157 | ZAG000170986 | ZAG000174830 | ZAG000149519 | ZAG000155680 | ZAG000155714 | ZAG000158684 | |
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 | 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 | Tier II | Tier II | Tier II | Tier II |
Group | Group & Solo | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group |
Ordinary Share capital | Subordinated | Preference share | Preference share | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated |
capital and share | capital and share | |||||||||||
and premium | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | ||
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 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 3 000 | ZAR 1 516 | ZAR 484 | ZAR 1 000 |
Equity attributable to | Subordinated | Preference share | Preference share | Equity | Equity | Equity | Equity | Equity | Subordinated | Subordinated | Subordinated | Subordinated |
ordinary shareholders | debt | capital and share | capital and share | debt | debt | debt | debt | |||||
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 | 12/02/2018 | 03/12/2018 | 03/12/2018 | 15/04/2019 |
2006/05/23, | ||||||||||||
2006/08/12 | ||||||||||||
Perpetual | Dated | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | Perpetual | 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 |
28/05/2022 | 31/03/2022 | 30/09/2022 | 31/03/2024 | 30/09/2025 | 31/03/2026 | 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 3 000 | ZAR 1 516 | ZAR 484 | ZAR 1 000 | |||
28/05/2022 or | 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 | 13/02/2023 or any | 03/12/2023 or any | 03/12/2023 or any | 16/04/2024 or any | |||
any interest | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | interest payment | |||
payment date | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | date thereafter | |||
thereafter | ||||||||||||
Fixed | Fixed | 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 + 314bps | JIBAR + 240bps | 10.395% | JIBAR + 240bps | |
rate | ||||||||||||
No | No | No | 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 | Mandatory | Mandatory | Mandatory | Mandatory |
No | No | No | No | No | No | No | No | No | No | No | No | No |
Non-cumulative | Non-cumulative | Cumulative | Non-cumulativeNon-cumulative | Non-cumulativeNon-cumulative | Non-cumulative | Non-cumulativeNon-cumulative | Non-cumulative | Non-cumulativeNon-cumulative | ||||
Non-convertible | Non-convertible | Non-convertible | Non-convertibleNon-convertible | Non-convertibleNon-convertible | Non-convertible | Non-convertibleNon-convertible | Non-convertible | Non-convertibleNon-convertible | ||||
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- | |||
viability | viability | viability | viability | viability | viability | viability | viability | viability | viability | |||
Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | |||
discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | discretion | |||
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 | Senior debt | Senior debt | Senior debt | Senior debt |
shares, Basel 3 | Additional Tier 1, | Additional Tier 1 and, | bonds | bonds | bonds | bonds | bonds | |||||
compliant Additional | and Non-cumulative | subject to regulatory | ||||||||||
Tier 1 and Non- | preference shares | clarification of their | ||||||||||
cumulative preference | subject to regulatory | ranking, the portion of | ||||||||||
shares, subject to | clarification of their | Basel II qualifying non- | ||||||||||
regulatory clarification of | ranking | cumulative preference | ||||||||||
their ranking | shares | |||||||||||
No | No | Yes | Yes | 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 loan - | |||||||||||||
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 | Standard Bank Jersey | |||||||||||||
Bank Swaziland | Bank Angola | Bank Zambia | Bank Uganda | Bank Ghana | Bank Botswana | Botswana | Bank Tanzania | Bank Kenya | Bank Kenya | Bank Botswana | Bank Botswana | of Man | |||||
issuance) | |||||||||||||||||
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 | Standard Bank Jersey |
Swaziland | Angola | Zambia | Uganda | Ghana | Botswana | Botswana | Tanzania | Kenya Limited | Kenya Limited | Botswana | Botswana | of Man Limited | Limited | ||||
Standard Bank | Standard Bank | Standard Bank | Standard Bank | Standard Bank | Standard Bank | Finance | Standard Bank | Standard Bank | |||||||||
XS2001739379 | ZAG000165754 | ZAG000168964 | ZAG000172651 | SZ001 | South Africa | South Africa | South Africa | South Africa | BW 000 000 1791 | BW 000 000 1783 | South Africa | South Africa | Institution | BW 000732198 | BW 000000 2401 | Offshore Group | Offshore Group |
English and SA | SA | SA | SA | Swaziland | Angola | Zambia | Uganda | Ghana | Botswana | Botswana | Tanzania | Kenya English and Kenya | Botswana | Botswana | 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 | Additional Tier I | Additional Tier 1 |
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 / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Group / Solo | Solo | Solo | Solo | Solo |
Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated debt | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated debt | Subordinated debt |
debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | debt | |||
USD 400 | ZAR 2 000 | ZAR 3 500 | ZAR 1 500 | 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 | 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 | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated debt | Subordinated | Subordinated | Subordinated | Subordinated | Subordinated | Equity | Equity |
debt | debt | debt | debt | debt | loan | loan | loan | loan | debt | loan | loan | debt | debt | debt | |||
30/05/2019 | 30/01/2020 | 24/06/2020 | 27/11/2020 | 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 | Perpetual | Perpetual |
31/05/2029 | 31/01/2030 | 25/06/2030 | 28/11/2030 | 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 |
31/05/2024 | 31/01/2025 | 25/06/2025 | 28/11/2025 | 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 | 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 | 30 June 2023 or | 3 December | 13 December | 1 April 2021 or | 29 November | 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 | any interest | 2023 or any | 2021 or any | any interest | 2021 or any | any interest | or any interest | or any interest | interest payment | interest payment date | |||||
date thereafter | date thereafter | date thereafter | payment date | interest payment | interest payment | payment date | interest payment | payment date | paytment date | paytment date | date thereafter | thereafter | |||||
thereafter | date thereafter | date thereafter | thereafter | date thereafter | thereafter | thereafter | thereafter | ||||||||||
Fixed | 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 | Swailand 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 | Yes | No | No | No | No |
Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Full discretionary | Full discretionary |
No | No | No | No | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No | No | No | No |
Non-cumulativeNon-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulativeNon-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulative | Non-cumulativeNon-cumulative | Non-cumulative | Non-cumulative | Non cumulative | Non cumulative | |||
Non-convertibleNon-convertible | Non-convertible | Non-convertibleNon-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 | |||||||||||||
Point of non- | Point of non- | Point of non- | Point of non- | Point of non-viability | Point of non-viability | ||||||||||||
viability | viability | viability | viability | ||||||||||||||
Regulatory | Regulatory | Regulatory | Regulatory | Regulatory | Regulatory discretion | ||||||||||||
discretion | discretion | discretion | discretion | discretion | |||||||||||||
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 | Tier 2 capital bonds | Tier 2 capital bonds |
No | No | No | No | No | No | ||||||||||||
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Disclaimer
Standard Bank Group Ltd. published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 09:15:06 UTC.
