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Standard Bank Offshore Part of the Standard Bank Group
About Standard Bank Offshore Group
Standard Bank Offshore Group Limited is a wholly owned subsidiary of the Standard Bank Group Limited. Established in 1862, the group has gone from strength to strength in the global arena and has become a recognised and respected provider of financial services. Standard Bank now has a presence in 33 countries worldwide, providing access to an international network that meets the needs of a diverse client base.
Standard Bank Offshore Group comprises a number of companies located in the offshore jurisdictions of Jersey, the Isle of Man and Mauritius. Here we provide a range of offshore services for the personal, professional and corporate client, including banking, fiduciary and corporate services, stockbroking, asset management and offshore fund management.
Jersey in the Channel Islands is some 14 miles from the north west coast of France in the Bay of St Malo. The Isle of Man is situated approximately 40 miles from the north-west coast of England, midway between the UK and Ireland. Mauritius is located in the Indian Ocean. Jersey and the Isle of Man are mature, respected offshore financial centres with representation from the world’s leading banks and investment institutions, whilst Mauritius is an emerging well-regulated offshore centre.
The islands of Jersey and the Isle of Man are self governing in domestic issues and are not part of, and therefore not subject to regulations imposed by the United Kingdom or the European Union.
Standard Bank Group
Rooted in Africa and with strategic representation in key international markets, Standard Bank Group Limited is based and listed in Johannesburg, South Africa, and is a regional banking force with a global sweep.
Standard Bank Group was established as the Standard Bank of British South Africa Limited and incorporated in London in 1862.
At 31 December 2010 Standard Bank Group had total assets of over US$162bn. The group also employs more than 50,000 people worldwide.
The Group continues to expand internationally. Offices are located in over 17 African countries and 16 other countries including the key financial centres of Europe, United States, Middle East and Asia.
In South Africa it delivers its services through more than 1,000 retail, commercial and merchant banking points run by its subsidiary The Standard Bank of South Africa.
The banking and financial operations of the Standard Bank Group also enjoy a strategic interest in the insurance industry through control of the Liberty Group, one of Africa’s leading life offices and financial services groups.
Stanbic Africa
The Group’s operations in Africa are managed through its subsidiary Stanbic Africa, which has a direct presence in 17 countries in sub-Saharan Africa with over 125 points of representation. Stanbic provides a full range of services, but its main sphere of operations is in the commercial and corporate sector. It is active in international and cross-border transactions. Stanbic Africa offers a wide spectrum of services, including:
• Investment banking - project finance, corporate finance, structured finance, privatisation
• Commercial and retail banking - savings accounts, call accounts, fixed deposits
• Treasury services - money market, capital markets, foreign exchange
• Custodial services
The need to extend banking services into the retail market in certain countries has been identified as a priority and expansion into these areas will be taking place on a gradual scale with support from the retail banking division of the Standard Bank Group.
Standard Bank Plc
Standard Bank Plc (based in London) is the focal point for the international merchant banking activities of the Standard Bank Group. Through an expanding international network, the group offers a range of specialist banking services on an international basis in Africa, North America, Latin America, the Far East, Europe/Eastern Europe and the Middle East.
Standard Bank Plc promotes trade, investment and business flows with an emerging market focus on a worldwide basis and is a leading participant in debt capital markets, trade finance, forfeiting and project finance. In addition, it provides trading, financial, advisory and risk management services to all sections of the precious metals, base metals and energy industries.
Offshore
www.standardbank.com/wealth
Offshore
Africa
Dubai
Jersey
Isle of Man
London
Istanbul
Moscow
SouthAfricaBuenos Aires
Tehran
Mauritius
New York
Hong Kong
Taipei
Shanghai
SingaporeKuala Lumpur
International representation
Contact us
If you would like information about any of our services, please contact any of our Standard Bank Offshore Group Limited offices:
JerseyStandard Bank HousePO Box 583, 47-49 La Motte StreetSt Helier, Jersey JE4 8XRTelephone: +44 (0)1534 881188Facsimile: +44 (0)1534 881133Email: [email protected]
Isle of ManStandard Bank HouseOne Circular RoadDouglas, Isle of Man IM1 1SBTelephone: +44 (0)1624 643643Facsimile: +44 (0)1624 643800Email: [email protected]
Mauritius6th Floor, Medine Mews BuildingLa Chaussée Street Port Louis, MauritiusTelephone: +(230) 202 4200Facsimile: +(230) 202 4210Email: [email protected]
Important information
Standard Bank Isle of Man Limited is licensed by the Isle of Man Financial Supervision Commission to take deposits.
Standard Bank Jersey Limited is regulated by the Jersey Financial Services Commission to take deposits; to provide investment business; and to conduct fund services business. Standard Bank Jersey Limited is a
participant in the Jersey Banking Depositor Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in
any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website or on request.
Standard Bank Isle of Man Limited is a member of the Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010. The Isle of Man has a Financial Services Ombudsman
scheme covering disputes relating to financial services offered in or from within the Isle of Man to individuals.
Standard Bank Isle of Man Limited places funds with other parts of its group and thus its financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Standard
Bank Isle of Man Limited and the group based on publicly available information. The latest report and accounts are available at www.standardbank.com/offshore.
Standard Bank Trust Company (Mauritius) Limited is regulated by the Financial Services Commission,Mauritius to provide corporate and trust services.
The above entities are wholly owned subsidiaries of Standard Bank Offshore Group Limited whose registered office is at 47- 49 La Motte Street, St Helier, Jersey JE2 4SZ.
This document has been approved for the purposes of section 21 of the Financial Services &Markets Act 2000 (FSMA) by Standard Bank Plc, which is authorised and regulated by the Financial Services Authority.
Prospective investors in the UK should be aware that the protections provided to investors by the UK regulatory system established under FSMA do not apply to any investment services or products provided by Standard
Bank Offshore Group Limited or any of its subsidiaries. In particular, investors will not be entitled to compensation from the Financial Services Compensation Scheme, nor will they be entitled to the benefits provided by
the Financial Ombudsman Service or other protections to customers under FSMA. Standard Bank Plc has appropriate passports under relevant European Directives.
This does not constitute an invitation to buy or the solicitation of an offer to sell securities or to accept deposits or to provide any other products or services in any jurisdiction, to any person to whom it is unlawful to
make such an offer or solicitation, nor should it be construed to constitute any investment advice. Legislation or regulations in jurisdictions relevant to you may prohibit you from entering into certain transactions with us
and we strongly recommend that you contact your financial or legal adviser in this regard. It is your responsibility for informing yourself about and complying with such restrictions.
Telephone calls may be recorded.
RMC2010.349
89354 07/10
www.standardbank.com/wealth
