Standard Bank (Standard Bank) South Africa's famous bank, originated in 1962 as a branch of the British Standard Bank in South Africa and incorporated as a bank; in 1969, the South African Standard Bank Group was formally established, became the bank's controlling shareholder, and merged with Standard Chartered Bank to establish; 1987 In 1969, the Standard Bank Group of South Africa was formally established as the Bank's controlling shareholder and merged with Standard Chartered Bank to form the Bank; in 1987, Standard Chartered Bank transferred its shares. Standard Bank's three main businesses include retail and commercial banking, wholesale and investment banking, and insurance and wealth management.