Standard Bank Africa's biggest lender unveiled 3-year growth plan Capital Markets Day targeting 8-12% annual headline earnings/share growth ROE 18-22% 2026-28 revenue 7-10%/year CEO Sim Tshabalala unfazed Middle East conflict managing risks no target changes. Focus continental trade surge energy/infra financing gap digital banking shift present 21 countries.
Corporate/investment banking biggest revenue generator targets R100bn ($5.88bn) revenue 2028 up R74.4bn 2025 unit chief Luvuyo Masinda cited Africa $130-170bn annual energy $170bn infra needs. Critical minerals copper/cobalt major financing/advisory ops. Incremental capital East/West Africa large profit pools improving fundamentals top-3 position organic growth/acquisitions.
Egypt office opened November expansion priority; Africa ex-SA portfolio 40% 2025 earnings rises ~45% 2028 CFO Arno Daehnke. East Africa faster growth than SA big opportunities filling European bank retreat vacuum mining/oil/gas investments.