The Wealth Report 2015 compiled by Knight Frank with support from Standard Bank Group Wealth and Investment has shown that there are a large and growing number ultra-high net worth individuals (UHNWI) in Africa.
Standard Bank Wealth and Investment does valuable work on the African Continent and has been recognised as the leading Private Bank in Africa, catering to these UHNWI. The award for Outstanding Private Bank in Africa was accepted at the 25th Private Banker International Global Wealth Summit and Awards, held in Singapore in October.
Wealth and Investment have launched many new concepts including the development of Wealth Academies for the families of UHNWI and their wives. These services are not only available to clients of the bank but also serve communities through offering this service to women operating in various African regions.
We believe that as Africa grows and prospers economically, the need to serve a new class of business leaders will emerge.