Its digitally-active clients in South Africa have breached the 4.1 million mark, says the big-four bank.
Standard Bank ’s digitally-active clients in South Africa now stand at the 4.1 million mark out of an active base of 11.4 million.In a statement, Standard Bank says business and commercial clients have increasingly adopted its digital payment solutions.digital payment platform facilitated disbursements of over R1 billion in grants and salaries across four countries, says the bank.
“In South Africa, we witnessed a 13% increase in app users in the last year, with over 100 million logins per month. Additionally, more than four million clients utilised the in-app message centre to resolve problems or enquire about additional services.” Standard Bank says the number of branches increased from 619 to 652 in 2023, with further expansion planned for 2024.
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