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Bank raises standard for Africa Day

Silver anniversary adds to celebrations

Staff at Standard Bank are celebrating two key anniversaries today (25 May)  - one marking its 25 year presence in the Island, the other its long association with Africa.


The South African-owned bank's salute to Africa Day remembers the creation of the Organisation of African Unity in 1963.


Standard's Douglas office provides banking and wealth management services to individuals and corporates across the African continent.


Today is also the silver anniversary of Standard Bank in the Isle of Man.


The bank's international division opened offices in the Isle of Man and Jersey in 1992, following the acquisition of merchant bank Brown Shipley.  It now employs 125 staff at purpose-built headquarters at One Circular Road in Douglas.


Chief Executive of Standard Bank Wealth International Will Thorp said: "Standard Bank  chose wisely when it decided to base part of its international banking arm in the Isle of Man."


He added: "For the past 25 years, we have grown and prospered with the Island, and in turn both have made a significant contribution to the prosperity of Africa."

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