ISLA welcomes Standard Bank Group as new member
29 August 2024 South Africa
Image: shams_Faraz_Amir/stock.adobe.com
Standard Bank Group has become a new member of the International Securities Lending Association (ISLA).
Headquartered in Johannesburg, South Africa, Standard Bank Group has more than 160 years of history serving clients across 20 countries in sub-Saharan Africa.
Standard Bank Group and ISLA will work together, along with other members in the region, to support the development of securities financing markets across Africa.
According to Alistair Griffiths, director of business development at ISLA, the move brings mutual benefit for the bank and the association.
He says: “Membership of ISLA will enable Standard Bank to join numerous working groups that are pertinent to the full securities financing transaction lifecycle. This involvement subsequently facilitates the ability to drive key industry topics and shape the future of securities financing both globally and specifically in the African region.”
ISLA currently has more than 200 members across 22 countries around the world, representing all facets of the securities lending market.
Griffiths adds: “The regional collaboration is a key focus for ISLA as we seek to truly expand our footprint across Africa. This region has typically been under-represented at key forums or events, and the addition of Standard Bank as a member of ISLA is a major step to driving collaborative efforts across the industry.”
Headquartered in Johannesburg, South Africa, Standard Bank Group has more than 160 years of history serving clients across 20 countries in sub-Saharan Africa.
Standard Bank Group and ISLA will work together, along with other members in the region, to support the development of securities financing markets across Africa.
According to Alistair Griffiths, director of business development at ISLA, the move brings mutual benefit for the bank and the association.
He says: “Membership of ISLA will enable Standard Bank to join numerous working groups that are pertinent to the full securities financing transaction lifecycle. This involvement subsequently facilitates the ability to drive key industry topics and shape the future of securities financing both globally and specifically in the African region.”
ISLA currently has more than 200 members across 22 countries around the world, representing all facets of the securities lending market.
Griffiths adds: “The regional collaboration is a key focus for ISLA as we seek to truly expand our footprint across Africa. This region has typically been under-represented at key forums or events, and the addition of Standard Bank as a member of ISLA is a major step to driving collaborative efforts across the industry.”
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