Our business

Standard Bank Group’s roots in Lesotho date back to 1995 when it acquired Barclays Bank Plc. In 1999, Standard Bank Lesotho Limited acquired a 70% shareholding in Lesotho Bank Limited with the balance of the shareholding retained by the Government of Lesotho and Stanlib Lesotho.

In July 2006, the two banks merged to form Standard Lesotho Bank Limited. The Lesotho Government and Stanlib Lesotho still jointly hold 20% of the shares in the bank while Standard Bank Group has a controlling 80% share.

Standard Lesotho Bank Limited is the largest local bank by assets and market share. We provide a range of solutions in the personal and business banking, and corporate and investment banking space, and operate in all ten districts of Lesotho.

Read more about Lesotho and our corporate and investment banking offering.

Read more about corporate and investment banking solutions for your business.

For more information on Standard Bank Corporate & Investment banking visit http://corporateandinvestment.standardbank.com/CIB/.

Sectors

Standard Lesotho Bank supports clients in strategically important sectors for the Lesotho economy. These include the manufacturing sector which focused on textiles as the biggest attractor of foreign direct investment and mining which is dominated by diamond mining.

We also support clients in financial services, construction, telecommunications, utilities, retail and international development groups such as UN and EU agencies. Our sector specialists provide insights into the conditions and challenges faced on-the-ground by our clients. We develop working solutions by understanding all players in the sector value chain, and coordinate and execute our clients’ financing and banking requirements within and across continents.

Read more about Standard Bank Group’s sector specialism.

Standard Bank group

Standard Bank is a leading African financial services group with universal banking capabilities. We operate in 20 countries in Africa, including South Africa, as well as in other key markets globally. We know Africa. As a connected, real economy bank, our insight and experience enables us to unlock opportunities and mitigate risk for our broad range of clients. Our differentiator is our long-term commitment to Africa, our home, underpinned by a heritage of more than 150 years on the continent.

For more information on Standard Bank Corporate & Investment banking visit http://corporateandinvestment.standardbank.com/CIB/

 

Latest News

New Refuge for Child Headed Household

Through its corporate social responsibility programme, Standard Lesotho Bank handed over a two roomed house for ‘Mese family at Ha Mosili in the Berea district. This gesture is a direct response to the need for a decent, clean and safe shelter to this child-headed family. The handover is the second for 2018 following a commitment of M450,000 that the bank signed with Habitat for Humanity Lesotho earlier this year.

Zero Tolerance of Fraud at Standard Lesotho Bank

Standard Lesotho Bank has discovered that there is a fraud scheme targeting some of our Clients’ accounts. Investigations are ongoing; however, it can be confirmed at this stage that there was a syndicate which involves some staff members and external people.

Message from the Chief Executive of Standard Lesotho Bank

You will have noted that on 20th October, Standard Lesotho Bank experienced disruption of service on our systems, which resulted in the outage of our ATMs. POS terminals and our branches were also not able to offer service, with the exception of Mobile & Internet Banking that was providing services only for some subscribers.

Accolades

  • Diamond Arrow Award Business Banking 2017, 2017

    PMR.africa

  • Diamond Arrow Award - Business Banking, 2017

    PMR.africa

  • Golden Arrow Award - Investment Services, 2016

    PMR.africa

  • Diamond Arrow Award - Personal Banking 2017, 2017

    PMR.africa

Online Banking

Customer Care Line

Lesotho
+266 2221 2221

Email

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  • Annual Financial Results