Financial Reports from Leading Banking Institutions

Annual Reports and Financial Statements

The Savings Banks Group, including Central Bank of Savings Banks Finland Plc and Sp Mortgage Bank Plc, annually publishes a comprehensive Annual Report. This report includes the Savings Banks Finance Group Financial Report, Board of Directors Report, and Consolidated IFRS Financial Statements as of December 31st. These documents provide a detailed overview of the group's financial performance, operations, and strategic direction.

Board of Directors Report

The Board of Directors Report presents the group's governance, risk management, and oversight practices. It also highlights key achievements, challenges, and future priorities.

Consolidated IFRS Financial Statements

The Consolidated IFRS Financial Statements provide a comprehensive view of the group's financial position, financial performance, and cash flows in accordance with International Financial Reporting Standards (IFRS). These statements are audited and provide assurance on the accuracy and reliability of the reported financial information.

Standard Bank Group Annual Report

As the largest subsidiary of Standard Bank Groups SBG, The Standard Bank of South Africa Limited publishes its own Annual Financial Statements. These statements cover the financial year ending December 31st and include detailed information on the bank's financial performance, operations, and risk management.

Bank Credit Growth

According to the reported financial data, bank credit recorded its lowest annual growth rate since 1997, decreasing from 7.8% in October 2016 to 5.9% in October 2023. This slowdown reflects the impact of economic headwinds and cautious lending practices by banks.