Corporate profile > Subsidiaries > Non-banking subsidiaries - Other subsidiaries and associated undertakings - Diagrammatic representation of subsidiaries Banking subsidiaries Associated undertakings Non-banking subsidiaries As at 31 December 2008   Nature of operation Nominal share capital issued Rm Effective holding Book value of shares Net indebtedness 2008 % 2007 % 2008 Rm 2007 Rm 2008 Rm 2007 Rm Non-banking subsidiaries Accelerator Fund 1 (Pty) Limited3 Securitisation vehicle Accelerator Fund 2 (Pty) Limited3 Securitisation vehicle Alisier Investments (Pty) Limited3 Investment holding company ** 100 100 Blue Banner Securitisation Vehicle RC1 (Pty) Limited3 Mortgage financing Blue Bond Investments Limited1 Participation mortgage bond finance ** 100 100 Blue Granite Investments No. 1 (Pty) Limited3 Securitisation vehicle Blue Granite Investments No. 2 (Pty) Limited3 Securitisation vehicle Blue Granite Investments No. 3 (Pty) Limited3 Securitisation vehicle Blue Granite Investments No. 4 (Pty) Limited3 Securitisation vehicle Blue Titanium Conduit Limited3 Asset backed commercial paper conduit Diners Club (SA) (Pty) Limited1# Travel and entertainment card ** 100 100 Erf 224 Edenburg (Pty) Limited Property owning and investing company ** 100 100 Gleneagles Retail Centre (Pty) Limited Property owning and investing company ** 100 100 Grand Central Shopping Centre (Pty) Limited Property owning company ** 100 100 Liberty Group Limited1,4 Insurance company 28 54 33 Liberty Holdings Limited5 Insurance holding company 26 54 59 7 668 3 503 Melville Douglas International Limited (British Virgin Islands)1# Portfolio management ** 100 100 Melville Douglas Investment Management (Pty) Limited# Portfolio management ** 100 100 53 53 SBIC Finance Limited (Isle of Man)1# Project finance ** 100 100 SBIC Investments S.A. (Luxembourg)1# Investment holding company 287 100 100 SBN Holdings Limited Bank holding company ** 100 100 SML Limited (Isle of Man)1 Investment holding company ** 100 100 SMT Limited (Isle of Man)1 Investment holding company ** 100 100 Stanbic Africa Holdings Limited (United Kingdom)2 Investment holding company 351 100 100 1 930 1 930 Stanbic International Insurance Limited (Isle of Man)1 Insurance company 1 100 100 Standard Americas, Inc (United States of America)1# Trading company ** 100 100 Standard Bank Fleet Management (Pty) Limited Fleet management ** 100 100 Standard Bank Fund Administration Jersey Limited (Jersey)1 Portfolio management 1 100 100 Standard Bank Fund Managers Jersey Limited1# Fund administration ** 100 100 Standard Bank Group International Limited (Isle of Man) Investment holding company ** 100 100 13 435 5 220 Standard Bank Insurance Brokers (Pty) Limited1 Insurance broking ** 100 100 Standard Bank London Holdings Plc (United Kingdom)1 Investment holding company 1 771 100 100 Standard Bank Manx Holdings Limited (Isle of Man)1 Investment holding company 1 100 100 Standard Bank Offshore Group Limited (Jersey)2 Investment holding company 17 100 100 49 49 Standard Bank Offshore Trust Company Jersey Limited (Jersey)1# Trust company 3 100 100 Standard Bank Trust Company (Isle of Man) Limited (Isle of Man)1# Trust company 1 100 100 Standard Bank Trust Company (Mauritius) Limited (Mauritius)1# Trust company ** 100 100 Standard Capital Japan Co. Limited1 Loan origination and money lending 3 100 100 Standard Executors and Trustees Limited# Trust company ** 100 100 Standard Finance (Isle of Man) Limited (Isle of Man)1# Finance company ** 100 100 Standard Financial Markets (Pty) Limited# Stockbrokers ** 100 100 Standard Insurance Limited Short-term insurance 15 100 100 30 30 Standard International Holdings S.A. (Luxembourg)2# Investment holding company 157 100 100 99 99 Standard London (Asia) Sendirian Berhad (Malaysia)1 Introducing broker 1 70 70 Standard New York, Inc (United States of America)1# Investment holding company ** 100 100 Standard New York Securities, Inc (United States of America)1# Securities broker/dealer 37 100 100 Standard Resources (China) Limited1 Trading company 1 100 100 Standard Securities (Asia) Limited (Hong Kong)1 Securities company 156 100 100 Standard Ünlü Menkul Degerler A.S.1 Securities broker/dealer ** 67 67 Stanlib Limited1 Wealth and asset management ** 54 33 27 Stanvest (Pty) Limited Investment holding company ** 100 100 Triskelion Trust Company Limited1 Trust company ** 100 100 Miscellaneous Finance companies 100 100 95 282 (316) (582)   47 375 33 682 3 005 (487)   The nominal share capital issued of foreign subsidiaries has been stated in the above table at their rand equivalents at the rates of exchange ruling on the dates of provision of capital. Detailed information is not given in respect of subsidiaries which are not material to the financial position of the group. 11Held indirectly. 2 Effective holding comprises direct and indirect holdings. 3 Special purpose entity, no shareholding. 4 Delisted from JSE on 1 December 2008. 5 Listed on JSE. ** Issued share capital less than R1 million.   Disclaimer | Conditions of access | Privacy and security statement| Site specs | Security centre | Fica