How many employees work at Standard Bank Malawi?
Standard Bank Malawi Ltd. (STANDARD) has approximately 895 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Standard Bank Malawi's total headcount has grown 30.1% from 687 employees in 2023 to 895 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
About Standard Bank Malawi's Workforce
Standard Bank Malawi Ltd. (STANDARD) is a Financial Services company that employs 895 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1969, the company is headquartered in Lilongwe, Malawi and trades on the Malawi Stock Exchange.
Standard Bank Malawi's workforce has grown 30.1% from 2023 to 2026, up 8.9% year over year in 2026. Its workforce is concentrated most in Malawi (98.4%), followed by South Africa (1.2%) and Kenya (0.2%), with Malawi, its fastest-growing location, up 4.4%.
Standard Bank Malawi's largest functional groups are Finance and Operations (56.3%), Sales and Marketing (22.2%), and Engineering (21.5%), with Engineering growing fastest (up 8.4%). Median employee tenure is 3.7 years. The average salary is $11,835, with regional pay patterns showing a median of $8,000 in Sub-Saharan Africa.
An unusually geographically concentrated workforce, the bulk of it in Malawi, stands as the company’s most distinctive trait. Malawi accounts for the vast majority of headcount and shows growth, while other regions contribute small shares and limited growth. The country mix and growth patterns shape the overall staffing profile, with Malawi remaining the fastest-growing location among the top contributing countries.
Sourced from Revelio Labs workforce data.
As of March 2026
Standard Bank Malawi
workforce metrics
Headcount
895
8.9% YoY
Avg. Salary
$11.8k
0.3% YoY
Tenure
3.7yr
0.4yr YoY
Growth Rate
8.9%
1.0pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Standard Bank Malawi. Compare to peers, export the dataset, and access the full quarterly history.
- Standard Bank Malawi had 895 employees in 2026, a 8.9% increase (+76) from 2025.
- Standard Bank Malawi had 871 employees in 2025, a 9.3% increase (+77) from 2024.
- Standard Bank Malawi had 794 employees in 2024, a 10.5% increase (+79) from 2023.
- Standard Bank Malawi had 715 employees in 2023, a 6.9% increase (+48) from 2022.
Standard Bank Malawi's total workforce has grown from 687 employees in 2023 to 895 in 2026.
Standard Bank Malawi Ltd. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 895 | +76 | +8.9% |
| 2025 | Q4 | 871 | +77 | +9.3% |
| 2025 | Q3 | 852 | +71 | +8.7% |
| 2025 | Q2 | 844 | +71 | +8.8% |
| 2025 | Q1 | 819 | +77 | +9.9% |
| 2024 | Q4 | 794 | +79 | +10.5% |
| 2024 | Q3 | 781 | +72 | +9.6% |
| 2024 | Q2 | 773 | +86 | +11.7% |
| 2024 | Q1 | 742 | +70 | +9.8% |
| 2023 | Q4 | 715 | +48 | +6.9% |
| 2023 | Q3 | 709 | +58 | +8.5% |
| 2023 | Q2 | 687 | +46 | +6.9% |
Want to see Standard Bank Malawi's complete headcount history back to 2008, including quarterly breakdowns?
Malawi accounts for the largest share of Standard Bank Malawi's global workforce with approximately 98% of total employees, followed by South Africa and Kenya. Standard Bank Malawi's headcount in Malawi is growing fastest among its major locations, up 4.4% year over year in 2026.
Standard Bank Malawi employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Malawi | 883 | 98.4% | +4.4% |
| South Africa | 11 | 1.2% | +0.0% |
| Kenya | 1 | 0.2% | +0.0% |
| Bahrain | 1 | 0.1% | +0.0% |
| United States | 1 | 0.1% | +0.0% |
| United Kingdom | 0 | 0.0% | -190.9% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Standard Bank Malawi's largest employee groups are Finance and Operations (56.3%), Sales and Marketing (22.2%), and Engineering (21.5%).
Standard Bank Malawi employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 508 | 56.3% | +3.8% |
| Sales and Marketing | 200 | 22.2% | +1.0% |
| Engineering | 194 | 21.5% | +8.4% |
Compare Standard Bank Malawi's department mix to industry peers.
Standard Bank Malawi's average employee salary is $11,835 globally. Employees in Sub-Saharan Africa receive the highest compensation.
Standard Bank Malawi median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Sub-Saharan Africa | $8,000 |
Unlock salary by role, level, and city — and compare to Standard Bank Malawi's industry peers.
Similar Financial Services Companies by Employee Count
- How fast is Standard Bank Malawi growing?
- In 2026, Standard Bank Malawi's headcount grew 8.9% to 895 employees, up from 819 in 2025.
- Where are Standard Bank Malawi employees located?
- Most Standard Bank Malawi employees are based in Malawi (98.4% of headcount), followed by South Africa and Kenya.
- What is the average salary at Standard Bank Malawi?
- The average employee salary at Standard Bank Malawi is approximately $11.8k per year.
- When was Standard Bank Malawi founded and where is it headquartered?
- Standard Bank Malawi was founded in 1969 and is headquartered in Lilongwe, Malawi.
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