Read the article below and answer ALL the questions that follow. Standard Bank Group To Reveal 2025 Ambition Dunng Vetual Sratbgy Update For lhestors And Aralysts Standard Bank Group ('Standard Bank") will host a strategic update evert wa webcast for investors and analysts today, 20 August. During the webcast, members of the Group Leadership Counal wil oulline he Group's 2025 Ambition and provide an update on its client segment and capably strakeges and gudance on fohure financal targets. Prepared presentations will begin al 11:00 am. (SAST) followed by a QSA session. Standard Bank Group 2025 Ambition Slandard Bark has made significant structural changes to better serve clents, and as of this year is primanly crganised into three client segments: Consumer and High Net Worth clenter, Business and Commercial clients, and Wholesale clients. Each of the three Clent Segments is equaly supported by its Clent Solutons, Engineering. and Innovaton capabilies. These shitts have alowed the group to realise a more integrated and seamiess delvery of fnancial serices to our diverse customser base, reduce time and cost to serve, and to inovate more quichy and ellicienty. across sub-Saharan Africa, to achieve its 2025 Ambition of being a platorm business. By bullding out from its solid foundation in traditional financial services, the group will meet its clients on the digtal platlorms where they are shopping. socialising and doing business. Standaed Bank will accomplish this by deiving or contributing to "ecosystens" - coordinated networks of particpants and devices combining its own offerings with those of partners, enabling clents and producers to fulfi a broad range of needs seamiessly. For example, Standard Bank is curtently partnering with agricullural input suppliers and whelesale crop purchasers to link Alrica's small farmers to global supply chains and markets - the Onef arm ecosystem. Standard Bank has identfied and prioritised 10 ecosystems that in ail drive or contribue to, including agrioulhure, that are clesely acjacent to what it already does in traditional financial services, and where it can add valye based on existing capacities and expertise. Standard Banks three stralegic prionties underpin evertting a does, namowing is focus and increasing the probabily of expeuting quickly and with impact: 1. Transtoem cient experience: Standard Banik will aim to understand as dients as deeply and empathefically as in can, and then to use human soill and digital capaches to help meet their needs and to shacie them to achieve their goals. 2. Execute with exoellenoe: Standard Bank will delver innovative and cost ellective probucts and services tself and in partnership with others. 3. Drive sustainable growth and valoe: Enatied by the frst two statogic priorites, the group will delver sustainable growth and value - to mean both Tong-4erm' and 'environmecally and socialy sustainabie. CEO Sim Tshabalala said: We have an almost 160-year history of sening dlents and supporaing economic development in Atrica. Today, we are the largest finanoial services group on the continent, with powerdal scale advantapes and strengths. We wil conbinue leveraging these advantages to defend and grow our curtent postion in the market. while accelerating toward our 2025 Ambition of becoming a client-centric, digtally tenahled platorm business that can compete and win in a world where compettive lines are constanty redrawn and constant innovation and reinvention is inperative to succeed." Standard Bank Group 2025 Financial Targets Standard Bank Group has set bold finanolal targets in lie with its 2025 Antilion. Highights of the frnancial taryets bo be addressed during the strategic update indude: Revenue growth of 7 to 9 percent a year, with revenue from new business models growing mere quichly than those from banking, itwestment and insurance; - Credi loss ratio within the group's through-the-cyde range of 70 and 100 besis poies: Cost-oincome rato trending toward 50 percent Common equity tier 1 capital adequacy ratio above 11 percent and Rehum on equity target range of between 17 and 20 percent. Mr Tshabaiala added, The francial targets we ie ouffining loday ase our mont inporant goul, and as such they are challenging but realistic. With a great team of highly motivaled and silled leaders and sait implementation of our revised stategy, Im confideet that we will delver for our clients and shareholders." Adapled from: Anon, 2023. Sandard Bank Group To Revea 2025 Ambibon During Vituat Srabegy Updibe For Investors And Analysts [Orline] Available from: htps ilww swandardbark.obmisbgstandard-tark-grouplwhub-hacpening hewsroomistandardbank-group-to-roveal-2025-Ambifon-doring-vitual-sratogy-update-lor thvestor-and-analyats [Accessed March 2023] Keep in mind Standard Bank's strategic priorities and financial targets. Critically discuss the importance of these goals to Standard Bank