The KPMG 2022 Nigeria Banking Industry Customer Experience (CX) Survey has rated Stanbic IBTC Bank Plc high in retail and corporate banking in the country. According to the report, Stanbic IBTC Bank occupied the first position with a 73.8 CX score out of 100 in the retail segment and sustained …
Read More »Stanbic IBTC Gets Highest GCR Rating AAA (NG) with Stable Outlook
The foremost credit rating agency, Global Credit Ratings (GCR) upgraded the national scale long-term issuer rating assigned to Stanbic IBTC Bank PLC to AAA(NG) from AA+(NG) and affirmed the national scale short-term issuer rating at A1+(NG), with a Stable Outlook. The upgrade made Stanbic IBTC Bank the only financial institution …
Read More »Embracing Digital Technology will Help SMEs Achieve Greater Business Efficiency – Stanbic IBTC
Stanbic IBTC Holdings Plc, has urged small and medium size enterprises (SMEs) in Nigeria to digitise their products and services to drive business efficiency. The call was made during the 2022 Enterprise Banking webinar organised by Stanbic IBTC, Themed ‘Your Business, Our Business: Accelerating Business Growth’, the webinar featured seasoned …
Read More »Sola David-Borha Takes Over from Barend Kruger as Stanbic IBTC Chairman
The Board of Stanbic IBTC Bank PLC has announced the appointment of Mrs Sola David-Borha as Chairman of the Board, effective November 26. Sola recently retired as Chief Executive, Standard Bank, Africa Regions. She was previously Chief Executive of Stanbic IBTC Holdings PLC and prior to that, was also Chief …
Read More »Stanbic IBTC Receives Recognition Across Various Sectors
Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation’s outstanding performance across various facets of Nigeria’s financial industry and its contribution to the development of the Nigerian economy. The most recent was the emergence of Stanbic IBTC Bank PLC as the Best Sub-Custodian Bank in …
Read More »Private Sector Records 2.9 % Growth in April
Nigerian private sector expanded by 2.9 percent in April, 2021 underpinned by further growth in output and new orders, according to Purchasing Manufacturing Index, PMI released by Stanbic IBTC Bank Plc. The PMI shows that firms increased their workforce and inventory holdings in anticipation of greater demand, while vendor performance …
Read More »Stanbic IBTC Receives Outstanding Community Service Award
In recognition of its meritorious contributions to the development of Olambe Community in Ogun State, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been honoured with the Outstanding Community Service Award in the Corporate Social Responsibility (CSR) category. The award, organised by Ascend Hotels Limited, in …
Read More »Stanbic IBTC Retains Fitch’s AAA Rating
Globally renowned credit rating agency, Fitch Ratings, has reaffirmed that Stanbic IBTC Holdings PLC and its subsidiary, Stanbic IBTC Bank PLC, have retained their National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ ratings. Fitch Ratings is a leading provider of credit ratings, commentary and research for global markets. The National …
Read More »Stanbic IBTC Supports Educational Institutions with School Loans
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a School Loan product for private primary, secondary and tertiary institutions, to enable them meet their short-term financial requirements. After several months of physical and economic disruption due to the COVID-19 pandemic, schools are gearing up for …
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