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Tag Archives: Stanbic IBTC Bank PLC

Private Sector Records 2.9 % Growth in April

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 …

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Stanbic IBTC Retains Fitch’s AAA Rating

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 …

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