Tag Archives: Stanbic-IBTC

Stanbic IBTC Nominees, a subsidiary of Stanbic IBTC Bank, has been honoured with the prestigious Best Sub-Custodian Bank Award in Nigeria at the 2023 Global Finance Awards. This feat marks the 15th time the Bank has received this esteemed honour, reaffirming its commitment to providing innovative and efficient services to …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings has reaffirmed its commitment to the growth of Nigeria’s health sector by partnering with WellaHealth, a micro-healthcare solution company, to provide quality and affordable healthcare to Nigerians. WellaHealth, a smart health solution company, provides affordable and accessible high-quality coverage for healthcare. …

Stanbic IBTC, a member of Standard Bank Group, has announced its nine months unaudited financial results for the period ended 30 September 2022. While reporting a total gross earnings of N207.4 billion, representing a 41% increase (9M 2021: N146.6 billion) with return on average equity (annualised) up 19.2%,  supported by …

The start of the fourth quarter revealed a solid improvement in the health of Nigeria’s private sector. Output and new orders rose sharply while purchasing activity increased at an accelerated pace. At the same time, backlogs increased for the second month in a row, with a sustained accumulation of outstanding …

…Raise alarm over brain drain of digital skills in the continent Experts have raised concerns over the growing shortage of general digital skills occasioned by the brain drain in Africa, stating that such development would further lead to a rise in cyber-attacks and crimes with catastrophic consequences for businesses, governments, …

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc has rewarded several of its new and existing customers with cash prizes of ₦100,000 in the maiden draw of the season 2 of its savings promo, Reward4Saving. The first draw of this season, which took place at the Stanbic …

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 …

KPMG, a leading audit and consultancy firm, has recently adjudged Stanbic IBTC Bank as the top-rated bank in the retail and SME segments in its 2021 Nigeria Banking Industry Customer Experience Survey. Reacting to the KPMG report, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, expressed delight at the emergence of …

One of the respected financial institutions in Nigeria, Stanbic IBTC Holdings Plc, is seeking the approval of the Central Bank of Nigeria (CBN) to operate in the country’s financial technology (fintech) industry. Stanbic IBTC has built a reputation in the financial services world, including banking, investment, asset management, amongst others. …

Banks listed on the floor of the Nigerian Exchange scooped a sum of N88.9 billion from account maintenance charges in the 9-month period of 2021 (January – September). This is according to data extracted from the quarterly financial statements of the twelve listed banks. Zenith Bank, Access Bank and GTB …