Tag Archives: Stanbic IBTC Bank

Latest PMI data indicated that the Nigerian private sector continued to recover from the cash crisis in May as access to money improved and business conditions returned to normality. Output and new orders expanded for the second month running, with the latter increasing at the fastest pace in just over a year.

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Chief Executive'S Officer, Stanbic IBTC Bank Dr Demola Sogunle, Country Head Public Sector Stanbic IBTC Bank Hajia Hauwa Bello and Director General, Securities and Exchange Commission Mr Lamido Yuguda during a Meeting between The SEC and Stanbic IBTCBank on Thursday in Abuja.

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Following the appointment of Mr Yinka Sanni as Regional Chief Executive (West Africa) for Standard Bank Group, the Stanbic Bank group has announced the appointment of Mr Demola Sogunle as the new Chief Executive officer of the Stanbic IBTC Holdings PLC and Wole Adeniyi as the Chief Executive officer of Stanbic IBTC Bank PLC.

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As the impact of the coronavirus (COVID-19) continues to ravage various economies across the globe, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has advised that Nigeria and her citizens must take proactive measures needed to avoid the looming recession that is expected to follow the pandemic.

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Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reaffirmed its exemplary role in promoting the tenets of gender balance in the country. The leading end-to-end financial solutions provider has emerged top of the list of Nigerian banks with the highest female representation on its board of directors.

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As part of the plans to safeguard the lives of its staff and customers and also prevent the spread of Covid-19, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced that it has started running skeletal operations, effective Wednesday, March 25, 2020.

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Stanbic IBTC Holdings Plc, a member of Standard Bank Group, is set to host the third edition of its Youth Leadership Series. The Youth Leadership Series is an annual event which is fashioned after the Business Leadership Series, also organized annually by Stanbic IBTC. It is a platform designed to engage young Nigerians, thus empowering them to become the future business leaders. 

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The Central Bank of Nigeria (CBN) has fined Stanbic IBTC Bank about N2 billion for violating the CBN guidelines and for committing other sundry offences in 2018 accounting year, details of which are contained in the bank’s financial statement for the year ended December 2018.

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The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has entered into a N50 billion agriculture financing partnership with Stanbic IBTC Bank for the 2017 and 2018 dry and wet seasons. A Memorandum of Understanding was signed in Abuja by the Managing Director, NIRSAL, Aliyu Abdulhameed, and his Stanbic IBTC Bank counterpart, Dr. Ademola Shogunle. Under the terms of the …

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Dr Demola Sogunle, Chief Executive, Stanbic IBTC Bank Plc Stanbic IBTC Bank Plc has received approval from the FMDQ OTC Plc for the renewal of its shelf registration of N100 billion Multicurrency Commercial Paper (CP) Programme. The renewal of the Programme, initially established in 2012 in compliance with the Central Bank of Nigeria (CBN) guidelines for CP issuance, clearly demonstrates …

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