Tag Archives: Stanbic IBTC

Stanbic IBTC Offers Enhanced School Fees Payment Solutions

As schools reopen for another session following the Christmas and New Year festivities, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, has reassured parents and guardians of the bank’s readiness to help minimize the financial burden of paying their children/wards fees as well as maximize a stress free payment process through its e-solution offering. The bank said it …

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Stanbic IBTC Emerges Biggest Winner at 2018 NSE CEO Awards

In validation of their market leadership, expertise and the high standard of service quality to both local and international clients, Stanbic IBTC Stockbrokers Limited and Stanbic IBTC Capital Limited, members of Stanbic IBTC Holdings PLC, emerged the biggest winners at the recently held 2018 NSE CEO Awards, picking five out of ten award categories. Stanbic IBTC Stockbrokers Limited won two …

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Stanbic IBTC 2018 Third Quarter Profit Up By 59 Percent

Stanbic

Stanbic IBTC Holdings, a member of Standard Bank Group, has announced its nine months unaudited group results for the period ended 30 September 2018 reporting profit after tax of N59.76 billion, an increase of 59 percent for the corresponding period in 2017. Speaking on the Group’s performance, Yinka Sanni, Chief Executive of Stanbic IBTC Holdings, said: “Our business continued to …

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Stanbic IBTC Takes Financial Literacy Campaign To Covenant University

As part of efforts to impact financial knowledge on Nigerian youths, Stanbic IBTC Bank, in partnership with the Creative Youth Community Development Initiative, a Wole Soyinka Foundation, has organised a Financial Literacy forum for students of the Covenant University, Ogun State. During the programme, the participant were taken through basic issues in finance, banking and the economy. Apart from raising …

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Stanbic IBTC, Vetiva, PZ Win Big At 5th NSE Corporate Challenge

The Nigerian Stock Exchange (NSE) annual 5km race, NSE Corporate Challenge, themed, “e-Race Cancer”, was held on Saturday, September 15, 2018, at Muri Okunola Park, Lagos, with the purpose of raising funds and creating awareness on the fight against cancer. In the keenly contested race, Austin Ani of Stanbic IBTC emerged the overall winner with a completion time of 18.45 …

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CBN Fine: N1.88 billion Deducted From Stanbic IBTC Accounts

Stanbic IBTC Holdings Plc, on Thursday September 6, 2018, in a notice to the Nigerian Stock Exchange (NSE) said the Central Bank of Nigeria (CBN) has deducted N1.886 billion from the accounts of its banking subsidiary Stanbic IBTC Bank Plc. The bank said in a statement that “following our earlier announcement to The Nigerian Stock Exchange (“NSE”) on 30 August …

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Stanbic IBTC Holdings Responds To CBN Fine

Stanbic IBTC Holdings Plc (a member of Standard Bank Group) has been informed by its banking subsidiary Stanbic IBTC Bank PLC (the “Bank”) that penalties have been imposed on the Bank by the Central Bank of Nigeria (CBN) pursuant to a review of transactions relating to the remittance of foreign exchange on the basis of certain “irregular” capital importation certificates …

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Stanbic IBTC Assists Dangote Cement With Yet Another Benchmark Size Commercial Paper Offering

Stanbic

Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings PLC, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to conclude yet another issuance of N50 billion Series 3 and 4 Notes, under the recently established Dangote Cement PLC’s N150 billion CP Programme. Issuance of the Series 3 and 4 Notes closed on Friday 17 August …

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Stanbic IBTC Holdings lists 64.21 Million Scrip Shares

Stanbic

Stanbic IBTC Holdings Plc has listed about 64.21 million ordinary shares of 50 kobo each to raise its total outstanding shares to about 10.114 billion ordinary shares of 50 kobo each at the weekend. The supplementary shares were due to the scrip dividend scheme offered by the holding company to eligible shareholders who elected to receive new ordinary shares in …

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Stanbic IBTC Unveils New Brand Campaign

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has unveiled a new integrated marketing brand campaign. The Chief Executive Officer, Stanbic IBTC Holdings, Yinka Sanni, while speaking at a press briefing in Lagos on Tuesday, said the new campaign was reinforcing the brand’s focus of enabling customers to be all they could be. He said the campaign was …

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