30 results
- 31 Oct 2023
Stanbic IBTC Bank now Private Liability Company
Stanbic IBTC Holdings Plc has announced that its banking subsidiary, Stanbic IBTC Bank, has been re-registered as a private company limited by shares. The announcement was made in a corporate notice…
- 4 Dec 2019
Stanbic IBTC Attracts Highest Capital Inflow into Nigeria for Q3 2019
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the financial institution that attracted the highest amount of capital investment in the third quarter of 2019.…
- 9 Apr 2013
Stanbic IBTC Eases Banking Access with Stanbic Mobile App
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has unveiled its Stanbic IBTC MobileMoney App for smartphones running on BlackBerry, iOS and Android operating systems, as s part of its…
- 27 Dec 2021
Stanbic IBTC Bank Pledges to Improve Lending to Real Sector
Stanbic IBTC Bank Plc is set to improve on its lending to real sector of the economy, hence, grew its Loan to Deposit Ratio (LDR) by 69 per cent. With the regulatory measures to improve lending to…
- 9 Apr 2020
Stanbic IBTC Retains AAA, F1+ Fitch National Ratings
According to a recent report by Fitch Ratings, a globally-renowned credit rating agency, Stanbic IBTC Holdings PLC and its banking subsidiary, Stanbic IBTC Bank PLC, have retained their National…
- 9 Jan 2023
KPMG Report Rates Stanbic IBTC High in Retail Banking
Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has been named the leading bank in the retail and corporate banking in Nigeria by KPMG 2022 Nigeria Banking Industry Customer…
- 27 Feb 2019
Supreme Court Orders Stanbic IBTC Bank to Pay Customer N2.5Bn Damages
Supreme Court of Nigeria has affirmed the judgement of a Federal High Court sitting in Lagos, Southwest Nigeria that ordered Stanbic IBTC bank Plc to pay one of its customers, Mr Patrick Akinkuotu…
- 23 Feb 2009
Stanbic IBTC Unwraps Business Banking Device
Stanbic IBTC Bank has taken the wrapper off its new business online in the country that will help people at the comfort of their home or offices transact their businesses. Chris Newson, chief…
- 3 Aug 2022
Stanbic IBTC Partners Bento Africa to Offer Value Added Services
Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC Holdings Plc, has announced a partnership with Bento Africa, to offer more value to Nigerian businesses of all sizes. Bento Africa is a payroll and…
- 27 Jan 2017
David-Borha, Stanbic IBTC Bank CEO Resigns
Sola David-Borha has resigned her appointment as the chief executive officer (CEO) of Stanbic IBTC Holdings PLC, according to information sent to the Nigerian Stock Exchange (NSE). “This is to…
- 16 Nov 2021
Stanbic IBTC Provides N6.7Bn Facility for BAZE University Teaching Hospital
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has underscored its desire to help build robust education and health care systems in the country by providing funding for the…
- 21 Jul 2019
Supreme Court Refuses to Set Aside N2.5Bn Judgement against Stanbic IBTC
Stanbic IBTC Bank Plc has failed in its attempt to have the Supreme Court of Nigeria, Abuja set aside the N2.5 billion judgment delivered against the bank. The five-man panel of Justices of…
- 22 Mar 2010
Stanbic IBTC Commences Full Operations in Ado-Ekiti
Stanbic IBTC Bank Plc, a member of the Standard Bank Group, in line with its ongoing nationwide branch expansion programme, has opened a full service branch in Ado, the Ekiti State capital. The…
- 8 Mar 2018
Stanbic IBTC Launches Accelerator programme
Stanbic IBTC Bank (Nigeria) Plc, Thursday, launched own innovation hub dubbed the Blue Hub in Yaba. Speaking at the unveiling, Dr. Demole Sogunle, Chief Executive, Stanbic IBTC, disclosed that…
- 17 Dec 2019
Stanbic IBTC Named Amongst Top 10 Brands Making Impact
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been named amongst the Top 10 brands making a difference in Nigeria. The first-ever Nigeria Corporate Social Responsibility (CSR)…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 15 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 17 Mar 2021
Stanbic IBTC Insurance To Drive Innovative Solutions
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has unveiled its insurance subsidiary – Stanbic IBTC Insurance, promising Innovations to propel insurance business in Nigeria. The…
- 8 Apr 2021
CBN Freezes 84 Bank Accounts of Firms/Persons under Investigation
Central Bank of Nigeria (CBN) has secured an interim order of a federal high court in Abuja, freezing 84 bank accounts belonging to 25 individuals and companies. Those affected by the new order…
- 20 Aug 2020
Stanbic IBTC Partners United Nations on Women Empowerment
Stanbic IBTC Bank Plc has disclosed that it recently partnered the United Nations on an initiative to provide seed funding for women across the six geopolitical zones of Nigeria and the Federal…
- 22 Dec 2015
Court Orders Stanbic IBTC to Pay N4.5Bn as Compensation
A Federal High Court sitting in Lagos has ordered Stanbic IBTC Bank Plc to pay a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Longterm Global…
- 2 Aug 2010
CBN Pumps N130 Billion into Real Sector
The Central Bank of Nigeria (CBN) has released over N130 billion to small and medium scale enterprises (SMEs) through the Bank of Industry (BOI). The fund will be accessed through authorized…
- 11 Apr 2022
Stanbic IBTC Urges SMEs to Digitise Products and Services
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…
- 6 Jul 2010
Stanbic IBTC, UBA Finance Gas Pipeline Project in Akwa Ibom
Stanbic IBTC Bank Plc and United Bank for Africa(UBA) Plc have signed a US$60 million eight year project finance facility agreement to part finance the construction of a gas pipeline, gas central…