Stanbic IBTC Bank has emerged as a major driver of Nigeria’s impressive capital importation growth in the first quarter of 2024. According to the National Bureau of Statistics (NBS), Nigeria attracted $3.38 billion in foreign investment, a 210% increase compared to the previous quarter up from the $1.09 billion recorded …
Read More »Stanbic IBTC Rewards Loyal Savers with N7 Million in March Draw
…70 Customers Win Big in Ongoing Promo Stanbic IBTC Bank continues to reward its customers for their savings habits. In the latest draw for the Reward4Saving 3.0 promo, 70 new customers received a total of N7 million. Each winner received N100,000 for maintaining a minimum balance of N10,000 in their …
Read More »Stanbic IBTC Nominees Now Best Sub-Custodian Bank in Nigeria
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 …
Read More »Stanbic IBTC Bank Partners WellaHealth, Provides Digitised Health Insurance for Customers
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. …
Read More »Stanbic IBTC Reports 57% QoQ Growth, Makes ₦55.19 Billion Profit in Q3
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 …
Read More »Stanbic IBTC Bank Nigeria PMI® – Business Conditions Continue to Improve in October
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 …
Read More »Experts Task African Countries on Intentional Development of Digital Skills
…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, …
Read More »Stanbic IBTC Announces Reward4Saving Promo Season 2 Winners
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 …
Read More »Embracing Digital Technology will Help SMEs Achieve Greater Business Efficiency – Stanbic IBTC
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 …
Read More »Stanbic IBTC Ranks Overall Best Bank in Retail, SME Segments According to KPMG Customer Experience Survey
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 …
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