Tags: stanbic ibtc bank

The Nigerian private sector remained in growth territory at the end of the second quarter, although recent challenges around cash shortages led to weaker new order growth and a renewed decline in output. As a result, business conditions improved at the weakest rate for almost a-year-and-a-half. Companies responded by raising their staffing levels, purchases and…

Strengthening Nigeria’s Healthcare System through Strategic Partnerships

In fulfilment of its corporate social investment initiative pillars in Education, Economic Empowerment and Health, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, continued to partner with stakeholders in the Nigerian health sector to further strengthen the system and give Nigerians access to quality and affordable healthcare. Wole Adeniyi, Chief Executive, Stanbic…

Atedo Peterside Urges Young Nigerians to Standout in their Business Pursuit

The Founder of Stanbic IBTC Bank + President & Founder, Anap Foundation, Mr. Atedo Peterside, has charged Nigerian youths to renew their commitment towards excellence that can make them stand out in their personal and business pursuits thereby earning them pride of place among exceptional Nigerians that have contributed to the nation’s development. He however…

Stanbic IBTC Introduces Smart Loan to Support Customers

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account with their Asset Management arm access a loan to enable them meet their medium-term financial obligations. According to the bank, the devaluation of the naira due to the global economic downturn…

Stanbic IBTC Bank launches its SMS Banking Solution with Funds Transfer, Bill Payment Functionalities

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has launched its 3S (SMS/Self Service) Banking Solution with funds transfer and bill payment capabilities. This is unique a SMS banking solution with a bundle of functionalities. This service will enable customers initiate transactional and non-transactional banking activities by sending a short message from…

Stanbic IBTC Bank Nigeria PMI: Business Conditions Continue To Improve Amid Stronger Client Demand

February data signalled another modest expansion in the Nigerian private sector, underpinned by solid growth in new orders and output. Companies continued to expand their purchasing activity and resumed hiring efforts during the month. Signs of spare capacity were again evident, with a fresh record reduction in backlogs registered. Meanwhile, unfavourable exchange rate movements, higher…

Stanbic IBTC Receives Outstanding Community Service Award

In recognition of its meritorious contributions to the development of Olambe Community in Ogun State, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has been honoured with the Outstanding Community Service Award in the Corporate Social Responsibility (CSR) category. The award, organised by Ascend Hotels Limited, in conjunction with Rainbow Entertainment was…

Stanbic Bank Staff Runs Away With Customers’ Money

At the moment, an employee of Stanbic IBTC is on the run and the reason is not far-fetched. It was reported that the staff of the financial institution has bolted away with money collected from customers with the promise of giving them juicy interest ranging from 18 to 20 percent of their initial deposit. According…

CBN Gov, MTN, Stanbic IBTC In Messy $8b Scam

Going by a report recently published by National Daily newspaper, the controversial Governor of Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, has been fingered in a money laundering fraud. The amount involved in the scam is said to be $8 billion. MTN and Stanbic IBTC bank were also implicated in the scam. Read the…