Tags: stanbic ibtc bank

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…