Tags: stanbic ibtc

Ardova Plc Commends Stanbic IBTC’s Support for LPG Storage Project

AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos. The ceremony signified the official commencement of construction activities which is expected to be completed…

Stanbic IBTC Insurance Covers Super Eagles as Nigeria Commences AFCON Battle

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has taken the bold step to ensure the Super Eagles of Nigeria wins the ongoing African football tournament, the African Cup of Nations (AFCON), in Cameroun. Late last year, Stanbic IBTC and the Nigerian Football Federation (NFF) announced a meaningful partnership that would see Stanbic…

Stanbic IBTC: PMI Hits Two-Year High Amid Stronger Output and New Order Growth

The final month of 2021 revealed a robust expansion in Nigeria’s private sector with the PMI® improving to a 24-month high. Quicker uplifts in output and new orders as well as record inventory building were central to the improvement. Despite the surge in new orders, firms added to their headcounts at the softest pace for…

Stanbic IBTC and NFF Sign N2.3 Billion Annual Partnership Deal

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has partnered with the Nigerian Football Federation (NFF) to further develop football in Nigeria. The signed MoU between Stanbic IBTC and NFF is slated to be effective from 2022. Under the agreed terms, Stanbic IBTC will provide Group Life Insurance for all 35 players of…

Stanbic IBTC Infrastructure Fund Invests In 20,000MT LPG Storage Facility

  Stanbic IBTC Infrastructure Fund is delighted to announce its investment in the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal, the largest storage gas facility in Nigeria. The funding was provided to AP LPG Limited (a subsidiary of Ardova Plc) under a N12 billion senior debt facility agreement for a…

Stanbic IBTC Rewards Customers for Saving

As part of its commitment to promoting a savings lifestyle, Nigeria’s leading end-to-end financial services provider, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has launched a savings campaign. This campaign is to reward its customers for opening and depositing funds in their accounts. The savings campaign seeks to encourage customers to…

How Stanbic IBTC Has Succeeded in Attaining Gender Equity

Determined to foster gender parity and sustain its reputation as a gender-friendly organisation, Stanbic IBTC Holdings PLC continued to ensure that every female employee has equal opportunities for career growth within the group. There have been gales of promotions of deserving female employees to senior executive positions, which was perhaps unprecedented in the financial services…

Stanbic IBTC Partnership with EDC Yielding Results, about 3,000 Entrepreneurs Trained

As part of its commitment to help stimulate and grow a solid and active small and medium scale enterprises sector in Nigeria, Stanbic IBTC established the SME Capacity Building series, which has trained about 3,000 entrepreneurs in the country. To further strengthen the initiative, the Bank, in 2019, entered a partnership with the Enterprise Development…

Stanbic IBTC Receives Recognition Across Various Sectors

Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation’s outstanding performance across various facets of Nigeria’s financial industry and its contribution to the development of the Nigerian economy. The most recent was the emergence of Stanbic IBTC Bank PLC as the Best Sub-Custodian Bank in Nigeria at the 2021 edition…