Chief Executive, Stanbic IBTC Holdings PLC, Yinka Sanni, has assured Nigerians that Stanbic IBTC Bank remains strong, stable and sustainable in its operations. Stanbic IBTC Holdings PLC posted a profit of N36 billion for the half-year which ended June 30, 2019 and rewarded shareholders with an interim dividend of N10.2 billion at 100 kobo per…
At a recent function in Abuja, the Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, delivered a lecture where he revealed that there has been a consistent decline, over the past three years, in the recorded rate of successful fraud incidences, thefts and forgeries in the banking industry. Specifically, Ibrahim said…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has been recognized for its robust and exceptional human resource practices, thus reaffirming its status as a leading employer brand at the HR People Magazine Awards 2019 Awards held recently in Lagos. Stanbic IBTC won the Best Training, Learning & Development Strategy 2018 and the…
In an effort to consolidate on its impressive financial performances and market leadership across the financial services spectrum, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced a number of Board appointments in some of its subsidiaries. The appointments, which are expected to bring fresh thinking and ideas as well as energy…
As schools reopen for another session following the Christmas and New Year festivities, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, has reassured parents and guardians of the bank’s readiness to help minimize the financial burden of paying their children/wards fees as well as maximize a stress free payment process through its…
In the second quarter of this year, Stanbic IBTC, a member of Standard Bank Group, facilitated a staggering $589.84 million capital inflow into the country, ranking it first among financial institutions that imported capital into Nigeria. The Nigerian Bureau of Statistics (NBS), in its Capital Importation Q2 2017 Report, stated that Stanbic IBTC accounted for…
The sum of N50 billion has been slammed on Stanbic-IBTC bank Plc and CRC Credit Bureau limited as general damages for false, malicious and injurious falsehood publication against one of its customers, Longterm Global Capital Limited. Justice Candide-Johnson of a Lagos High Court, who gave the ruling, also ordered the bank and CRC Credit Bureau…
Stanbic IBTC Bank Plc has been dragged to a Lagos High Court by a limited liability firm for an alleged breach of contract. The company, Infinity Snacks and Beverages Limited, accused the bank of making it suffer economic misfortune as a result of the development. In a statement of claim filed before Justice A. M.…