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 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…
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…
Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings PLC, and Nigeria’s largest stockbroking firm with a market share of over 10 per cent of the value of shares traded on the floor of the Nigerian Exchange Limited has removed the minimum stockbroking account-opening balance for individuals to allow zero set up amount via its…
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…
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…
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…
In line with its resolve to positively impact Nigerian communities, thereby engendering a better society for all, Stanbic IBTC Holdings has reconstructed the vocational centre at the Borstal Training Institute (BTI) located in Abeokuta, Ogun State. The BTI is a juvenile arm of the Nigerian Correctional Service set up to correct, train, reform, rehabilitate, and…
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, recently hosted a webinar where it reiterated its zeal and commitment to assisting the Small and Medium Enterprises (SMEs) ecosystem in Nigeria. The webinar themed “Scaling Your Business in Challenging Economic Times”, was well attended by enthusiastic entrepreneurs looking to overcome the economic challenges…
Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with international solid trade portfolios tend to grow faster, innovate more and provide higher incomes and economic opportunities for their citizens. Beyond integration into the global economy through trade and global value chains that help drive economic growth, open trade also benefits low-income…