Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fourth edition of its flagship Digital Skills Empowerment Programme (DiSEP 4.0). This initiative underscores the company’s longstanding commitment to empowering young Nigerians and actively promoting digital transformation within…
By Esther Agbo At the 2024 Agribusiness Breakfast Summit, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, solidified its role in Nigeria’s agricultural transformation by shifting its focus toward agro-processing as a key driver of economic growth. Themed “Driving…
By Esther Agbo Stanbic IBTC Holdings Plc has reported a remarkable 71 percent increase in profit after tax, reaching N116.36 billion in the first half of 2024, up from N67.92 billion in the same period last year. This growth comes…
Stanbic IBTC Holdings Plc has announced the retirement of Salamatu Suleiman as an independent non-executive director on the board of the company, effective July 26, 2024. A statement affirmed that the retirement followed the completion of her regulatory tenure on…
The Board Stanbic IBTC Plc will seek shareholders’ approval to establish a Debt Issuance Programme of up to N400 billion to issue diverse debt securities through various methods and terms, subject to the grant of all required approvals from the…
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has announced its strategic partnership with Stanbic IBTC Bank which will focus on cash deposits and withdrawals for Smartcash customers across Nigeria. The new collaboration between the two visionary companies…
The business environment in Nigeria recorded an improvement in December 2023 with the Purchasing Managers Index rising to 52.7 from 48.0 in November, according to the latest PMI report released by Stanbic IBTC. Despite the increase, the business outlook for…
The board of Stanbic IBTC Holdings Plc has announced a delay in the release of its Half-Year (HY) financial results as it seeks the approval of the Central Bank of Nigeria. This was disclosed in the company’s statement to the…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced various board appointments across the Group. The appointments are a reflection of the Group’s commitment to strengthening its leadership teams and driving continued growth and innovation in the…
The creditworthiness of Stanbic IBTC Holdings and its subsidiaries has been affirmed by a global rating agency, Fitch Ratings. The National Long-Term Ratings of the leading end-to-end financial institution in Nigeria has been affirmed at ‘AAA (nga)’ with a Stable…
