Stanbic IBTC Holdings Plc is looking to raise N150 billion through a rights issue programme and N400 billion through a debt issuance programme, amounting to a total of N550 billion. These were part of the resolutions during the group’s Annual…
The Board of Directors of Stanbic IBTC Holdings Plc has announced the appointment of Mr Yinka Sanni as a Non-Executive Director. This was contained in the company’s notice to the Nigerian Exchange Limited (NGX). According to the company, the appointment…
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has announced the first-of-its-kind partnership with Bento Africa, to offer more value to Nigerian businesses of all sizes. Bento Africa is a payroll and Human Resource Management (HRM) company…
Stanbic IBTC Stockbrokers Limited, a subsidiary of Stanbic IBTC Holdings PLC, has introduced the Stanbic IBTC Stockbroking Zero Account Opening campaign to help drive local participation in the capital market. The campaign, the company said, is targeted at removing the…
By Asishana John The Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, has partnered with the National Council of Registered Insurance Brokers (NCRIB) to provide qualitative services to Nigerians and improve the insurance industry in general. Chief…
By Kayode Tokede Stanbic IBTC Holdings Plc has announced 40 per cent drop in profit in its nine months ended September 30, 2021 unaudited result and accounts. The Holdings on the Nigerian Exchange Limited (NGX) posted a Profit after tax…
By Kayode Tokede Union Bank of Nigeria Plc, Stanbic IBTC Holdings Plc, Sterling bank Plc have reported N81.8billion bad loans or Non-Performing Loans (NPL) in 2020. The NPL reported by these three Tier-2 banks dropped by nearly three per cent…
By Kayode Tokede Stanbic IBTC Holdings Plc has notified the Nigerian Exchange Limited (NGX) and esteemed stakeholders of its decision to release audited half year financial result and accounts for period ended June 30, 2021. The company Secretary, Stanbic IBTC…
