The board of directors of Stanbic IBTC Holdings Plc has appointed Babatunde Omotowa as an Independent Non-Executive Director, following the receipt of all required regulatory approvals. This is contained in a disclosure signed by the company Secretary,Chidi Okezie, and filed…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria. PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded more customers in its ongoing Reward4Saving Promo Season 2, with 70 Nigerians from different regions winning 100,000 each in its monthly draws, which held recently in Lagos State. The…
By Philemon Adedeji Despite nume rous challenges in banking sector, Stanbic IBTC delivered an impressive performance for the half year audited financial results ended June 30, 2022. The group recorded profitability across all key parameters most significantly profit before tax that…
Stanbic IBTC Plc has announced an interim dividend of N1.50 per ordinary share of 50 kobo each, subject to deduction of appropriate withholding tax and regulatory approval. In a disclosure filed to the exchange by the company, this will be…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, would host the 2022 Stanbic IBTC Africa China Trade Expo as part of its efforts at promoting trans-regional trade and development between Nigeria and China. The trade expo would feature…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has held the second edition of its Women in Tech event. The event is a celebration of women in the Nigerian tech space while encouraging more women and young girls…
Access Bank, GTBank, Stanbic IBTC, Zenith Bank, Anheuser-Busch Inbev and 20 others have made LinkedIn’s Top 25 best places to work in Nigeria in 2022. This was disclosed by LinkedIn, a global professional network company, in a statement made available…
The Central Bank has fined four banks for flouting its directive on cryptocurrency transactions. The CBN had in February 2021 ordered all banks to close accounts of anyone who transacts in cryptocurrency. According to the CBN, dealing in cryptocurrency or…
The Central Bank of Nigeria (CBN) has fined Nigerian commercial bank, Stanbic IBTC a total of N200 million for failing to obey the regulations prohibiting cryptocurrencies transactions by consumers. Recall that efforts have been made by the CBN to tighten…
