By Kayode Tokede Stanbic IBTC Holdings Plc has reported 50 per cent decline in profit before tax to N12.1billion in first quarter (Q1) results for period ended March 31, 2021 from N24.2billion reported in first quarter ended March 31, 2020…
…as Stanbic IBTC pays N32m penalty for cash evacuation to offshore accounts By Kayode Tokede The Central Bank of Nigeria (CBN) and the Securities Exchange Commission have imposed penalties of N277 million on Stanbic IBTC. The breakdown shows that N32million…
By Kayode Tokede Stanbic IBTC Holdings Plc on Wednesday released its consolidated and seperate annual financial statements and auditor’s report for the year ended December 31, 2020 with group’s gross earnings increased by 0.27per cent to N234.446 billion. The group’s…
By Kayode Tokede Stanbic IBTC Holdings PLC , a member of Standard Bank Group, has announced several key executive appointments across the Group, in a bid to fortify its market leadership position in the Nigerian financial services sector. The appointments…
By Kayode Tokede Stanbic IBTC Holdings PLC has highlighted its array of solutions to support businesses in the country to make the most of 2021. The solutions on offer are geared towards providing access to flexible funding for small, medium…
By Kayode Tokede Stanbic IBTC Bureau De Change Limited said it discontinued its Bureau De Change business. The holdings, Stanbic IBTC Holdings announced on the Nigerian Stock Exchange (NSE) on Wednesday that its BDC subsidiary, (Stanbic IBTC BDC) discontinued its…
By Kayode Tokede As part of its Corporate Social Investment (CSI) initiative, Stanbic IBTC Holdings PLC, has continued to make remarkable contributions to children’s lives in communities where it operates. The financial institution’s Marketing and Corporate Communications department renovated the…
