Nigeria’s Pension Commission (PenCom) has named Stanbic IBTC Bank as one of the banks to process Retirement Savings Account (RSA) backed mortgages. PenCom’s RSA Backed mortgage initiative allows contributors to use up to 25% of their contribution as equity to…
Stanbic IBTC says ready for seamless transactions as cashless policy goes into force
Stanbic IBTC Bank has announced its readiness for seamless financial transactions as the cashless policy by the Central Bank of Nigeria (CBN) takes effect. In line with the policy, and reducing reliance on cash transactions while promoting financial inclusion by…
Stanbic IBTC Bank continues to reward savvy savers
Stanbic IBTC Bank Plc has continued to reward its customers for their commitment to saving. In its January edition of the Reward4Saving Promo Season Two, the bank, a subsidiary of Stanbic IBTC Holdings Plc, rewarded 70 more customers with cash…
Stanbic IBTC restates support for business, economic growth
Stanbic IBTC Bank has restated its commitment to support business growth in 2023 through its array of tailor-made financial solutions. The end-to-end financial services provider emphasised that it will not relent in its efforts to provide accessible funding for individuals…
Stanbic IBTC introduces special Valentine package for SMEs
Stanbic IBTC Bank has provided juicy options for its customers to enjoy access to cash flow to scale their business in preparation for the upcoming season of love celebrations. The organisation, a member of Stanbic IBTC Holdings, said in a…
Stanbic IBTC Bank Nigeria PMI: Employment growth quickens amid efforts to deal with workloads
The Nigerian private sector registered a slight loss of growth momentum in January, according to Stanbic IBTC Bank Nigeria Purchasing Managers’ IndexTM (PMI®). Output and new business continued to rise markedly, but at softer rates than at the end of…
Stanbic IBTC Reward4Saving Promo sees more customers win big
Stanbic IBTC Bank has rewarded 77 customers with cash prizes in the ongoing Reward4Saving Promo 2.0 during the quarterly draws which held recently. According to a statement by the bank, a subsidiary of Stanbic IBTC Holdings, 10 winners walked away…
Stanbic IBTC Bank Nigeria PMI®: Output growth quickens to 5-month high
The end of the third quarter of 2022 saw growth gather momentum in the Nigerian private sector. Sharper rises in output and new orders were recorded, while there were emerging signs of capacity pressures. Cost inflation remained elevated, in large…
Stanbic IBTC advocates collaboration & innovative financing solutions to boost healthcare
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has advocated effective collaboration among stakeholders and launching of innovative financing solutions as means of boosting the healthcare industry in Nigeria. According to a statement, while speaking during the panel session…
Stanbic IBTC rewards more Nigerians with cash prizes at monthly draws
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…