Companies in Nigeria continued to be negatively impacted by strong inflationary pressures in November, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in…
Stanbic IBTC Bank launches market storm initiative to support SMEs in Nigeria
Stanbic IBTC Bank has announced that it will be storming markets across different states in Nigeria to introduce financial solutions that can transform small and medium-scale businesses. The bank, a subsidiary of Stanbic IBTC Holdings PLC, is collaborating with various…
Stanbic IBTC celebrates Children’s Day, reiterates commitment to the wellbeing of the Nigerian child
Stanbic IBTC Holdings, a member of Standard Bank Group, has joined the rest of the nation to celebrate this year’s Children’s Day and reaffirm its unwavering commitment to the upliftment and empowerment of the Nigerian child. During its Blue Kids…
Stanbic IBTC praised for supporting agribusinesses
Stanbic IBTC Bank has been recognized for its continued financial support to players in the agricultural sector in Nigeria. Sayed Farms Limited, producer and distributor of Day-old-Chicks and frozen poultry products across the country has praised the subsidiary of Stanbic…
Stanbic IBTC holds webinar for Nigerian export business owners
Stanbic IBTC Bank has empowered export business owners with the knowledge and resources needed to succeed in the export trade sector The bank, a subsidiary of Stanbic IBTC Holdings Plc, said in a statement that this was through its recently…
Stanbic IBTC announces new board appointments
Stanbic IBTC Holdings PLC has announced the appointment of new directors across the Group following the receipt of all necessary regulatory approvals. The member of Standard Bank Group said in a statement that underscoring its well-established succession planning policy and…
Stanbic IBTC, eha Impact Ventures partner to finance Nigerian primary care provider EHA Clinics
eha Impact Ventures announced its collaboration with Stanbic IBTC to de-risk a $300,000 loan to EHA Clinics, a world-class primary healthcare provider in Nigeria. Stanbic IBTC’s loan will fund EHA Clinics’ expansion to two new locations: Lekki, Lagos, and Lugbe,…
Stanbic IBTC donates to 100s of families affected by floods in Kogi, Anambra, Delta, Bayelsa and Rivers
Stanbic IBTC Holdings, a member of the Standard Bank Group, made donations of non-food relief items worth 20 million naira to 650 families. The donations were made in support of the Nigerian government’s efforts to provide relief to victims of…
Stanbic IBTC records 41% increase in gross earnings in 9 months
Stanbic IBTC, a member of Standard Bank Group, has announced its nine months unaudited results for the period ended 30 September 2022. In the first nine months of 2022, the lender grew its gross earnings by 41 per cent to…
Check the Nigerian banks with highest dollar inflow…no it’s none of the top 5
The National Bureau of Statistics (NBS) has revealed that Citibank, Standard Chartered, and Stanbic IBTC were the highest contributor to the dollar inflows into the Nigerian economy within January to June of 2022. According to the NBS report, a total…
