Tag: Stanbic IBTC

Stanbic-IBTC
Business

Stanbic IBTC Pension tasks workers to plan for retirement

The Executive Director of Stanbic IBTC Pension Manager, Nike Bajomo, has encouraged employees and customers to gain the necessary knowledge to lead a comfortable life after retirement. According to The Punch, Bajomo stated this during a one-day seminar/training session organized by the company for its retiring workers and clients. She further emphasized the significance of […]

FG to restart cash transfers to poor Nigerians
Business

How naira scarcity could impact private businesses – Report

Bisola David Stanbic IBTC Bank’s February Purchasing Managers’ Index has revealed that the private sector may have suffered midway through the first quarter of the year as a result of the nationwide cash shortage in February.   According to The Punch, the headline PMI fell below the no-change threshold of 50.0 in February, registering 44.7 compared […]

News

Stanbic IBTC adopts Gombe community school

Standard Bank group, Stanbic IBTC Holdings, has explained reasons for adopting Kurba Community Primary School in Yamaltu Deba Local Government Area of Gombe State.   The Chief Executive of the bank, Dr. Demola Sogunle, said the rationale behind the gesture was to improve the quality of education in public schools within the country, with its […]

Stanbic Bank Kenya bets on startups with $100m investment
Banking

Stanbic Holdings announces 38% Q3 2022 profit

Stanbic IBTC Holdings Plc, has announced a 38 per cent growth in profit after tax in its third quarter period which ended September 30, 2022, which is significantly better than its 2021 Q3 statistics.   This shows a significant rise in jts earnings than that of Q3 2021.   According to Leadership, the group nine […]

Banking News

10 banks lend customers N2.9tn in 12 months

Between December 2020 and December 2021, the combined loan portfolio of 10 Deposit Money Banks in Nigeria rose by N2.9tn, data collated from their audited financial statements show. The banks are Stanbic IBTC, Fidelity Bank Plc, Sterling Bank, Wema Bank, First City Monument Bank, Access Bank Plc, Guaranty Trust Bank Plc, United Bank for Africa […]