stanbic ibtc bank

Stanbic IBTC subsidiaries receives ISO 9001: 2015 Certifications

Three Stanbic IBTC subsidiaries namely – Stanbic IBTC Pensions, Stanbic Asset Management Limited and Stanbic IBTC Trustees Limited, have received the ISO 9001:2015 certifications, the latest in the series of global quality management system. The Lead Auditor, DQS Management Nigeria Limited, a leading global certification body for quality management systems and organisational health, Mr. Lawrence […]

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stanbic ibtc bank

Stanbic IBTC Holdings profit after tax rises by 51 pct; earned ₦28.52 billion

Stanbic IBTC Holdings Plc has declared an  financial statements for the year ended 31 December 2016. Result showed the group’s profit after tax rose by 51 per cent from ₦18.90 billion earned in 2015 to ₦28.52 billion in 2016. This showed that the bank has cleared a backlog of financial reports occasioned by restrictions imposed […]

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UBA House

UBA takes 30% haircut on 9mobile loans

Pan-African banking outfit, United Bank for Africa (UBA) Plc, said it has made provisions on loans to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The bank did not give details of the provision but said it had a ₦38 billion ($125 million) exposure to 9mobile. UBA said the exposure was secured. It can […]

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