Stanbic IBTC Bank Plc and its holding company, Stanbic IBTC Holdings Plc, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings. The rating reaffirmed their strong fundamentals and stability, especially the ability to meet their financial commitments as they fall due. The two institutions recorded AAA (nga) national long-term […]
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Stanbic IBTC Pension Managers Limited said it had paid over ₦279bn to retirees since its inception in 2006. According to a statement obtained on Sunday, between January and June this year, over 5,000 new retirees also received their benefits from the PFA, increasing the number of individual retirement savings accounts holders nationwide with the firm […]
Read More Stanbic IBTC Bank has said that Nigeria’s improved ‘Ease of Doing Business’ ranking will increase foreign direct investment, FDI, in the country. Head, Trade Finance and Enterprise Banking, Stanbic IBTC Bank, Babatunde Akindele, made this assertion during an interview on the sidelines of the ‘Stanbic SME Capacity Building Series’ that was held in Lagos, yesterday. […]
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The Executive Director, Investment, Stanbic IBTC Pension Management Limited, Mr. Oladele Sotubo, has said the law mandates all employers to open temporary Retirement Savings Accounts for their workers who fail to open such accounts. He said this during an employer/employee forum organised by Stanbic IBTC Pensions in Lagos. “An employer is mandatorily required to open […]
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Stanbic IBTC Pension Managers Limited has said it will partner other stakeholders in the industry to help Nigerians to retire well. The PFA said this during the fifth edition of its employers’ forum, with the theme, “Partnering to deliver excellent pension administration services,” in Ibadan, Oyo State. According to a statement from the firm, the […]
Read More In line with its promise to help stimulate and grow a strong and viable SMEs sector, Stanbic IBTC Bank has concluded plans to host the fourth edition of its capacity building workshops scheduled to across eight cities in the country. The bank said the rationale behind its sustaining the capacity building series, stems from its […]
Read More The desire by Nigerians to get better returns on their savings received a boost with the launch of Max Yield Savings Account (MYSA) by Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC. The bank said MYSA is a high interest paying account that pays interest at fixed deposit rate (currently up to 6.2% […]
Read More Investors in Real Estate Investment Trust, REIT, have received a boost as Stanbic IBTC Holdings Plc has indicated its preparedness to support individuals and businesses interested in long-term investment in the real estate sector. The bank said that in doing so, the industry will play its catalytic role in driving growth and development of the […]
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The FMDQ OTC Securities Exchange Board’s Listings, Markets and Technology Committee has approved the registration of the Stanbic IBTC Holdings Plc N20bn Commercial Paper Programme on its platform. Issues from this programme are to be quoted on the OTC Exchange. FMDQ, which disclosed this in a statement on Sunday, said given the increasingly competitive market […]
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Office of the Debt Management Office (DMO), has named Stanbic IBTC Stockbroker Limited as the receiving agent for the much publicised Federal Government of Nigeria Savings Bond (FGNSB) whose subscription opens on Monday. The offer will run for five days, with subscription forms available through Stanbic IBTC Stockbroker Limited and in all branches of Stanbic […]
Read More Management of the Stanbic IBTC Pension Managers Limited, a member of Stanbic IBTC Holdings PLC, has drum up support for the proposed micro pension scheme, stressing that it has the potential to provide the vital capital required for investment in critical sectors of the economy. Making this clarion call was the Chief Executive, Stanbic IBTC […]
Read More Stanbic IBTC Pension Managers Ltd,(SIPML) assets in the last 10 years hit close to two trillion naira. This statement was made by Mr Eric Fajemisin, the Chief Executive Officer,at a news conference in Lagos on Friday,where he noted that the company’s shareholders funds were in excess of N14.5 billion. Fajemisin added that the company had emerged […]
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