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Stanbic IBTC, a member of Standard Bank Group, has reiterated its readiness to support the Nigerian agricultural sector with the aim of boosting food production in the country. Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank, disclosed this at the 2019 edition of the Lagos Farm Fair. The Lagos Farm Fair is an initiative of…

In furtherance of its commitment to increasing the level of financial literacy amongst Nigeria students, Stanbic IBTC Holdings PLC has awarded prizes to the winners of the maiden edition of the MoneyBee Financial Literacy Competition, organised by the Junior Achievement Nigeria (JAN). The prize, which is a Stanbic IBTC Educational Trustee Account, worth over one…

Activates first official transaction in Dubai. The launch of Verve Global Card in Dubai, marks Verve’s entrance into the United Arab Emirates (UAE)Verve Global customers can already transact in 185 countries globally Verve, a leading payments technology and card business in Africa, held a first transaction event today in Dubai, United Arab Emirates. Verve Global…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has continued its quest to provide succour for children living without limbs through its Together4ALimb initiative. The scheme, now in its fifth year, is the company’s flagship CSI initiative, through which it provides prosthetic limbs to children from underserved communities suffering from limb loss. On…

Visa to acquire a significant minority equity stake in InterswitchPartnership expected to expand the digital payments ecosystem across Africa, the world’s most underpenetrated market Interswitch and Visa share a vision to drive financial inclusion across the African continent Interswitch Limited (“Interswitch” or the “Company”), a leading technology-driven company focused on the digitisation of payments in…

Quickteller, a leading digital payments platform, in fulfilling its promise to loyal customers, is set to take more customers on an all-expense-paid trip to Dubai to attend the Interswitch One Africa Music Fest slated to happen on Friday, November 15, 2019. The Quickteller Bestie campaign was announced few weeks ago by Quickteller and users were…

Stanbic IBTC Holdings PLC, member of the Standard Bank Group, has won five awards at the 2019 edition of the FMDQ Gold Awards which held recently at the Oriental Hotel, Lagos. Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, emerged the overall winner in the Secondary Market category, winning the ‘FMDQ Dealing…

Standard Bank, Africa’s largest bank by assets, has played a key role in bringing the first ever green bond to East Africa. Issued by Nairobi-based property developer Acorn Group, the bond will raise KES4.262 billion in project finance over five years for environmentally-friendly student accommodation in Nairobi. Acorn is an established property developer in Kenya…

Stanbic IBTC Pension Managers Limited (SIPML), a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its commitment to the promotion of African arts.  Mrs. Nike Bajomo, Executive Director, Business Development, SIPML, made the disclosure in her opening remarks at the Art X Modern section of this year’s edition of Art X. The Art X Modern…

A recent report by globally renowned credit rating agency, Fitch Ratings, has affirmed that Stanbic IBTC Holdings PLC, Nigeria’s leading end-to-end financial solutions provider, and Stanbic IBTC Bank PLC, its banking subsidiary, have retained their National Long-Term Ratings of AAA(nga). According to the report, both organisations also maintained their National Short-Term Ratings of F1+(nga). The…

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