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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…

In a move that is set to significantly boost the export of African products to China, Standard Bank, Africa’s largest financial services organisation, has launched a new export proposition that eases challenges and supports exporters in accessing the Chinese market. The Africa China Export Proposition (ACEP), launched at the China International Import Expo (CIIE) in…

Cecilia Esenwa Foundation (CEF), a non-governmental organisation focused on empowering women with the aim of building stronger communities in the society has been launched in Lagos. The official launch of the Foundation was held on Friday, November 1, 2019 at Four Points by Sheraton, Lagos. The mission of the non-profit organisation is to educate, assist…

In furtherance of its avowed commitment to enrich lives in various Nigerian communities, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has continued to raise the Corporate Social Investment (CSI) bar in Nigeria. The latest CSI project commissioned by the organisation was the renovation of a set of classrooms at Ladipo Primary School,…