Tag: Stanbic IBTC Bank
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Stanbic IBTC Bank disowns ATM fraudster
The management of Stanbic IBTC has disowned suspected ATM fraudster, Tope Olajide arrested for unlawfully withdrawing the sum of N427,000 using the cards of two customers of the bank. The alleged culprit was apprehended around 7:30 am, on Thursday, 27 August 2020, by security operatives after he was exposed by CCTV footage using ATM cards…
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Stanbic IBTC maintains strong liquidity, grows FY 2018 PAT by 54%
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has released its audited financial results for the financial year to 31 December 2018 to the Nigerian Stock Exchange, which showed a strong liquidity position. The results, released to the Exchange on Wednesday, showed the group grew its topline earnings for the financial year to…
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Stanbic IBTC Bank makes history, deploys robots
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has taken another bold step towards service efficiency and enhanced customer experience with the deployment of robots to drive various dimensions of its operations. Deployed about three months ago, the Stanbic IBTC BlueBots, as the robots are called, manage middle and back office activities. At…
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Stanbic IBTC Bank leads in cash management, trade finance
Stanbic IBTC Bank PLC, has emerged winner of the Gold Prize at the 2017 edition of Deutsche Bank Awards for Excellence in Cash Management and Trade Finance in Nigeria. This is the second time the bank is being awarded as the top performer in this category. The category tagged Straight-Through Processing (STP) Excellence Award has…
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Stanbic IBTC Bank offers bundled-benefit banking services to enterprises
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, has introduced a new banking product that will help small and medium scale enterprises save on cost and optimize their Business margins/revenues. The product, Biz-Smart Account, enables Enterprises open and operate the account without paying maintenance fees and other related charges. Biz-Smart Account is a…
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Stanbic IBTC Bank PMI hits record high in March
…Headline PMI accelerates to 58.8 in March, from 56.0 …Inflows of new orders grow at record pace …Unprecedented job creation as firms look to increase output capacity Private sector business conditions in Nigeria improved at an unparalleled rate in March, led by record growth in new orders, employment and stocks of purchases. Panel respondents frequently…