Stanbic IBTC Committed To Delivering Long Term Value To Its Stakeholders – Sanni

Yinka
Sanni, Chief Executive, Stanbic IBTC Holdings PLC, assured Nigerians that
Stanbic IBTC Bank remains strong, stable and sustainable in its operations.
Stanbic IBTC Holdings PLC posted a profit of N36 billion for the half-year which
ended June 30, 2019 and rewarded shareholders with an interim dividend of N10.2
billion at 100 kobo per share.

“We remain committed to operating
to the highest level of corporate governance standards while delivering
sustainable long-term value to clients and other stakeholders through
world-class innovative operations and our customer-centric approach,” Sanni
assured. According to the Chief Executive, the Group’s achievements are an indication that its strategy is delivering
on set goals and objectives. He assured that the organisation will continue to invest in its people, processes, and its communities to ensure
business sustainability.

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He
added that in 30 years, Stanbic IBTC has built a culture of excellence in
providing its clients with innovative financial products and services as well
as contributing to the attainment of the developmental aspirations of the
country.

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The
financial services institution has experienced several transformations in its
30-year history. Investment Banking &
Trust Company Limited (IBTC) was incorporated on 02 February, 1989 as a merchant bank. Following the
introduction of universal banking and a regulatory requirement for financial
institutions to have a N25 billion
minimum capital base, IBTC merged with Chartered …read more

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Source:: MediaCraft

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