Stanbic IBTC Holdings

Stanbic IBTC Holdings is a member of Standard Bank Group. Standard Bank Group is Africa‟s largest banking group ranked by assets and earnings and has been in business for about 150 years. With a controlling stake of 53.2% in Stanbic IBTC Holdings PLC, Standard Bank employs over 52,000 people worldwide; operates in 18 African countries including South Africa; and 13 countries outside Africa including key financial centers like Europe, United States and Asia. Standard Bank operates in Nigeria as Stanbic IBTC Bank. 

In September 2012, Stanbic IBTC Bank was restructured to align with the Regulation on the Scope of Banking Activities and Ancillary Matters issued by the Central Bank of Nigeria in September 2010, which requires banks rendering universal banking, services to reorganize their businesses into banking and non-banking activities. 

Stanbic IBTC‟s strategic intent is to be the leading end-to-end financial solutions provider in Nigeria, therefore board members of Stanbic IBTC Bank agreed that the group should continue in all its lines of business which include asset management, pension fund administration, stockbroking, among others. 

Stanbic IBTC Bank offers its clients a wide range of commercial banking products and is present in every state in Nigeria. The bank also offers custodial services for non-pension asset custodian. With over 175 branches across the country, Stanbic IBTC Bank is strengthening its position in the financial sector and is increasingly playing a significant role in the commercial banking environment, positioning itself to take care of your banking needs.

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