Stanbic Archives -

Stanbic IBTC Holdings Raises N148.7bn, Exceeds CBN’s Recapitalisation Benchmark

Kingsley Chukwu1 week ago03 mins

Stanbic IBTC Holdings Plc has successfully concluded its Rights Issue, raising N148.7 billion—exceeding the Central Bank of Nigeria’s (CBN) recapitalisation requirement. In a statement issued on Tuesday, the bank said the offer recorded an impressive oversubscription rate of 21.9 per cent, underscoring strong investor confidence and shareholder support. The capital raise, described as a strategic…

Stanbic IBTC Customers Lament Over Poor App Services, Want Restoration

Kingsley Chukwu5 months ago06 mins

Some customers of Stanbic IBTC bank in the Federal Capital Territory (FCT), have decried the epileptic services of the bank’s mobile Application (App). Some of the bank customers, who spoke with the News Agency of Nigeria (NAN) and on X, said the epileptic services had made them lose money. Mr Destiny Irabor (pseudo name) said…