Stanbic IBTC Bank – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 07 May 2026 11:20:37 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Stanbic IBTC Bank – Tech | Business | Economy https://techeconomy.ng 32 32 Stanbic IBTC Leads Trade Finance Conversations at GTR West Africa 2026 https://techeconomy.ng/stanbic-ibtc-leads-trade-finance-conversations-at-gtr-west-africa-2026/ https://techeconomy.ng/stanbic-ibtc-leads-trade-finance-conversations-at-gtr-west-africa-2026/#respond Thu, 07 May 2026 11:20:37 +0000 https://techeconomy.ng/?p=181183 Stanbic IBTC Bank has reaffirmed its commitment to advancing trade and economic growth in West Africa following the successful conclusion of GTR West Africa 2026.

The two-day conference, which was held on 22 and 23 April 2026 at the Eko Convention Centre, Lagos, brought together policymakers, financial institutions, corporates and fintech players to discuss the evolving landscape of regional and global trade.

The event attracted over 400 delegates from more than 200 organisations, spanning sectors including banking, fintech, agribusiness and logistics; underscoring its position as a critical platform for shaping trade finance dialogue in the region.

The conference opened with a keynote address by Tedd George, founder & chief narrative officer, Kleos Advisory Ltd, focused on harnessing improving macroeconomic stability to drive sustainable trade growth across West Africa.

Subsequent sessions explored export diversification, supply chain finance and agribusiness-led trade, supported by practical case studies highlighting real-world applications.

Day two centred on digital trade and financial inclusion, with discussions on Africa’s mobile-first economy and contributions from the International Chamber of Commerce (ICC) Digital Standards Initiative, which emphasised the importance of accelerating the digitisation of global trade finance.

Stanbic IBTC Bank’s participation followed closely on the heels of Standard Bank Group’s engagement at the GTR Africa Conference in Cape Town, reinforcing the Group’s pan-African approach to advancing trade and financial integration across key markets.

Commenting on the Bank’s role at the conference, Jesuseun Fatoyinbo, Head of Transaction Banking at Stanbic IBTC Bank, said the institution remains focused on delivering innovative solutions that respond to the shifting needs of businesses engaged in trade.

“At Stanbic IBTC Bank, we are steadfast in our commitment to driving economic growth through innovative transaction banking solutions. The trade finance landscape is evolving rapidly, and it is our responsibility to continuously adapt and strengthen our offerings to support our clients,” Fatoyinbo said.

“We understand the unique challenges faced by exporters and importers, particularly within agribusiness, and provide tailored solutions that simplify trade finance, enabling businesses to focus on growth and productivity.”

Also reflecting on the conference, Eric Fajemisin, executive director, Corporate and Transaction Banking, Stanbic IBTC Bank, highlighted the strategic importance of GTR West Africa to the region’s trade ecosystem.

“We leave this year’s GTR even more inspired as always, by the quality of engagement and the opportunities identified; and more committed than ever to enabling trade and economic development across Nigeria and the wider West African region. Trade finance is not peripheral to development, it is fundamental to it,” Fajemisin said.

Delegates from Stanbic IBTC Bank and Standard Bank Group contributed actively to the programme. Adedayo Adesanmi, Senior Vice-President, Structured Trade Finance, Standard Bank Group, shared insights on scaling supply chain finance and strengthening domestic value chains, while identifying cross-border growth opportunities.

In a dedicated agribusiness case study session, Seun Ogundolapo, head of Trade Transaction Banking, Stanbic IBTC Bank, alongside Sreenivas Alagonda, chief financial officer, Robust International Commodities, examined the practical delivery of structured commodity trade finance solutions.

The conference also welcomed senior trade finance leaders from across the Group, including Prince Baffour Agyei, Acting Head, Trade Working Capital, Stanbic Bank Ghana; Shunker Amish, Head, Transaction Banking Trade Distribution & Syndication, Standard Bank Group; and Joseph Anagblah, Head, Sales, Transaction Banking, Stanbic Bank Ghana; reinforcing the Group’s strong pan-African collaboration and continued support for the GTR platform.

As lead sponsor, Stanbic IBTC Bank hosted clients and stakeholders throughout the conference, facilitating high-level engagement, knowledge sharing and cross-sector networking. Through thought leadership panels and practical case studies, the Bank demonstrated its continuing focus on expanding access to trade finance and supporting businesses of all sizes.

Stanbic IBTC Bank remains committed to strengthening the trade finance ecosystem in Nigeria and across West Africa; helping businesses navigate complexity, unlock new opportunities and thrive in an increasingly interconnected global economy.

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Stanbic IBTC Leads Trade and Finance Engagements at GTR West Africa 2026 https://techeconomy.ng/stanbic-ibtc-leads-trade-and-finance-engagements-at-gtr-west-africa-2026/ https://techeconomy.ng/stanbic-ibtc-leads-trade-and-finance-engagements-at-gtr-west-africa-2026/#respond Tue, 21 Apr 2026 13:15:57 +0000 https://techeconomy.ng/?p=180221 Stanbic IBTC Bank is participating at the GTR West Africa 2026 conference, taking place on 22 and 23 April, at the Eko Convention Centre in Lagos.

This landmark event brings together over 400 senior trade and finance professionals for two days of insightful discussions, networking, and innovation, tailored to enhance trade growth across West Africa.

Now firmly established as the most influential annual gathering for trade finance professionals in the region, GTR West Africa 2026 marks its 17th year and arrives at a defining moment.

The conference takes place at a time of improving economic conditions across the region; creating renewed opportunities for trade‑led growth.

Eric Fajemisin, executive director, Corporate & Transaction Banking, Stanbic IBTC Bank, highlighted,

“West Africa’s trade finance market is at a turning point. Improving macroeconomic fundamentals, an increasing demand for structured and digital trade finance solutions, and a renewed global focus on African markets have created a need for bold, coordinated action. Stanbic IBTC Bank is proud to be at the forefront of this conversation as the lead sponsor of GTR West Africa 2026. Our commitment extends beyond the conference; it represents a broader ambition to build a deeper, more resilient, and more inclusive trade finance ecosystem that will empower the next generation of West African commerce.”

In the face of global geopolitical uncertainties, evolving trade alliances, and increasing tariff pressures, the conference theme, “Financing Growth in West Africa’s Trade Epicentre,” underscores the urgent need for strategic resilience among regional trade actors.

The agenda will delve into key critical themes shaping the trade landscape in West Africa, including export diversification, infrastructure financing, supply chain finance, digital trade, and the evolution of structured trade finance in the commodities sector.

Featured speakers from Stanbic IBTC include Seun Ogundolapo, head of Trade – Transaction Banking, who is expected to share practical perspectives on structuring trade finance to support imports, exports, working capital, and risk management.

Also speaking at the event is Sreenivas Alagonda, Chief Financial Officer, Robust International Commodities, a client of Stanbic IBTC Bank; who will be bringing a real economy borrower perspective on commodity trade execution; including what businesses need from banking partners across financing, documentation, and transaction risk control.

Jesuseun Fatoyinbo, head, Transaction Banking, Stanbic IBTC Bank, stated,

“Participating in GTR West Africa 2026 represents a crucial opportunity for us to connect with leading trade finance experts and stakeholders in the region. As we navigate the evolving trade landscape, our aim at Stanbic IBTC Bank is to promote collaboration and innovation that will foster sustainable growth in West Africa. We view this conference as an essential platform for sharing insights and exploring solutions that will empower businesses and strengthen the regional economy.”

GTR West Africa 2026 will provide participants with extensive networking opportunities, enabling engagement with industry peers, experts, and decision‑makers across the trade and finance ecosystem.

With a diverse range of experts and stakeholders in attendance, this event promises to be a valuable platform for expanding professional networks and fostering business relationships.

Stanbic IBTC’s sponsorship reflects its strategic commitment to elevating trade and finance capacity across Nigeria and the wider West African region, consistent with its mandate as a key enabler of trade, investment, and economic transformation on the continent.

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“A True Achiever”: Obasanjo, Industry Titans Celebrate Zinox Chairman Leo Stan Ekeh at 70 https://techeconomy.ng/obasanjo-amuka-fashola-celebrate-leo-stan-ekeh-70/ https://techeconomy.ng/obasanjo-amuka-fashola-celebrate-leo-stan-ekeh-70/#respond Tue, 24 Feb 2026 09:21:08 +0000 https://techeconomy.ng/?p=176705 Former President Olusegun Obasanjo on Sunday joined prominent Nigerians to celebrate the 70th birthday of Leo Stan Ekeh, chairman of Zinox Group.

The thanksgiving gathering was held at Ekeh’s residence and was organised by his wife and children, with opening prayer led by Reverend Father Francis Ike of the Church of Assumption, Falomo, Ikoyi. Obasanjo attended with his wife.

Speaking at the event, Obasanjo described Ekeh as “an achiever and a very kind man who deserves to be celebrated.” He said Ekeh was among those who took advantage of opportunities created during his administration between 1999 and 2007.

According to him, it is one thing to create opportunities and another to identify and use them. He said Ekeh was one of the people whose success made it possible for others to credit his government with encouraging investment and wealth creation.

Obasanjo said he was proud of Ekeh’s achievements and urged Nigerians to continue seeking opportunities despite economic challenges. He added jokingly that Ekeh would celebrate 80, 90 and 100 years, drawing laughter from guests.

Also present at the event was veteran journalist and Vanguard publisher Sam Amuka. Former Lagos State Governor Babatunde Raji Fashola attended with his wife.

Other dignitaries included former INEC Chairman Professor Maurice Iwu; Chairman of MTN, Dr. Ernest Ndukwe; Founder of Stanbic IBTC Bank, Mr. Atedo Peterside; Chairman of Fidelity Bank, Mrs. Amaka Onwughalu; Managing Director of Fidelity Bank, Dr. Nneka Onyeali-Ikpe; and Chairman of Seplat Energy, Mr. Udoma Udo-Udoma.

Secondary school classmates of Ekeh, including entertainer Charles Oputa, were also in attendance. Ekeh’s elder brother, HRM Eze George Ekeh, traditional ruler of Ishi Ubomiri Autonomous Community in Imo State, performed traditional rites welcoming him into the community’s elders’ circle.

In his remarks, Ekeh thanked Obasanjo for his support over the years and described him as a leader who created room for entrepreneurs to grow. He said he attributed his success to faith, discipline and trust.

Ekeh recalled starting his career as a mass servant and chorister. He said he chose early in life not to drink alcohol or smoke and has kept to that decision. He also spoke about starting his technology business with his school fees at a time when the sector was still developing in his home state.

He said trust and integrity had guided his business decisions and helped him build credibility with partners and institutions.

Ekeh also acknowledged the support of his wife, describing her as a key pillar in his personal and professional life.

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Stanbic IBTC Deepens Capital Base with AfDB Support, Targets Expanded Financing for MSMEs https://techeconomy.ng/stanbic-ibtc-deepens-capital-base-with-afdb-support-targets-expanded-financing-for-msmes/ https://techeconomy.ng/stanbic-ibtc-deepens-capital-base-with-afdb-support-targets-expanded-financing-for-msmes/#respond Mon, 08 Dec 2025 07:13:30 +0000 https://techeconomy.ng/?p=172293 Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and one of Nigeria’s leading financial services institutions, has reinforced its commitment to driving sustainable economic growth through a strategic partnership with the African Development Bank (AfDB).

The initiative enhances the bank’s ability to channel long‑term funding into critical areas of the Nigerian economy, including trade, infrastructure, and small and medium‑sized enterprises (MSMEs).

By strengthening its capital base, Stanbic IBTC is positioning itself to provide greater resilience and expand access to finance for businesses that drive job creation and national development.

“This agreement reflects our forward‑looking strategy to support the sectors that matter most to Nigeria’s future,” said Wole Adeniyi, chief executive, Stanbic IBTC Bank. “Our focus is on empowering businesses, enabling sustainable growth, and ensuring that our financial system remains strong enough to meet the evolving needs of the economy.”

The partnership also underscores Stanbic IBTC’s dedication to environmental and social responsibility, ensuring that all funding is deployed in line with international best practice and the bank’s robust sustainability framework as evidenced by the Independent Project Monitoring Company’s (IPMC) ranking of Stanbic IBTC as one of the leading institutions in its latest sustainability rankings.

This recognition underscores the bank’s continuing commitment to advancing sustainable practices that benefit the environment and society.

Dr Abdul Kamara, director general, AFDB Nigeria commented,

“Working with Stanbic IBTC aligns with our mission to accelerate Africa’s economic transformation. This collaboration ensures the bank can continue to play a pivotal role in financing infrastructure and sustainable development projects in Nigeria.”

Stanbic IBTC Bank has consistently demonstrated leadership through innovation in structured finance, digital transformation, and the integration of sustainability principles into its operations. This latest step reaffirms its role as a thought leader in shaping Nigeria’s financial landscape and highlights its commitment to building a more resilient and prosperous future for the country.

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Stanbic IBTC Commences Closed Period Ahead of FY 2025 Audited Results https://techeconomy.ng/stanbic-ibtc-commences-closed-period-ahead-of-fy-2025-audited-results/ https://techeconomy.ng/stanbic-ibtc-commences-closed-period-ahead-of-fy-2025-audited-results/#respond Sat, 29 Nov 2025 19:55:51 +0000 https://techeconomy.ng/?p=171865 Stanbic IBTC Bank has commenced closed period ahead of the financial year 2025 audited results.

The closed period will remain in effect until the release of the company’s Full-Year 2025 Audited Financial Statements.

This development is in line with the provisions of the Nigerian Exchange Group (NGX) Rulebook. During this period, insider trading by company executives and related parties is prohibited.

According to the Company Secretary, Chidi Okezie, the Board of Directors is scheduled to meet on Friday, January 30, 2026, at 10:00 a.m.

The agenda includes reviewing the Consolidated and Separate Audited Financial Statements for the year ended December 31, 2025, as well as considering a proposed dividend.

Stanbic Bank is listed on the Main Board of the NGX, with a market capitalisation of N1.67 trillion and 15.90 billion outstanding shares.

The group’s shares closed flat at N105 on Friday, November 28, 2025. The stock has recorded a 52-week high of N126.25 and a 52-week low of N56.50.

The lender began the year with a share price of N57.60. With an 82.3% gain year-to-date, it is currently the 52nd best-performing stock on the NGX.

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Stanbic IBTC Empowers 200 Children at 11th Together4ALimb Walk https://techeconomy.ng/stanbic-ibtc-empowers-200-children-at-11th-together4alimb-walk/ https://techeconomy.ng/stanbic-ibtc-empowers-200-children-at-11th-together4alimb-walk/#comments Mon, 17 Nov 2025 07:24:07 +0000 https://techeconomy.ng/?p=171125 Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 11th edition of its Together4ALimb Walk on Saturday, 15 November 2025. 

The company’s flagship corporate social investment (CSI) initiative focuses on underserved children aged 0 – 18 years, who are living with limb loss across the states in Nigeria by providing prosthetic limbs and Stanbic IBTC Education Trusts for the children.

The event, which has become a hallmark of corporate social responsibility in Nigeria’s financial services sector, saw participants embark on a symbolic walk in Victoria Island.

Filled with energy and enthusiasm, the annual Togetehr4ALimb Walk reaffirms Stanbic IBTC’s commitment to fostering inclusion and improving the lives of the beneficiaries.

Stanbic IBTC and Together4ALimb
L-r: Jochen Schindelarz, Vice Consul, Economic and Cultural Affairs, Consulate General of the Federal Republic of Germany, Lagos; Ejike Anih, Founder and Chief Executive Officer, IfeanHealth Orthopaedics; Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; Chuma Nwokocha, Chief Executive, Stanbic IBTC Holdings; and Dr. Tolu Ajomale, Director, Special Projects, Representative, Honourable Commissioner for Health, Lagos State with some of the beneficiaries, during the 2025 Together4ALimb, held recently in Lagos.

The event provided a shared sense of purpose as staff members, Together4ALimb beneficiaries, their parents and guardians, and major stakeholders walked in solidarity to raise awareness for limb loss and celebrated the remarkable courage and progress of the beneficiaries.

The initiative represents a decade-long commitment to changing lives and creating opportunities for children who might otherwise have been marginalised due to physical disabilities.

This year marked a significant milestone as 64 new beneficiaries received prosthetic limbs, bringing the total number of children supported since the programme’s inception to 200.

Beyond the prosthetic limbs, each beneficiary also received an education trust valued at N1.5 million to support their academic journey; ensuring that they have the resources needed to pursue their dreams and reach their full potential.

Speaking at the event, Chuma Nwokocha, chief executive, Stanbic IBTC Holdings, said:

“To celebrate our 200 beneficiaries this year, we are telling the story of a journey defined by compassion and progress. Together4ALimb is more than an initiative – it is a promise to keep enabling futures and empowering children to thrive. Each child we support represents a transformed life; a family uplifted; and a community strengthened. We are honoured to continue this journey and look forward to touching even more lives in the years to come.”

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, added:

“Each step we take during this walk is a symbol of shared hope and collective responsibility. We are proud to stand with the children benefiting from this initiative, and their families, as we continue to drive awareness around limb loss and inclusion across Nigeria. The Together4ALimb initiative embodies our belief that banking is about more than transactions. It’s also about transformation and making a meaningful difference in the communities we serve.”

Stanbic IBTC and Together4ALimb
L-r: Dr. Tolu Ajomale, director, Special Projects, Representative, Honourable Commissioner for Health, Lagos State; Professor Rufai Yusuf Ahmad, Registrar/chief executive officer, Medical Rehabilitation Therapists Registration Board of Nigeria (MRTB); Ejike Anih, Founder and Chief Executive Officer, IfeanHealth Orthopaedics; Chuma Nwokocha, Chief Executive, Stanbic IBTC Holdings; and Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, during the 2025 Together4ALimb, held recently in Lagos.

This year’s edition also featured inspiring testimonials from beneficiaries and their families, who shared their stories of resilience and gratitude. Many spoke about how receiving prosthetic limbs had not only restored their mobility, but also their confidence and sense of belonging in society.

In addition to the physical walk, Stanbic IBTC invited its customers and supporters to participate virtually using the Steps by Stanbic IBTC App; enabling them to join from anywhere in the world. This virtual component allowed thousands more people to show their support for children living with limb loss and contribute to raising awareness around the importance of inclusion.

The Together4ALimb initiative reflects Stanbic IBTC’s broader commitment to sustainable development and social impact.

By addressing both the immediate physical needs of children through prosthetic limbs provision in their childhood, and their long-term educational needs through education trusts, the programme takes a holistic approach to empowerment and inclusion.

Through initiatives like Together4ALimb, Stanbic IBTC continues to demonstrate its unwavering dedication to building a more inclusive, equitable, and compassionate society where every child, regardless of physical challenges, has the opportunity to succeed and contribute meaningfully to Nigeria’s development.

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Stanbic IBTC Holdings Partners Lagos Business School to Host Sustainable Finance Summit 2.0 for Climate-Smart Finance https://techeconomy.ng/stanbic-ibtc-holdings-partners-lagos-business-school/ https://techeconomy.ng/stanbic-ibtc-holdings-partners-lagos-business-school/#respond Mon, 22 Sep 2025 12:34:52 +0000 https://techeconomy.ng/?p=167764 Stanbic IBTC Holdings, in collaboration with the Lagos Business School Sustainability Centre (LBSSC), has announced the highly anticipated Sustainable Finance Summit 2.0.

Scheduled for Tuesday, 23 September 2025, this year’s event is themed “Financing Resilience: Digital innovation and AI for climate-smart communities.”

The hybrid summit will be held at the prestigious Civic Centre, Victoria Island, Lagos, ensuring global accessibility and participation from international stakeholders.

The Sustainable Finance Summit 2.0 represents the definitive platform for understanding and shaping the future of finance and climate resilience in the digital age. As a comprehensive engagement, the summit targets a diverse ecosystem of participants, including financial sector professionals, C-suite executives seeking to understand emerging sustainable finance opportunities, technology and AI innovators, policymakers and regulators, corporate leaders, academic community including researchers and students advancing knowledge in sustainable finance, media and civil society, journalists and NGO representatives amplifying sustainable finance awareness.

For Investors: Discovery of new sustainable investment opportunities, understanding of climate risk assessment tools, and connection with innovative fintech startups and for Regulators: Platform for policy dialogue, exposure to international best practices, and collaboration opportunities with private sector leaders.

The Sustainable Finance Summit 2.0 emphasises meaningful dialogue and active participation, through interactive panel discussions with industry thought leaders; Live Q&A sessions fostering direct engagement between speakers and attendees; Networking sessions designed to facilitate strategic partnerships; and Case study presentations showcasing successful sustainable finance implementations and demonstrations of AI-powered climate solutions.

While anchored in Lagos, Nigeria’s commercial capital, the summit’s hybrid format enables international participation, reflecting the global nature of climate finance challenges and solutions.

The event positions Nigeria as a leading voice in sustainable finance across Africa and internationally.

Registration link is here.

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Stanbic IBTC Bank Rewards 70 Winners in Reward4Saving Promo 4.0 https://techeconomy.ng/stanbic-ibtc-bank-rewards-70-winners-in-reward4saving-promo-4-0/ https://techeconomy.ng/stanbic-ibtc-bank-rewards-70-winners-in-reward4saving-promo-4-0/#comments Fri, 29 Aug 2025 06:45:42 +0000 https://techeconomy.ng/?p=166116 Stanbic IBTC Bank has reaffirmed its dedication to fostering a sustainable savings culture in Nigeria through the successful hosting of the fourth monthly draw in its Reward4Saving Promo – Season 4.

The event took place in Lagos and witnessed the emergence of 70 lucky winners, from the Bank’s seven business zones; each winning ₦100,000 for maintaining a minimum savings balance of ₦10,000 in their Stanbic IBTC Savings Account or @ease Wallet.

The balances were maintained for a minimum of 30 consecutive days respectively.

The draw was conducted with keen oversight from regulatory representatives to ensure transparency and fairness.

Notable attendees included representatives of the Federal Competition & Consumer Protection Commission (FCCPC); Advertising Regulatory Council of Nigeria (ARCON); and Lagos State Lotteries and Gaming Authority (LSLGA).

Since the commencement of the Reward4Saving Promo – Season 4, a total of 288 customers have shared in ₦37 million worth of cash rewards, with the total prize expected to reach ₦130 million by the conclusion of the initiative in April 2026. With ₦93 million remaining in the prize pool, excitement continues to climb among customers of Stanbic IBTC Bank nationwide.

Speaking during the draw, Oluwakemi Zollner, head of Sales and Distribution, Lagos Mainland, stated,

“Stanbic IBTC Bank is committed to rewarding loyal customers while enhancing the savings culture within society. The promo is open to both existing and new customers. By saving just ₦10,000 in your Stanbic IBTC Savings Account or @ease Wallet for 30 consecutive days, you qualify for the draw. More savings equal higher chances of winning.”

One of the recent winners, Ebinum Abosede, an entrepreneur, shared her emotional journey upon receiving her prize.

“When I initially received the call, I was doubtful and thought it could be a scam. Even my daughter warned me against going. But now that I am here and have received my alert, I could not be happier. I just moved into a new house and was searching for funds to paint my apartment. Thank you to Stanbic IBTC Bank; I can finally give my new home a fresh coat of paint.”

The Reward4Saving Promo continues to create a buzz across Nigeria, inspiring individuals to practice financial discipline while being rewarded for their dedication.

Stanbic IBTC Bank Reward4Saving Promo 4.0
L-R: Marian Odidika, Manager, Customer Value Proposition, Stanbic IBTC Bank; Elem Chilem Kalu, winner; Oluwakemi Zollner, Head, Sales Lagos Mainland, Stanbic IBTC Bank; Angela Okoli, winner; and Titilayo Philip-Adetunji, Principal Standard Officer, Federal Competition and Consumer Protection Commission (FCCPC), during the Reward4Saving Promo 4.0 July cheque presentation, held recently in Lagos.

Through this initiative, Stanbic IBTC Bank celebrates the achievements of savers and strengthens its role in promoting financial inclusion and empowering local communities.

To participate, customers can save ₦10,000 or more for 30 consecutive days in a Stanbic IBTC Savings Account or @ease Wallet.

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Stanbic IBTC Bank Demonstrates Commitment to Empowering Women in Business https://techeconomy.ng/stanbic-ibtc-bank-demonstrates-commitment-to-empowering-women-in-business/ https://techeconomy.ng/stanbic-ibtc-bank-demonstrates-commitment-to-empowering-women-in-business/#respond Mon, 18 Aug 2025 06:57:44 +0000 https://techeconomy.ng/?p=165336 Women entrepreneurs play a vital role in Nigeria’s economy. They drive innovation, create jobs, and build resilient businesses.

Stanbic IBTC Bank recognises its impact and is committed to supporting its growth through tailored financial solutions. One key offering is the Blue Blossom Account.

This account is designed to help women overcome common financing challenges. It provides easier access to business finance in line with the Central Bank of Nigeria’s Sustainable Banking Principles. Women business owners enjoy zero current account maintenance (CAM) fees, concessionary loan rates, and access to business clinic sessions.

These benefits make the Blue Blossom Account more than just a product, it’s a practical tool for growth.

Stanbic IBTC Bank also offers lending solutions like SME Lite and SME EZ Cash. These options help women-led businesses secure working capital, fund expansion, or invest in new opportunities. With flexible terms and accessible financing, the bank is assisting more women grow their businesses.

Support goes beyond finance. Through its SME Collab customer value proposition, the bank offers training and curates events to help women manage their businesses and connect with other entrepreneurs. A key highlight is the Bloom Weekend, an empowerment event that brings together thousands of women entrepreneurs, professionals, and leaders. The event features masterclasses, financial advisory, and a vibrant trade fair where women showcase their businesses. It also provides an avenue for networking and having fun.

Digital tools also play a role. With POS terminals, the Enterprise Online internet banking platform, and the SME Mobile App, women entrepreneurs can manage payments and cash flow more efficiently. These solutions make it easier to run a business and reach more customers.

By focusing on women-led businesses, Stanbic IBTC Bank is helping to build a more inclusive and vibrant economy. Supporting women is not just the right thing to do, it’s a smart investment in Nigeria’s future.

Are you a woman entrepreneur ready to grow? Follow this link to learn about the solutions we have curated to help accelerate your growth.

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Stanbic IBTC Bank Emerges GTR’s Best Trade Finance Bank in W/Africa https://techeconomy.ng/stanbic-ibtc-bank-emerges-gtrs-best-trade-finance-bank-in-w-africa/ https://techeconomy.ng/stanbic-ibtc-bank-emerges-gtrs-best-trade-finance-bank-in-w-africa/#respond Wed, 02 Jul 2025 08:17:23 +0000 https://techeconomy.ng/?p=162194 Stanbic IBTC Bank has been honoured with the Best Trade Finance Bank in West Africa award at the Global Trade Review (GTR) Awards in London, recently.

This award recognises the bank’s exceptional performance in trade finance and its commitment to delivering innovative solutions.

The GTR (Global Trade Review) Leaders in Trade Awards recognise excellence in global trade, commodity, supply chain, export finance, and fintech sectors.

The GTR hosts these annual awards to honour institutions that have demonstrated exceptional performance and innovation in their respective fields.

Securing the Best Trade Finance Bank award highlights the Bank’s strong market position and reinforces the Bank’s commitment to delivering exceptional services.

Commenting on the award, Eric Fajemisin, executive director of Corporate and Transaction Banking, Stanbic IBTC Bank, emphasised the importance of trade finance in fostering economic development:

“Trade finance is vital for the growth and sustainability of businesses, especially in emerging markets. This award is a recognition of our efforts to empower businesses and contribute to the overall economic progress of West Africa. We remain focused on enhancing our service offerings and supporting our clients in achieving their trade objectives and beyond”.

The recognition at the GTR Awards underscores the Bank’s leadership and expertise in trade financing solutions, positioning the bank as a vital partner in promoting international trade across West Africa.

The bank’s ongoing commitment to innovation and customer-centric solutions continues to drive its success in the competitive trade finance landscape.

Jesuseun Fatoyinbo, head, Transaction Banking, Stanbic IBTC Bank, shared insights on the significance of the recognition,

“This Award of Best Trade Finance Bank in West Africa is not only an honour but a responsibility. It reinforces our role as a leader in the market, committed to enhancing trade capabilities for businesses in the region. We understand the challenges that our clients face in navigating global trade, and we will continue to innovate and provide the partnership they need to succeed. This recognition inspires us to stay at the top and maintain our commitment to excellence.”

Ryan Stokes, head, Transaction Banking, International, Standard Bank Group, received the award on behalf of the Bank.

As Stanbic IBTC Bank forges ahead, the focus remains on leveraging technology and developing new strategies to meet the evolving needs of clients, ensuring that businesses in the region can thrive in the global marketplace.

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