Stanbic IBTC Holdings Company Description

Stanbic IBTC Holdings PLC, a financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

It operates through Business & Commercial Banking, Corporate and Investment Banking, Personal and Private Banking, and Insurance and Asset Management segments.

The company offers residential accommodation financing solutions, and fleet management and related services; transactional and lending products, such as cash management, international trade finance, working capital, and investor services solutions; global markets, including foreign exchange, money markets, interest rates, equities, credit, and commodities; and investment banking services comprising advisory and financing solutions for term lending to structured and specialized products across equity and debt capital markets.

It also provides credit card facilities to individuals and businesses; merchant acquiring services; digital payment through various products and platforms; mobile money; cross-border businesses; retail lending; transactional, savings, payment, and liquidity management solutions; and investment, portfolio, and trust and fund management services, as well as offers life insurance and trusteeship services.

In addition, the company is involved in venture capital projects; acting as an investment and portfolio manager, an executor and trustee of wills and trusts, and promoter of unit trust and funds; administrating and managing pension fund assets; providing general corporate finance and debt advisory services; and agency, stockbroking, and insurance brokerage services.

The company was incorporated in 1989 and is based in Lagos, Nigeria. Stanbic IBTC Holdings PLC is a subsidiary of Stanbic Africa Holdings Limited.