Stanbic IBTC Bank
- Social responsibility
- MINDS Awardsfor the Fight Against Malaria Initiative Award 2011
- Lagos State Government’s Support Our Schools CSR Award’ 2011
Stanbic IBTC’s business focus is to be Nigeria’s leading end-to-end financial solutions provider, through innovative and customer-focused people. The banking institution is committed to meeting the expectations of the ever evolving aspirations of our customers and other stakeholders – traders in the informal sector of the economy or multinational corporates with global aspirations.
Partnering with Stanbic IBTC means working with a team that understands its customers’ needs, connecting them to the global economy without losing their unique local identity. With a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management, Stanbic IBTC is a full service bank.
The Corporate and Investment Banking division offers its clients banking, custodial services, trading, investment, risk management and advisory services that cater for sectors including mining and metals; oil and gas; power and infrastructure; and telecoms and media.
Stanbic IBTC’s Personal and Business Banking division offers solutions that help customers meet their goals and aspirations. Its offering includes agricultural banking, vehicle and asset financing, term lending, distributor finance, import finance, mobile banking and other electronic banking products.
The Wealth Division manages funds across different segments and in conformity with laid down regulations in the Nigerian market. This expertise has translated into the success of Stanbic IBTC Pension Managers Limited, Nigeria’s largest pension fund administrator by number of clients, with about 1,000,000 retirement savings accounts and assets under management of over N742 billion; and Stanbic IBTC Asset Management Limited, manager of Stanbic IBTC Money Market Fund, Nigeria’s highest rated fund.
With more than 175 branches across Nigeria and over 2,200 employees, Stanbic IBTC is present in every state of the federation. The organisation ontinues to play a significant role in one of the largest capital markets and infrastructural development deals not only in Nigeria, but also in the continent.
Stanbic IBTC Bank currently has a long term AAA rating by Fitch, the highest rating for the investment category.
This attests to our bank’s credibility and stability. Stanbic IBTC Bank is the only bank in Nigeria with an AAA Fitch credit rating.
Agusto & Co., Nigeria’s credit rating agency, assigned a fund rating of AA (f) to the Stanbic IBTC Money Market Fund, one of the six mutual funds managed by Stanbic IBTC Asset Management Limited and regulated by Nigeria’s Securities and Exchange Commission. This rating emains the highest conferred on a mutual fund managed in Nigeria by the ating agency.
Training of female entrepreneurs
The bank signed a training agreement with the International Finance Corporation (IFC), a member of the World Bank Group who supports the bank with its training programmes.
The SME team identified 20 existing high value female SME customers across Nigeria, to receive the Business Edge training aimed at building their capacity and growing their businesses.
Livestock production, University of Ibadan
Stanbic IBTC Bank donated funds towards the rehabilitation of the analytical services and livestock production unit at the University of Ibadan, Nigeria’s first university located in Oyo state.
Stanbic IBTC Bank is in partnership with the Lagos State Waste Management Authority (LAWMA) that has culminated in the successful handover of 100 compactors by the Governor of Lagos State. These were financed through our vehicle and asset finance department.
World AIDS Day
Standard Bank Group partnered with UNAIDS for the 2011 World AIDS Day programme and Nigeria was one of the countries in which the ‘Getting to Zero’ campaign was launched with the education of s tudents in 1 5 s econdar y schools across the country, and HIV/AIDS status testing centres and counselling for communities.
Refurbishing of Lagos Progressive Schools
Stanbic IBTC Bank was recognised by the Lagos State Government in its corporate social responsibility award recognition programme.
Recognition for corporate social investment
Stanbic IBTC Bank
IBTC Place, Walter Carrington Crescent,
Victoria Island, Lagos
P.O. BOX 71707
Tel: +234 1 422 6000 ●+234 1 422 7000
+234 1 422 8000