She thanked BAC for having chosen IBTC
as partners, saying the company was thrilled at the opportunity to play a role in expanding access to professional education in Africa.
Nigeria-based Stanbic IBTC
Holdings Plc (STANBIC:NL) has said that it is to offer solutions for students to fund their education needs.
After the announcement of the policy breach, Standard Chartered Bank's account with the CBN was debited N2.4bn ($6.62m), Stanbic IBTC
's $4.96m, Citibank's $3.3m and Diamond Bank's $689,655 for the alleged offences.
Ayomide Mejabi, Economist at Stanbic IBTC
Bank said, "The persistent improvement in private sector activity in Nigeria this year, as measured by the Stanbic IBTC
Bank PMI, finally moderated in the month of June.
Kia Motors Nigeria, a subsidiary of Kia Motors Corporation (KSE: 000270), is collaborating with Stanbic IBTC
"Customers can walk into any of the outlets of Peugeot Automobile-approved vendors or any branch of Stanbic IBTC
The 8-bank syndicate comprised of long-standing relationship banks of Standard Bank Group, Stanbic IBTC
Holdings' parent company, that included Mashreqbank psc, The Commercial Bank (Q.S.C.) and ING Bank N.V.
Henry Lim Bon Liong, chair and chief executive of SL Agritech--which is part of the Sterling Paper group of companies--said his group signed a few weeks ago a memorandum of understanding (MOU) with the IBTC
group of Myanmar and Capital Rice Co.
The West African nation's Stanbic IBTC
Bank Plc now has a license to provide Islamic banking services, after a decision by Governor of the Central Bank of Nigeria, Sanusi Lambido Sanusi, according to a report by (http://allafrica.com/stories/201107050290.html) Vanguard .
They are United Bank for Africa, First Bank of Nigeria Plc, Guaranty Trust Bank Plc, Ecobank Nigeria Plc, Access Bank Plc, First City Monument Bank Plc, Diamond Bank Plc, Zenith Bank Plc and Stanbic IBTC
The European Investment Bank (EIB) signed, on 10 February, the Nigeria Framework Loan, which will provide up to 240 million to three Nigerian banks: FirstBank of Nigeria, Guaranty Trust Bank and Stanbic IBTC
. The funding will be used to facilitate private and public-private partnership infrastructure in the country and ensure continued investment in the sector.