Stanbic IBTC Holdings PLC is a prominent financial services holding company in Nigeria. It operates as a subsidiary of Stanbic Africa Holdings Limited, which is part of the Standard Bank Group, Africa's largest banking group by assets and earnings.
The company was formed through the merger of Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc in 2007, and it adopted a holding company structure in 2012 to comply with regulatory requirements.
Stanbic IBTC offers various financial services, including banking, stock brokerage, investment advisory, asset management, investor services, pension management, trusteeship, insurance brokerage, and life insurance.
The company's headquarters is at Stanbic IBTC Towers on Walter Carrington Crescent, Victoria Island, Lagos surveyed. As of December 2023, Stanbic IBTC Holdings reported total assets of NGN 5.15 trillion.
The company is known for its innovative digital banking services and community initiatives. For instance, the #Together4ALimb project is an annual walkathon to raise awareness about children living with limb loss. Stanbic IBTC also offers various scholarship programs and has a strong presence in all 36 states of Nigeria, including the Federal Capital Territory.
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