Stanbic

Latest articles

12h
AllAfrica.com
Why Central Bank Infighting Isn't Helpfulsays these bad policies that have fovoured foreign banks at the expense of loca
AllAfrica.com / Posted 12 hours ago
says these bad policies that have fovoured foreign banks at the expense of local banks are part of the problem. "Where has Stanbic or Barclays invested in Uganda?" Mukitale wondered, "Which building have they built? Which country has survived with... Read more
2d
AllAfrica.com
Fire Guts Tropical Bank in Masakastampede attracted a number of people who gathered to see what had happened for
AllAfrica.com / Posted 2 days ago
stampede attracted a number of people who gathered to see what had happened forcing the administrators of the bank and its Stanbic Bank counterparts who are also close to tighten security. "What is going on here," asked one of the people who were... Read more
3d
AllAfrica.com
Kiambu Hosts End-Year Tourneythe chairman. Meanwhile, fresh from hosting last weekend's captain's prize, Ro
AllAfrica.com / Posted 3 days ago
the chairman. Meanwhile, fresh from hosting last weekend's captain's prize, Royal Nairobi Golf Club course will host the Stanbic golf tournament which has equally attracted a big entry, while Ruiru Sports club will be staging the club... Read more
4d
AllAfrica.com
Bauchi to Produce 8,000 Metric Tonnes of Wheatof Nigeria (CBN), and Nigeria Incentive Base-risk Sharing System for Agricultur
AllAfrica.com / Posted 4 days ago
of Nigeria (CBN), and Nigeria Incentive Base-risk Sharing System for Agricultural Lending (NIRSAL) as its subsidiary and Stanbic IBTC Bank through which funds were disbursed. "Lands have been prepared, boreholes dug and seeds provided by the... Read more
5d
AllAfrica.com
U.S.$84 Million to be Raised for Crude Oil PipelineJapan's Sumitomo Mitsui Banking Corporation Europe Ltd (SMBCE), Standard (Stanb
AllAfrica.com / Posted 5 days ago
Japan's Sumitomo Mitsui Banking Corporation Europe Ltd (SMBCE), Standard (Stanbic) Bank, and Industrial and Commercial Bank of China Limited (ICBC), the three financial advisors for France's Total E&P, Uganda-Tanzania, and China's Cnooc, are said to... Read more
6d
AllAfrica.com
Collective Investment Schemes in 2017 - Equity-Based Funds in Woeful PerformanceN13.077 billion in January 6, 2017. Individual Funds performance Analysis of
AllAfrica.com / Posted 6 days ago
N13.077 billion in January 6, 2017. Individual Funds performance Analysis of activities of the fund managers showed that Stanbic IBTC Nigerian Equity Fund, managed by Stanbic IBTC Asset Management Limited, ARM Aggressive Growth Fund , managed by... Read more
6d
AllAfrica.com
Stakeholders Prescribe Protection Mechanisms for Investorsand subsequently articulate on what needed to be done to bring us to the rights
AllAfrica.com / Posted 6 days ago
and subsequently articulate on what needed to be done to bring us to the rights standards." The Chief Executive Officer, Stanbic IBTC Plc, Yinka Sanni, noted that government and regulators across the world has taken several proactive steps,... Read more
6d
AllAfrica.com
Portfolio Managers Task SEC, NSE On Investors' Protectionat the 2017 Investment Advisers and Portfolio Managers Forum in Lagos, Mr. Yink
AllAfrica.com / Posted 6 days ago
at the 2017 Investment Advisers and Portfolio Managers Forum in Lagos, Mr. Yinka Sanni, Chief Executive Officer, Stanbic IBTC Holdings Plc, called on operators in the market to promote the highest standard of ethical practice in their... Read more
7d
AllAfrica.com
Flour Mills Applies to Raise N40 Billion Via Rights Issueraising fresh capital to since 2015 to ease the debt burden and reduce high int
AllAfrica.com / Posted 7 days ago
raising fresh capital to since 2015 to ease the debt burden and reduce high interests. However, the company's stockbrokers, Stanbic IBTC Stockbrokers Limited, formally applied to the NSE for the Rights Issue last week. Following the high bank... Read more
10d
AllAfrica.com
NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Runstocks "There was profit taking on a number of stocks as expected, leaving of
AllAfrica.com / Posted 10 days ago
stocks "There was profit taking on a number of stocks as expected, leaving of Dangote Flour, Transcorp, Diamond, FCMB and Stanbic IBTC closing on offer. Bargain hunting continued and was sustained in FBNH, Zenith, Fidelity Bank, ETI and Okomu and... Read more
12d
AllAfrica.com
M-Kopa Secures U.S.$80 Million for Kenya, Uganda Solar Powersolar energy in East Africa. The money will be spent over three years. Accordi
AllAfrica.com / Posted 12 days ago
solar energy in East Africa. The money will be spent over three years. According to the arrangement of the syndicate loan, Stanbic bank will shore up $55 million in local currency debt, with the bank itself committing $9 million. Of the $55... Read more
12d
AllAfrica.com
Stock Market Recovery Crystalises30, 2017. Dangote Sugar Refinery Plc chalked up 195 per cent. May & Baker Plc h
AllAfrica.com / Posted 12 days ago
30, 2017. Dangote Sugar Refinery Plc chalked up 195 per cent. May & Baker Plc has appreciated by 183 per cent, while Stanbic IBTC Holdings Plc garnered 183 per cent. C & I Leasing Plc have also witnessed capital growth of 168 per cent, while... Read more
12d
AllAfrica.com
Peninscope Organises Public Lecture On Investment Options in Insurance, Pension FundsCollege of Insurance and Financial Management; Chief Dotun Ogunwolu: foremost I
AllAfrica.com / Posted 12 days ago
College of Insurance and Financial Management; Chief Dotun Ogunwolu: foremost Insurance broking Practitioner; Idu Okwuosa: Stanbic IBTC Bank; Dr. Mrs. Tonia Smart: MD/CEO, York City Consult Limited and Mr. Toye Odunsi: Managing Director, Custodian... Read more
12d
AllAfrica.com
NSE's Index Crosses 38,000 Mark As NB Leads Gainersclose at N15.30 per share. However, Forte Oil topped the losers' chart, sheddi
AllAfrica.com / Posted 12 days ago
close at N15.30 per share. However, Forte Oil topped the losers' chart, shedding 1.76 kobo to close at N43.23 per share. Stanbic IBTC trailed with a loss of 55 kobo to close at N42.00 per share. Flour Mills dipped by 40 kobo to close at N33.10... Read more
3 related articles
12d
AllAfrica.com
Private Sector Activity Up From October Record Lowmonth as the economy bounced back from a period of intense politicking, data fr
AllAfrica.com / Posted 12 days ago
month as the economy bounced back from a period of intense politicking, data from a monthly survey conducted by CfC Stanbic Bank shows. The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) for manufacturing and services rose for... Read more
13d
AllAfrica.com
Effects of Prolonged Electioneering Period Hit Kenyain contrast with projections of independent analysts, who have predicted growth
AllAfrica.com / Posted 13 days ago
in contrast with projections of independent analysts, who have predicted growth of below five per cent. Economists at Stanbic Bank and Citi Research have downgraded Kenya's growth projection to below five per cent with Stanbic giving 4.8 per... Read more
13d
AllAfrica.com
More On the 'Modified' Pioneer Status Lawyou build a house with. (Let me do small 'amebo' (gossip) - Yewande and Yemi Ka
AllAfrica.com / Posted 13 days ago
you build a house with. (Let me do small 'amebo' (gossip) - Yewande and Yemi Kale of the NBS used to work together at Stanbic IBTC. Maybe this helps. I hope it does). An area we both agreed on is that if this is done right, it's a good... Read more
14d
AllAfrica.com
High Court Overturns Fraudster's AcquittalOpen Tribe Foundation Trust. Mamvura injected $350 000 in the new business. Of
AllAfrica.com / Posted 14 days ago
Open Tribe Foundation Trust. Mamvura injected $350 000 in the new business. Of this, $250 000 was a loan secured from Stanbic Bank, which was secured by his Borrowdale home, while the other $100 000 was a CBZ Bank loan, which he got after... Read more
14d
AllAfrica.com
Stock Market's Year-Date Growth Hits 41%per cent as investors took profit following the previous week's gains. The depr
AllAfrica.com / Posted 14 days ago
per cent as investors took profit following the previous week's gains. The depreciation recorded in the share prices of Stanbic IBTC, FCMB Group, ETI, Flour Mills, and Unilever was mainly responsible for the loss recorded in the Index. Sector... Read more
18d
AllAfrica.com
Mortgages Expected to Become CheapSh416.85 billion, according to the Bank of Tanzania. However, the market was c
AllAfrica.com / Posted 18 days ago
Sh416.85 billion, according to the Bank of Tanzania. However, the market was controlled by three lenders -- Equity Bank, Stanbic Bank and Bank M -- who accounted for 53 per cent of the debt. "I hope the increase in the number of mortgage... Read more
19d
AllAfrica.com
Bank Profits Decline Over Rate Caps and Falling Economic Activityflat at around Ksh15.07 billion ($150.7 million). In the six months to June 30
AllAfrica.com / Posted 19 days ago
flat at around Ksh15.07 billion ($150.7 million). In the six months to June 30, KCB, Co-operative Bank, Barclays, CfC Stanbic and Housing Finance recorded a fall in profit while Sidian Bank formerly K-Rep Bank, posted a loss of Ksh122.79... Read more
3 related articles
19d
AllAfrica.com
Funding Troubles of Uganda's Tech Start-Upsin the market, a larger middle class to buy your product and the market will be
AllAfrica.com / Posted 19 days ago
in the market, a larger middle class to buy your product and the market will be the whole East African region," he says. Stanbic Bank head of business banking Mr Wayne Cook says there is potential for improvement among innovations as long as... Read more
20d
AllAfrica.com
Attractive TB Yields Threaten Banks' Savings MobilisationTrust Bank (GTBank), United Bank for Africa (UBA) Plc, FBN Holdings, Diamond Ba
AllAfrica.com / Posted 20 days ago
Trust Bank (GTBank), United Bank for Africa (UBA) Plc, FBN Holdings, Diamond Bank Plc, Access Bank Plc, Fidelity Bank Plc, Stanbic IBTC, Sterling Bank Plc, Union Bank of Nigeria Plc and Wema Bank Plc. For some years, there has been a structural... Read more
24d
AllAfrica.com
Stanbic Advocates Currency Hedgingcombination of business activities. This may result in currency and interest ra
AllAfrica.com / Posted 24 days ago
combination of business activities. This may result in currency and interest rate risks," he said. Standard Bank trades as Stanbic in the country. Mr Mlangeni said these market risks have a great impact on profitability and operations of the... Read more
25d
AllAfrica.com
Nestle, Unilever, Others Buoy NSE's Indices By N7 Billionby 0.65 kobo to close at N16.35 per share. Ecobank TransNational Incorporated
AllAfrica.com / Posted 25 days ago
by 0.65 kobo to close at N16.35 per share. Ecobank TransNational Incorporated shed 0.50 kobo to close at N16.50 per share. Stanbic IBTC dropped 0.40 kobo to close at N42.00 per share. Custodian and Allied Insurance also lost 0.12 kobo to close at... Read more
3 related articles
25d
AllAfrica.com
Politicians' Awareness Vital for Attractive Local Content Lawlaws must attract people and capital to come and invest. He was speaking on Tu
AllAfrica.com / Posted 25 days ago
laws must attract people and capital to come and invest. He was speaking on Tuesday at the Kampala Serena Hotel during a Stanbic Bank - British high commission partnership conference on Oil & Gas supplier chain development. The conference was... Read more
26d
AllAfrica.com
NSEs Market Capitalisation Plunges By N61 BillionZenith Bank lost 0.74 kobo to close at N24.24 per share. Guaranty Trust Bank sh
AllAfrica.com / Posted 26 days ago
Zenith Bank lost 0.74 kobo to close at N24.24 per share. Guaranty Trust Bank shed 0.59 kobo to close at N42.01 per share. Stanbic IBTC dropped 0.20 kobo to close at N42.40 per share. May&Baker lost 0.10 kobo to close at N2.72 per share. Caverton,... Read more
3 related articles
26d
AllAfrica.com
UK Investors Target Uganda's Oil SectorKampala — Stanbic Bank Uganda in partnership with the Energy Industries Council
AllAfrica.com / Posted 26 days ago
Kampala — Stanbic Bank Uganda in partnership with the Energy Industries Council EIC and the British High commission have hosted a high-powered trade delegation from the UK who were in the country to introduce British Oil &Gas goods and services... Read more
28d
AllAfrica.com
Political Jitters Cut Car Prices By Up to 20%to Sh3.4 million. Private sector activity dropped to a record low in October o
AllAfrica.com / Posted 28 days ago
to Sh3.4 million. Private sector activity dropped to a record low in October on political jitters, a recent survey from Stanbic shows. The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) for manufacturing and services slumped to 34.4... Read more
28d
AllAfrica.com
Why City Dealers Are Selling Cars At 'Throw Away Prices'to Sh3.4 million. Private sector activity dropped to a record low in October o
AllAfrica.com / Posted 28 days ago
to Sh3.4 million. Private sector activity dropped to a record low in October on political jitters, a recent survey from Stanbic shows. The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) for manufacturing and services slumped to 34.4... Read more
28d
AllAfrica.com
Stanbic, NSSF and Umeme Sweep 2017 Financial Reporting AwardsKampala — Stanbic Bank Uganda Limited won this year's Gold Award for the 7th ed
AllAfrica.com / Posted 28 days ago
Kampala — Stanbic Bank Uganda Limited won this year's Gold Award for the 7th edition of the 2017 Financial Reporting (FiRe) Awards organized by the Capital Markets Authority, the Institute of Certified Public Accountants of Uganda, Uganda Securities... Read more
28d
Zero Hedge
Bitcoin Soars To Record High Above $8000 After Mugabe Speecharrangements and pre-funding with hard currency. “You will be required to make
Zero Hedge / Posted 28 days ago
arrangements and pre-funding with hard currency. “You will be required to make prior limit arrangements with the bank,” Stanbic said in a message to depositors last week. Econet Wireless has also stopped foreign payments on its MasterCard... Read more
1m
AllAfrica.com
Stanbic Creates New Unit for Super Wealthy ClientsMid-tier lender Stanbic Bank Thursday launched a new business unit targeting th
AllAfrica.com / Posted a month ago
Mid-tier lender Stanbic Bank Thursday launched a new business unit targeting the growing number of high net-worth clients with a diversified set of on- and off-shore financial and investment services. The unit, Stanbic Wealth, will offer... Read more
1m
AllAfrica.com
Patience Jonathan Asks Court to Set Aside $5.8 Million, N3.5 Billion Forfeiture Orderanother order made by Justice Mojisola Olatoregun, directing managers of Skye B
AllAfrica.com / Posted a month ago
another order made by Justice Mojisola Olatoregun, directing managers of Skye Bank, Eco Bank Plc , Fidelity Bank Plc, Stanbic IBTC Plc, Zenith Bank Plc and Diamond Bank Plc, to in the interim, freeze the various sums of money in the accounts... Read more
4 related articles
1m
AllAfrica.com
Patience Jonathan Asks Court to Set Aside Order Freezing AccountsFederal High Court Lagos Division on October 10, 2017, directing the managers o
AllAfrica.com / Posted a month ago
Federal High Court Lagos Division on October 10, 2017, directing the managers of the Skye Bank, Eco Bank, Fidelity Bank, Stanbic IBTC, Zenith Bank, and Diamond Bank to in the interim, freeze and attach the various sums of money in the accounts... Read more
4 related articles
1m
AllAfrica.com
Kenya Politics Slows Business in Ugandaprivate sector has slightly slowed as the effects of political instability in K
AllAfrica.com / Posted a month ago
private sector has slightly slowed as the effects of political instability in Kenya found their way into the economy. The Stanbic Purchasing Managers Index (PMI), a product of IHS Markit, indicates the headline figure was at 52.8 in October, up... Read more
1m
AllAfrica.com
Patience Jonathan Urges Court to Set Aside $5.8m, N3.5b Forfeiture Orderby government from the Lagos Division of the court, directing the managers of S
AllAfrica.com / Posted a month ago
by government from the Lagos Division of the court, directing the managers of Skye Bank, Ecobank PLC , Fidelity Bank PLC, Stanbic IBTC PLC, Zenith Bank PLC, and Diamond Bank PLC to in the interim ,freeze Jonathan's accounts. The banks were also... Read more
4 related articles

In this news