Stanbic IBTC Holdings Plc - Company Profile
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Stanbic IBTC Holdings PLC (Stanbic IBTC) is a financial services company that operates through various subsidiaries. The company's main activities include banking, insurance, and asset management. Stanbic IBTC offers a range of products and services such as lending, transactional banking, card products, pension fund administration, asset management, trust and fiduciary services, life insurance, and insurance brokerage services. The company serves a diverse customer base, including small and medium enterprises, national corporates, high-net-worth individuals, and retail customers. The company operates through various distribution channels, including a branch network, voice branch, digital and e-commerce. Stanbic IBTC primarily operates in Nigeria and other international markets. Stanbic IBTC is headquartered in Lagos, Nigeria.
Stanbic IBTC Holdings Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Payments and Collections | Stanbic IBTC |
| Current | Insurance Solutions | |
| Savings | Risk Solutions | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In November, the company launched its Digital Lending Suite, an integrated platform. |
| 2024 | Contracts/Agreements | In December, Stanbic IBTC Bank collaborated with CIG Motors to drive inclusion for individuals and business owners to own a new GAC vehicle. |
| 2024 | New Products/Services | In November, the company launched the Senior Citizens Account, a tailored financial product. |
Competitor Comparison
| Key Parameters | Stanbic IBTC Holdings Plc | Access Holdings PLC | Zenith Bank Plc | Guaranty Trust Holding Company PLC | Fidelity Bank Plc |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Nigeria | Nigeria | Nigeria | Nigeria |
| City | Victoria Island | Victoria Island | Victoria Island | Victoria Island | Victoria Island |
| State/Province | - | Lagos | Lagos | Lagos | Lagos |
| No. of Employees | 3,251 | 9,960 | 10,397 | 5,984 | 3,466 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Adekunle Adedeji | Chief Finance and Value Management Officer; Director | Executive Board | 2025 | - |
| Chukwuma Nwokocha | Chief Executive Officer | Senior Management | 2025 | - |
| Sola David-Borha | Chairman | Executive Board | 2024 | - |
| Chidi Okezie | Head - Legal and Governance, Nigeria | Senior Management | - | - |
| Wole Adeniyi | Stanbic IBTC Bank Ltd | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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