Stanbic IBTC Holdings PLC Reports Earnings Results for the Half Year Ended June 30, 2023

Stanbic IBTC Bank Ltd, formerly Stanbic IBTC Bank PLC, is a financial holding company. The Company offers all its clients a range of personal, business, and commercial banking. The Company’s segments include Business & Commercial clients (BCC), Corporate and Investment Banking (CIB) and Consumer & High Net Worth (CHNW). The CIB segment provides based client solutions for a spectrum of small-and medium-sized businesses, as well as large commercial enterprises. The CIB client segment serves large companies (multinational, regional and domestic), governments, parastatals, and institutional clients across Africa and internationally. The CHNW client segment is responsible for the end-to-end lifecycle of clients. The CHNW services individual clients across Nigeria. It offers current, savings, and domiciliary accounts; personal loans, vehicle, and asset finance; MasterCard debit cards, Visa credit cards; home loans; Internet banking, and small and medium scale enterprise loans.