Browsing: Stanbic IBTC

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a series of pre-retirement seminars in three states across the federation – namely Edo, Plateau, and Oyo states, from 11 May to 25 May 2023. At these seminars, the esteemed customers of the organization received valuable knowledge on effective early retirement planning and investment strategies.

Speaking during the panel session at the recently held Medic West Africa Conference, Jane Ike-Okoli, Head, Specialised Sectors, Stanbic IBTC Bank noted that effective collaboration between the financial industry and healthcare organisations is key to advancing Nigeria’s health sector. She also mentioned that the sector is yearning for innovative financing solutions that will address the nuances associated with lending to healthcare businesses.

Some of the merchant stores include: Jed Mega Stores Limited, NCN Happy Home Global Limited, Heroes Garden, Soul Interbiz (AK Collections), Aero Logistics and Travel Limited, Balcony Regency Suites, The View Hotel and Suites, Chard Pharmacy Limited, Hawthorn Suite by Wydnham International Hotel and Suites, The Rodina Hotel and Suites, MedPlus Pharmacy Limited, Waxit Spa, Classy-Chi Devine Cosmetics Nig Limited and others. These merchants offer services that cut across logistics, hospitality, fashion, beauty, wellness, and health care.

Stanbic IBTC Stockbrokers removed the minimum account opening balance for investors to open a stock brokerage account, thereby allowing them to enjoy the capital appreciation and income potential of the market and help secure their financial future. It also reduced the brokerage fees previously charged when clients use the online platform, making it easy and affordable for everyone to invest.

According to the bank, the devaluation of the naira due to the global economic downturn has reduced disposable income as more naira is required to maintain the current level of expenditure and consumption. This is more so, given that the economy is largely import driven and there is a need for people to access funds seamlessly from their financial partners.