Stanbic IBTC in the Process of Establishing a wholly-owned Financial Technology Subsidiary


Tuesday, January 18, 2022, / 3:00 PM / by NGX / Header Image Credit: Premium Times


Stanbic IBTC Holdings Plc wishes to announce that it has commenced the process of seeking Regulatory approvals to establish a wholly-owned Financial Technology subsidiary to be known and referred to as Stanbic IBTC Financial Services Limited.


Subject to receiving all required regulatory approvals, including licensing by the Central Bank of Nigeria, the new subsidiary will function primarily as a Payment Solution Service Provider (PSSP).


Accordingly, Stanbic IBTC will update the market upon completion of the regulatory approval process as well as licensing of the new subsidiary.

Proshare Nigeria Pvt. Ltd.


Related News

  1. Stanbic IBTC Enlightens Nigerians on Stockbroking
  2. Stanbic IBTC SME Lending: Enabling National Growth
  3. Stanbic IBTC is Retaining Underperform Rating in Q3 2021 Results Review
  4. Stanbic IBTC Holdings Plc Notifies of Commencement of Closed Period for FY 2021 Financials
  5. Stanbic IBTC Pension Managers Spearheads Empowerment and Development for Nigerian Women
  6. Stanbic IBTC Holdings Plc Reports N39.9bn PAT in Q3 2021 Unaudited Results,(SP:N39.50k)
  7. Fitch Affirms Stanbic IBTC Holdings at 'AAA(nga)'
  8. Customers Stand a Chance of Winning N1 million in the Stanbic IBTC Savings Promo Campaign
  9. Stanbic IBTC Q2 2021 Results Review: Maintaining Underperform Rating Following Weak Q2 Results
  10. STANBIC Reports N22.5bn PAT in Q2 2021 Audited Results, Proposes N1.00K Interim Dividend

Proshare Nigeria Pvt. Ltd.
Related News