Corporate profile

Stanbic IBTC Holding PLC traces its origin to Investment Banking and Trust Company Limited (‘IBTC’), a private limited liability company on 2 February 1989. IBTC was granted a merchant banking license in February 1989 and commenced operations on 1 March 1989. IBTC’s merchant banking license was converted to a universal banking license in January 2002, pursuant to the universal banking guidelines of the CBN. In 2005, IBTC became a public company and its shares were listed on The Nigerian Stock Exchange.

In December 2005, IBTC merged with Chartered Bank PLC and Regent Bank PLC and changed its name to IBTC Chartered Bank PLC (‘IBTC Chartered’) on 25 January 2006. On 24 September 2007, IBTC Chartered merged with Stanbic Bank Nigeria Limited (‘Stanbic Bank’), a wholly owned subsidiary of Stanbic Africa Holdings Limited (‘SAHL’), which in turn is a subsidiary of Standard Bank Group Limited of South Africa. As part of the transaction that resulted in the combination of IBTC Chartered and Stanbic Bank, SAHL acquired a majority shareholding (53.2%) in the enlarged bank, which was named Stanbic IBTC Bank PLC. 

On 8 November 2012, Stanbic IBTC officially adopted a holding company structure in compliance with the revised regulatory framework by the Central Bank of Nigeria which requires banks to divest from non-core banking businesses or adopt a HoldCo structure.

Under the new structure, the operating subsidiaries of Stanbic IBTC Holdings PLC are Stanbic IBTC Bank, Stanbic IBTC Pension Managers Limited, Stanbic IBTC Asset Management Limited, Stanbic IBTC Trustees Limited, Stanbic IBTC Capital Limited, Stanbic IBTC Stockbrokers Limited, and Stanbic IBTC Ventures Limited. Stanbic IBTC Nominees Nigeria Limited and Stanbic IBTC Bureau de Change Limited are the only subsidiaries of Stanbic IBTC Bank.

Stanbic IBTC Insurance Brokers was incorporated on 29 December 2014 as a subsidiary of Stanbic IBTC Holdings PLC. The new Company is however yet to commence business as the Insurance brokerage license is still being processed.

Stanbic IBTC Holdings is a full service financial institution which offers a wide range of products to a variety of segments. Stanbic IBTC provides end-to-end financial solutions which include corporate and investment banking, personal and business banking, stockbroking and wealth management.

Standard Bank Group, to which Stanbic IBTC belongs, is rooted in Africa with strategic representation in 20 key sub-Saharan countries and other emerging markets. Standard Bank has been in operation for over 150 years and prides itself on being a global bank with African roots. The largest African bank by assets and earnings, it operates in 20 countries on the African continent, including South Africa, as well as in other selected emerging markets.

We uphold high standards of corporate governance and are committed to advancing the principles and practice of sustainable development. Our success and growth over the long term is built on making a difference in the communities in which we operate.

View our new structure.


To be the leading end-to-end financial solutions provider in Nigeria through innovative and customer-focused people.


Serving our customers

We do everything in our power to ensure that we provide our clients with the products, services and solutions to suit their needs, provided that everything we do for them is based on sound business principles.

Growing our people

We encourage and help our people to develop to their full potential and measure our leaders on how well they grow and challenge the people they lead.

Delivering to our shareholders

We understand that we earn the right to exist by providing appropriate long-term returns to our shareholders. We try extremely hard to meet our various targets and deliver on our commitments.

Being proactive

We strive to stay ahead by anticipating rather than reacting, but our actions are always carefully considered.

Working in teams

We do everything in our power to ensure that we provide our clients with the products, services and solutions to suit their needs, provided that everything we do for them is based on sound business principles.

Constantly raising the bar

We have confidence in our ability to achieve ambitious goals and we celebrate success, but we must never allow ourselves to become complacent or arrogant.

Respecting each other

We have the highest regard for the dignity of all people. We respect each other and what Stanbic IBTC stands for. We recognise that there are corresponding obligations associated with our individual rights.

Upholding the highest levels of integrity

Our entire business model is based on trust and integrity as perceived by our stakeholders, especially our clients.


This section includes Our vision and values, Corporate profile, Our network and Recognition

Market capitalisation
R232 billion
(USD20 billion)

Total assets
R1,907 billion
(USD165 billion)

Operating in
20 African countries
and 13 countries outside Africa

49,259 employees
(USD165 billion)

1,233 branches
(180 in Nigeria)

8,623 ATMs
(415 in Nigeria)

Corporate and Investment Banking (CIB)
Total income:
₦ 1.4 billion
Corporate and investment banking services to government, parastatals, larger corporates, financial institutions and international counterparties in Nigeria.

Personal and Business Banking (PBB)
Total income:
₦ 30.7 billion
Banking and other financial services to individual customers and small to medium sized enterprises.

Total income:
₦ 22.5 billion
Investment management in form of asset management, pension fund administration and trusteeship.

Best Investment Bank in Nigeria
Euromoney award of excellence (awarded to Stanbic IBTC Capital)

Best SME Bank in Nigeria
International Finance Magazine award

2014 Best Bank in Nigeria Award
Euromoney Real Estate Survey

The most active Dealing Member Firm (Stockbroking)
The Nigerian Stock Exchange CEO Award 2014

Pension Administrator of the year
8th LEAD Africa 2014 – (awarded to Stanbic IBTC Pension Managers)

Best IPO (Seplat) in Africa
EMEA Finance award 2014

Best follow-on funding in Africa
EMEA Finance award 2014

Best supranational borrower
EMEA Finance award 2014

Best syndicated loan of the year
EMEA Finance award 2014

Best sub-custodian bank in Nigeria 2014
Global Finance magazine awards

Best sub-custodian in Nigeria 2014
Global Investor awards



Latest: At Stanbic IBTC Bank, Your Business = Our Work.

©Copyright 2015 Stanbic IBTC. Stanbic IBTC is a member of the Standard Bank Group, an authorized financial services and registered credit provider. RC125097