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Personal and Business Banking

In line with our earlier articulated strategic plan, the focus of the business in 2013 was to scale up by growing our client base across all lines of business with particular attention to Personal Banking and SME.

We were able to surpass the one million customer mark within the year after acquiring >360,000 new customers in the period. We will continue to grow our active customer base to achieve desirable scale.

Case study


“Your bank, Stanbic IBTC, is a brand that has come to stay in the Nigerian Bottling Company
because of its responsiveness, transparency and integrity”.

These are the words of a senior Human resource personnel as also echoed by other employees.

Corporate and Investment Banking

The Corporate and Investment Banking (CIB) business continues to make great strides in Nigeria’s challenging and complex economic, capital markets and regulatory environment in pursuit of its goal of being the clear leader in corporate and investment banking in, and for, Nigeria.

Danone and Abraaj’s Acquisition of Fan Milk


In 2013, Stanbic IBTC Capital Limited advised Danone, one of the largest food product manufacturers in the world, producing fresh dairy, water and nutritional products globally, on the acquisition of Fan Milk in partnership with Abraaj, a leading emerging market focused private equity group.


The Wealth division focuses primarily on pension administration and management, private non-pension asset management as well as trusteeship and estate planning business.

2013 highlights


Achieved record assets under management of N1.32 trillion (USD8.18 billion)
to maintain position as the largest institutional investment business
and number one wealth manager in Nigeria with Stanbic IBTC Pension Managers
crossing the N1 trillion mark in assets under management.