Archive for March, 2008
Stanbic IBTC Bank was officially launched in Lagos , Nigeria today, signalling the successful conclusion of the merger of Stanbic Bank ( Nigeria ) Limited and the IBTC Chartered Bank Plc.
The group achieved good results in the past year with headline earnings increasing by 16% to R599.6 million and headline earnings per share increasing by 15% to 171.6 cents. This was due to a number of reasons including increased sugar production in South Africa, Tanzania and Mozambique
The Managing Director/Chief Executive Officer, Oceanic Bank International Plc, Mrs. Cecilia Ibru, has attributed the bank’s rapid growth to increasing customer support and patronage.
Guaranty Trust Bank plc has been voted the most customer focused bank in Nigeria by KPMG (a global network of professional firms providing Audit, Tax and Advisory Serves) in its 2008 Banking Industry Customer Satisfaction Survey.
Oceanic Insurance Group has joined the league of other industry bodies to express its support that will facilitate the success of the international Insurance Future Summit 2008, scheduled to hold in Abuja next month.
Africa investor (Ai), the Pan- African investment Communication group is hosting the Ai Nigeria Infrastructure investor Projects Summit in Abuja, Nigeria from 16-17 June 2008.
The Managing Director/Chief Executive Officer, Oceanic Bank International Plc, Mrs. Cecilia Ibru, has called for a global support to further deepen the African financial sector.