List of Stanbic IBTC Branches in Abuja

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Stanbic IBTC is a member of Standard bank, with operations in more than 20 countries in Africa and abroad. Stanbic IBTC provides a number of banking services and solutions in Nigeria.

Stanbic IBTC, formally known as Stanbic IBTC Holdings is a financial service holding company in Nigeria with subsidiaries in other sectors such as banking, stock brokerage, consultancy, investment advisory, pension and trustee businesses. Stanbic IBTC Holdings is a member of the Standard Bank Group, the parent company and financial services giant based in South Africa. Standard Bank is Africa’s largest banking group based on assets and earnings operations in 20 African countries and 13 countries outside Africa.

Stanbic IBTC offers banking and financial services in various sectors. That is, individuals, businesses, institutions and corporations both in Nigeria and abroad. Stanbic IBTC stands out because of its ability to work across the country by providing integrated banking solutions across banking services, business units, legal services and corporate functions.

Asides the wide range of services offered by Stanbic IBTC, the bank is committed to its clients by making sure they have a memorable experience when banking with Stanbic IBTC.

List of Stanbic IBTC Branches in Abuja

List of Stanbic IBTC Branches in Abuja

History of Stanbic IBTC

Stanbic IBTC Holdings PLC. came to be as a result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007. In 2012, the group then adopted a holding company structure in order to comply with the revised regulatory framework as suggested by the Central Bank of Nigeria. The Central bank of Nigeria required that banks either divest from non-core banking financial services or adopt a holdings company structure.

Before the groups merged

IBTC Chartered Bank Plc

Investment Banking & Trust Company Plc, popularly known as IBTC was formed as an investment bank on the 2nd of February, 1989. The Chief Executive officer of IBTC was Atedo N.A. Peterside. In 2005, the Central Bank of Nigeria announced its re-capitalization program for Nigerian commercial banks. This meant that all commercial banks had to have an NGN 25 billion minimum capital base before they could be allowed to keep operating. This prerequisite by the Central Bank led to the merge of Investment Banking and Trust Company (IBTC) with Chartered Bank Plc and one other, Regent Bank Plc on the 19th of December, 2005 to form IBTC Chartered Bank Plc.

IBTC Chartered bank began with a total asset base of NGN 125 billion and was also listed on the Nigerian Stock Exchange.

Stanbic Bank Nigeria Limited

Stanbic Bank Nigeria Limited was established in 1991. The bank was formed when Standard Bank Investment Corporation (Stanbic Bank), acquired the African operations of ANZ Grindlays Bank. Its name was later changed to Stanbic Bank Nigeria Limited.

The Merger of IBTC Chartered Bank Plc and Stanbic Bank Nigeria Limited

On the 24th of September 2007, IBTC Chartered Bank Plc merged with Stanbic Bank Nigeria Limited. Stanbic Africa Holdings Limited offered to acquire additional IBTC shares so it could have majority shares in the merged business. After some time, the business name was changed to Stanbic IBTC Holdings Plc and began trading on the Nigerian Stock Exchange market.

Currently, the stock of Stanbic IBTC Holdings is listed on the NSE, where it trades under the symbol: STANBIC

Governance of Stanbic IBTC

The running of Stanbic IBTC Holding is governed by a 12-person board of directors (9 non-executive and 3 executive). The chairman of the group is Mr. Basil Omiyi.

Stanbic IBTC Subsidiaries

  • Stanbic IBTC Asset Management
  • Stanbic IBTC Asset Management is a financial institution under Stanbic IBTC holdings. It is a financial institution that offers a wide range of advisory and investment services such as:

Traditional assets

Equities

Fixed income securities

Mutual funds

Private equity options

Unquoted equities

 

  • Personal and business banking solutions
  • Stanbic IBTC Bureau de Change (SIBDC)- Incorporated in December 2012. A subsidiary of Stanbic IBTC Bank
  • Stanbic IBTC Capital- Leading investment and banking franchise
  • Stanbic IBTC Insurance Brokers- Offers banking services such as risk management consultancy, life insurance, non-life insurance, pension advise, health insurance consultancy, claim service expertise
  • Stanbic IBTC Nominees Limited (SINL)- A leading custodial and investor service provider
  • Stanbic IBTC Pension Managers Limited
  • Stanbic IBTC Stockbrokers- This is a leading stockbroking and investment management frim under Stanbic IBTC Holdings
  • Stanbic IBTC Trustees: This is a subsidiary of Stanbic IBTC Holdings plc that is in the business of assets and property management since 2010

Many Nigerians like to bank with Stanbic IBTC because of the security and the benefits that come with banking with Stanbic IBTC due to their being long in the banking game. This article provides information on the branches of IBTC bank in the Federal Capital Territory, Abuja. Read on below:

List of Stanbic IBTC Branches in Abuja

Stanbic IBTC Bank Kubwa Branch
Address: CM 71/72 Gado Nasco Road, Kubwa, Abuja.
Phone: +234 (0) 803 623 7498

Stanbic IBTC Garki branch

Address: NNPC Tower, Herbert Macaulay Way, Garki, Abuja

Phone: +234 (0) 803 470 4319;

Stanbic IBTC Gwaga Branch
Address:  Mini Deide Market Road, Gwaga Road, Dei Dei, Abuja.
Phone: +234 (0) 803 470 4319

Stanbic IBTC Ringim Branch
Address: Plot 593, Area 7 at Ringim Close, Garki, Abuja.
Phone: +234 9 2346232-5, 2347249, 7802052;
Website: http://www.stanbicibtcbank.com

Stanbic IBTC Bank Plc.
Address: Plot CBN 2, Ladoke Akintola Boulevard at Garki 2, Abuja.
Phone: +234 (0) 709 810 8458
Website: http://www.stanbicibtcbank.com

Stanbic IBTC plc

Address: Infinity House, Number 11, Kaura Namoda Street, Abuja

Stanbic IBTC Garki Branch.
Address: Plot 437, 8 Langtang close off Tafawa Balewa way at Area 3, Garki, Abuja.
Phone: +234 9 2340667, 2342012
Website: http://www.stanbicibtcbank.com

Stanbic IBTC Maitama Branch
Address: Plot 2777, Cadastral Zone A6 at Maitama district, Maitama, Abuja.
Phone: +234 9 4134487, 4137406, 4134489;

Stanbic IBTC Bank Plc.
Address: Edo House, 75 on Ralph Sodeinde Street, Central Business District, Abuja.
Phone: +234 9 4613751, 4613753;
Website: http://www.stanbicibtcbank.com

Stanbic IBTC Bank Plc.
Address: Number 1A, Kwad Shopping Complex at Mararaba, Abuja.
Phone: +234 (0) 802 880 6410
Website: http://www.stanbicibtcbank.com

Stanbic IBTC Gwagwalada Branch

Plot 415, Specialist hospital road, Gwagwalada

Stanbic IBTC Airport Branch

Nigerian Immigration Headquarters at Airport Road Abuja

Stanbic IBTC plc

Plot 149, Ahmadu Bello way at Area 11, Garki Abuja




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