Stanbic IBTC- Top50 Brands 2025
Stanbic IBTC Bank Plc
Year of Establishment | 1989; holding company structure adopted in 2012; listed on NSE in November 2012 |
Website | |
Headquarters | Stanbic IBTC Towers, Walter Carrington Crescent, Victoria Island, Lagos, Nigeria |
Group Chief Executive | Dr. Demola Sogunle |
Bank CEO (Stanbic IBTC Bank) | Wole Adeniyi – oversees technology, digital transformation, and retail/commercial banking divisions |
Chairman, Holdings Board | Sola David-Borha |
Number of Employees | Over 4,200 employees as of circa 2020 |
Business Segments | Full-suite financial services including banking (retail, corporate), pension, asset management, stockbroking, trusteeship, investment banking, insurance, and fintech (Zest Payments) |
Total Assets (2024) | ₦6.91 trillion (up 34% from ₦5.15 trillion in 2023) |
Operating Income (2024) | ₦646.8 billion (82% increase over 2023’s ₦355 billion) |
Best Known As | A diversified, integrated financial services leader in Nigeria—backed by Africa’s largest bank. Recognized for strong digital innovation, financial inclusion, and rapid growth. (Stanbic IBTC, Wikipedia) |
Stanbic IBTC Bank Plc has established itself as one of Nigeria’s most reputable and customer-focused financial institutions, known for its wide range of banking, investment, and wealth management services that cater to individuals, businesses, and institutional clients. Established in 1991 and later merging with IBTC Chartered Bank to form Stanbic IBTC Holdings, the bank has consistently delivered innovative financial solutions while maintaining strong governance and operational excellence.
The bank’s portfolio covers retail banking, corporate banking, investment banking, asset management, pensions, and insurance services. Its digital platforms, including the Stanbic IBTC Mobile App and Online Banking Services, offer seamless access to banking, investment, and financial planning tools, ensuring convenience, security, and efficiency for millions of users across Nigeria.
Stanbic IBTC Bank’s success is reflected in its financial performance, consistently reporting strong profits and operational growth. Its commitment to sustainable banking practices and risk management has earned it a reputation for stability and reliability, reinforcing consumer trust and confidence. The bank also actively supports SMEs, entrepreneurs, and corporate clients through tailored lending solutions, advisory services, and strategic partnerships, driving economic growth and job creation.
The bank has demonstrated a strong commitment to corporate social responsibility (CSR) and sustainability, focusing on education, health, financial literacy, and community development initiatives. Notable programs include the Stanbic IBTC Financial Literacy Campaigns, Skills Development Programs, and Community Empowerment Projects, which positively impact the socio-economic wellbeing of communities across Nigeria.
Stanbic IBTC Bank has received multiple awards and recognitions, including accolades for Best Digital Bank, Customer Service Excellence, and Investment Banking Leadership. These achievements underscore its dedication to innovation, operational excellence, and societal impact. The bank is also recognized for adherence to international standards, ensuring compliance with regulatory and industry best practices.
Through its comprehensive financial services, commitment to innovation, and focus on empowering communities and businesses, Stanbic IBTC Bank Plc continues to solidify its position as a leading financial institution in Nigeria, delivering value to its customers while contributing to sustainable economic development.
