Stanbic IBTC seeks to raise N550bn

Stanbic IBTC seeks to raise N550bn

Stanbic IBTC Holdings Plc is looking to raise N150 billion through a rights issue programme and N400 billion through a debt issuance programme, amounting to a total of N550 billion. These were part of the resolutions during the group’s Annual General Meeting held on May 16…
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