Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has restated its commitment to ensure businesses grow in a sustainable way, in line with its pledge to move individuals and businesses forward. Executive Director, Personal and Business Banking of the bank, Babatunde Macaulay, made this commitment via a statement released on Friday, 29 January 2016.
Macaulay said “the bank plans to achieve this by engaging more deeply with clients through an excellent relationship management team with local knowledge and expertise that will seek to understand the client’s business in such a way that will help the bank provide adequate support for the business locally and across our operations globally to achieve sustainable growth.”
He added, “We remain focused and determined to ensure business sustainability. This determination is reflected in our new value proposition to our commercial banking clients, launched in November 2015. The new proposition will ensure that we continue to meet your project financing and foreign exchange needs while providing you with access to other markets across Africa and beyond.”
The bank had late last year in Lagos unveiled a new value proposition for its commercial banking customers as it promised to serve them better. Chief Executive, Stanbic IBTC Bank, Yinka Sanni had assured customers at the launch event that the bank, drawing on the Stanbic IBTC Group’s local expertise and global reach, is better positioned to move their businesses forward.
“We are delighted to unveil our new value proposition to our commercial banking customers. The new proposition highlights how we can serve you better through innovative solutions designed to meet your business needs,” Sanni said.
According to Macaulay, the commercial banking customer value proposition is in line with the Stanbic IBTC brand campaign pledge, which highlights the Group’s market leadership, reinforces its vision and values, as well as its willingness and ability to meet and exceed customers’ expectations.
The campaign, which is ongoing, highlights opportunities through which the Stanbic IBTC Group can help businesses and individuals accomplish their goals. It reflects insights from market research on customer expectations, which the financial institution deploys as it continues to expand its operations across the country. Macaulay, therefore, enjoined businesses to take full advantage of the proposition by engaging the relationship management team to ensure their needs are promptly addressed.
Stanbic IBTC Bank’s commercial banking covers medium and big businesses and offers a wide range of products and services, including overdraft facility, cash credit, bill discounting, term lending, structured debt and asset finance, debt origination, project finance, among others.
Stanbic IBTC Bank is a subsidiary of Stanbic IBTC Holdings Plc, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group, to which Stanbic IBTC Holdings belongs, is the largest African bank by assets and market capitalization. It is rooted in Africa with strategic representation in 20 countries on the African continent, including South Africa. Standard Bank has been in operation for over 153 years and is focused on building first-class, on-the-ground financial services organisations in chosen countries in Africa and connecting other selected emerging markets to Africa and to each other, applying sector expertise, particularly in natural resources, globally.
HOPE MOSES-ASHIKE
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