• Thursday, February 29, 2024
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BusinessDay

Stanbic IBTC Bank deepens book reading culture among students

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Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has organised a book reading session for students in Lagos as part of the World Literacy Day. Management said it was in line with the organisation’s determination to help deepen the reading culture among Nigerians, especially the youth and students.

The exercise, an integral part of the company’s corporate social investment initiatives, was held at Zaccheus Onumba Dibiaezue Memorial Libraries, Ikoyi, Lagos, with students from various secondary schools in Lagos in attendance.

Ame Okwudi, manager, Events and Corporate Social Investment, Stanbic IBTC Holdings, who conducted the reading sessions, said the initiative was a further demonstration of the organisation’s focus on laying a solid foundation for the breeding of a future generation of Nigerians.

“The book reading session, in collaboration with Zaccheus Onumba Dibiaezue Memorial Libraries, is a demonstration of Stanbic IBTC’s commitment to facilitating a better future for Nigeria by providing young people with opportunities to have qualitative education. We will continue to identify partnership opportunities towards the sustained development of the education sector in Nigeria,” she stated.

Stanbic IBTC’s CSI philosophy, Okwudi added, is anchored on the three critical areas of societal needs namely economic empowerment, education and health, stressing that young people are entitled to have qualitative education as this will empower them economically and in so doing, contribute to the socio-economic growth of Nigeria.

 She said for corporate social responsibility initiatives to have the desired transformational impact on the lives of the people; stakeholders must collaborate and move beyond rhetoric, to match lofty words and plans with action.

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, is 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 is the largest African bank by assets and earnings.