Stanbic IBTC to boost banking subsidiary with rights issue proceeds

Stanbic IBTC Holdings Plc has unveiled a plan to allocate 96.3 per cent of the N148.7 billion raised from its rights issue to bolster its banking subsidiary. This strategic move underscores the group’s commitment to driving economic development through investmentsThe post Stanbic IBTC to boost banking subsidiary with rights issue proceeds appeared first on The Guardian Nigeria News - Nigeria and World News.

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