Stanbic IBTC Holdings PLC 2023 AR2
The report highlights Stanbic IBTC's strong financial performance in 2023, achieving a profit before tax of ₦172.91 billion, a significant increase from ₦100.27 billion in 2022. The group successfully launched its fintech subsidiary, Zest Payments Limited, to expand its digital financial services. In sustainability, Stanbic IBTC partnered with the Nigerian Conservation Foundation to plant 30,000 trees across ten states and transitioned 47 branch locations to hybrid solar power systems. Additionally, the company spent ₦1.1 billion on employee training and development and positively impacted 10 million people through corporate social investments.
Company: Stanbic IBTC Holdings PLC
Sector: Financials
Country: Nigeria
Year: 2023
Type: AR2
Pages: 203
Stanbic IBTC Holdings PLC
Annual Report
The report highlights Stanbic IBTC's strong financial performance in 2023, achieving a profit before tax of ₦172.91 billion, a significant increase from ₦100.27 billion in 2022. The group successfully launched its fintech subsidiary, Zest Payments Limited, to expand its digital financial services. In sustainability, Stanbic IBTC partnered with the Nigerian Conservation Foundation to plant 30,000 trees across ten states and transitioned 47 branch locations to hybrid solar power systems. Additionally, the company spent ₦1.1 billion on employee training and development and positively impacted 10 million people through corporate social investments.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 16, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees