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Stanbic IBTC Bank - NIGERIA

Stanbic IBTC Bank was officially launched in Lagos, Nigeria, signaling the successful conclusion of the merger of Stanbic Bank (Nigeria) Limited, a member of The Standard Bank Group of South Africa Limited and the IBTC Chartered Bank Plc.

The Standard Bank Group merged its Nigerian operations, Stanbic Bank Nigeria with that of IBTC Chartered Bank PLC. The merger, by way of the first ever tender offer in Nigeria and a $525 million FDI, the largest in Nigerian financial history, gave birth to a new entity now known as Stanbic IBTC Bank PLC which became part of the Standard Bank Group. The merger was officiated in August, 2008 and legalised on the 24th of September 2007.


BOT ENGINEERING COMPANY LIMITED is responsible for the following:

  • Rectification of their existing power structure
  • Power Audit
  • Maintenance

 

Stanbic IBTC Bank - www.stanbicibtcbank.com