Stanbic IBTC Bank Plc operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Stanbic IBTC Bank Plc with three other
companies in this sector in Nigeria:
Diamond Bank Plc
sales of 186.67 billion Naira [US$610.40 million]
of which 50%
was Retail/Regional Banking),
Union Bank of Nigeria PLC
(155.28 billion Naira [US$507.76 million]
of which 29%
was Treasury and Investment), and
Fidelity Bank Plc
(180.16 billion Naira [US$589.13 million]
of which 42%
was Retail Banking).
During the year ended December of 2017, sales at
Stanbic IBTC Bank Plc were 211.88 billion Naira (US$692.86 million).
increase of 36.2%
versus 2016, when the company's sales were 155.61 billion Naira.
This was the fifth consecutive year of sales increases at Stanbic IBTC Bank Plc
(and since 2012, sales have increased a total of 131%).
Sales of Corporate and Investment Banking saw an increase
11.6% in 2017, from
78.44 billion Naira to 87.55 billion Naira.
Not all segments of Stanbic IBTC Bank Plc experienced an increase in sales in 2017:
sales of Wealth fell 82.9% to 5.47 billion Naira.
Stanbic IBTC Bank Plc also experienced decreases in sales in
Personal and Business Banking (down 35.6% to 29.89 billion Naira)