Banking Sector

Olu Delano Invests N17.266 Million in Stanbic IBTC After Strong 2020 Performance

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3 years ago

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Olu Delano, the head of clients coverage, Stanbic IBTC Bank Plc, invested N17.266 million in Stanbic IBTC Bank’s share following an outstanding performance in 2020.

The leading bank posted N80.939 billion in profit for the year ended December 31, 2020. Investors, both insider and public, jumped on the bank stocks after its strong performance across the board in 2020.

Delano bought 332,032 shares of Stanbic IBTC Bank at N52 each on 31 March 2021 from the Nigerian Stock Exchange in Lagos Nigeria. Bringing the total purchase to N17.266 million. See the details below.

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