Banking Sector

Stanbic IBTC to Release Audited Half Year Results on or Before Regulatory due Date

Stanbic IBTC Holdings Plc, one of Africa’s leading financial institutions, on Tuesday announced a slight delay in the release of its 2021 Half Year Audited Financial Statements.

The lender disclosed in a statement signed by Chidi Okezie, Company Secretary and obtained by Investors King.

The bank said the audited half-year statements has been submitted to the Central Bank of Nigeria for approval.

It said “This delay is occasioned by the fact that we are currently seeking the approval of our primary Regulator, the Central Bank of Nigeria (“CBN”) for the 2021 Half Year Audited Financial Statements, following which the said Financial Statements will then be released to the Market.

“We are working diligently to ensure that our Company’s 2021 Half Year Results are submitted to the Nigerian Exchange Limited as soon we receive approval from our primary Regulator, the CBN; and this may occur before or shortly after the regulatory due date of 29 August 2021.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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