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Stanbic IBTC Wins Best Trade Finance Bank Award in Nigeria


Stanbic IBTC Bank has received multiple honours at the Cosmopolitan The Daily Business Awards.

In a statement on Wednesday, the bank revealed that it received an award as the Best Cash Management Bank and the Best Trade Finance Bank in Nigeria, underscoring its commitment to excellence in financial services.

The Cosmopolitan The Daily Business Awards recognises and rewards excellence in business to companies all over the globe, both in the public and private sectors. Its goal is to make sure that innovation, creativity and the drive to create value get their due recognition.

Commenting on the awards, Executive Director of Corporate and Transaction Banking, Stanbic IBTC Bank, Eric Fajemisin, said, “We are honoured to be recognised as Nigeria’s Best Cash Management Bank and Best Trade Finance Bank at the Cosmopolitan The Daily Business Awards. These awards are a reflection of our steadfast commitment to excellence and innovation in financial services.”

He added, “At Stanbic IBTC Bank, we believe in empowering our clients by providing tailored solutions that drive their success and foster economic growth in Nigeria. This achievement motivates us to continue setting high standards and delivering exceptional value as we navigate the evolving landscape of banking together.”

 The accolade for Best Cash Management Bank acknowledges Stanbic IBTC Bank’s proficiency in providing tailored solutions that enhance liquidity and optimise cash flow for companies, while the award for Best Trade Finance Bank is also a testament to the bank’s offerings that facilitate international commerce, empowering local businesses to expand their reach globally.

Head of Transaction Banking, Stanbic IBTC Bank, Jesuseun Fatoyinbo, emphasised that these accolades are not just honours; they reflect the bank’s relentless pursuit of excellence and commitment to fostering economic growth in Nigeria.

“Together, we will continue to redefine what is possible in transaction banking,” Fatoyinbo said.

 The bank affirmed that it remains committed to driving innovation and offering value-added services that enable its clientele to thrive in an ever-evolving business environment.

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