Stanbic IBTC’s half-year profit slows to four-year low on interest income decline

Stanbic IBTC financial statement revealed the recorded 14.07 percent increase in its operating expense to N55.37 billion in June 2021

Stanbic IBTC Holdings Plc, a member of Standard Bank Group has reported its lowest profit in four years in the first half of 2021 as income and non-income interests declined. The profit after tax of the financial services company was down by 50.13 percent to N22.54 billion in the six months to Ju

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