Stanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

Stanbic IBTC has explained why its board was yet to release the audited financial statements for the 2020 Half Year.

In a notice to the Nigerian Stock Exchange (NSE), the company said the delay was as a result of the approval of from its primary Regulator, the Central Bank of Nigeria.

However, the lender expressed optimism that within the next 4 weeks of this notice, the much-awaited Audited Financial Statements would be filed and investors will have the opportunity to know its financial position.

“This is to inform The Nigerian Stock Exchange as well as our Esteemed Stakeholders that we are experiencing a slight delay in the release of the 2020 Half Year Audited Financial Statements for Stanbic IBTC Holdings PLC (“Stanbic IBTC”). 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 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 2020 Half Year Results are published on or before Friday 25 September 2020.”

- Advertisement -
Stanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand SpurStanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read Also:  A Customer's Personal Experience with First Bank CEO

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand SpurStanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand Spur

Latest News

Global Digital Advertising Spending to Jump 14% YoY and Hit $395B in 2021

Although the COVID-19 pandemic slowed the growth of digital advertising, online ads are still expected to increase their market...

Xiaomi shares slide despite positive third-quarter performance

Xiaomi shares slid 3.7% today in Hong Kong to HK$26.15, despite the phone maker’s positive financial and operating performance during the third quarter of the year. The...

Pandemic winners: HP and Dell report better than expected earnings

Both HP and Dell reported their earnings after the close of markets yesterday. The earnings were better than expected as the work-from-home trend lifted...

Manchester City 2020-2021 Squad Most Expensive Out of Top 5 Leagues

Football transfer fees have exploded over the last two decades with some of the top clubs not afraid to spend more than €100M for...

InfraCredit to Raise Fresh Capital

The Infrastructure Credit Guarantee Company (InfraCredit) has revealed plan to raise additional capital to fund critical projects in Nigeria. The unit of the Nigeria Sovereign...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Stanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand SpurStanbic IBTC Reveals Reason for Delay in Filing H1 2020 Audited Results - Brand Spur