Home Brands and Marketing Stanbic IBTC Bank Wins Best Sub-Custodian Bank for The Tenth Consecutive Year

Stanbic IBTC Bank Wins Best Sub-Custodian Bank for The Tenth Consecutive Year

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the Best Sub-Custodian Bank in Nigeria at the 2021 edition of the Global Finance Best Sub-Custodian Bank Awards, for the tenth year in a row.

The Global Finance Best Sub-Custodian Bank Awards is organised by the Global Finance Magazine and recognises banks that provided astounding services in customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans, and knowledge of local regulations and practices. The winners of this year’s edition, the 19th in the series, were announced recently.

The awards editorial board considered market research, input from expert sources and entries from banks as criteria for selecting banking institutions across seven global regions and more than 80 countries providing reliable services in local markets and regions.

While expressing his delight at the announcement, Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC, said that the award has once again placed Stanbic IBTC Bank on a pedestal of excellence as a foremost financial services provider in Nigeria.

He said, “We are excited that Stanbic IBTC Bank PLC has been recognised as the best Sub-Custodial Services Provider in Nigeria for the tenth consecutive year. We attribute this award and esteemed recognition to the hard work and dedication of our team in carrying out custodial services; our ever-evolving technological innovation in service delivery; and our passion for client satisfaction. We will not relent in giving our absolute best at all times.”

Babatunde Majiyagbe, Chief Executive of Stanbic IBTC Nominees, also commented on the award, describing the recognition as an indication of the organisation’s commitment, client centricity and exceptional track record as the ideal partner for investor services in Nigeria.

“The criteria for this recognition show we are on the right path as we continually seek ways to provide the best-in-class service to our clients despite current global challenges. Client-focus and digitisation remain key drivers for business success, and we will continue to provide value because we are committed to making progress real”, Majiyagbe added. 

In the words of Mr. Joseph Giarraputo, Publisher and Editorial Director of Global Finance, “The unprecedented events of the past year and a half forced sub-custodians to embrace digitisation and to adapt to the post-pandemic landscape. Global Finance’s Sub-custodian Bank Awards honour those institutions who embraced new and innovative ideas to meet the challenges they faced.”

Recall that Stanbic IBTC Bank was awarded Best Sub-Custodian in Nigeria by Global Finance awards in 2020.

RELATED ARTICLES

BREAKING: Robbers Attack UBA Branch in Osun

Report filtering in today indicates that armed robbers on Thursday afternoon robbed a branch of United Bank of Africa at Boripe...

German Deputy Consul General Commends Rite Foods And Others For Environmental Preservation Efforts

The Deputy Consul General of the Federal Republic of Germany in Lagos, Mr. Alexander Ernst, has eulogized the efforts of Rite Foods...

Unity Bank Unveils New Code on USSD Platform to Combat E-Banking Fraud

LAGOS.02.08.21. In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

BREAKING: Robbers Attack UBA Branch in Osun

Report filtering in today indicates that armed robbers on Thursday afternoon robbed a branch of United Bank of Africa at Boripe...

Alleged gang-rape: Court orders Babcock dropouts who raped friend to open defence

Two Babcock university dropouts, said to have gang-raped a female friend, failed Thursday to have their case struck out by the Ikeja...

Revisiting the online shopping, food ordering culture of the pandemic era

By Victor George The CoV-2 Virus, known as the Delta Variant, is rapidly sweeping across the globe. This new...

Globalization strikes back – Richard Haass

The summer of 2021 has come to be largely defined by the ongoing Covid-19 pandemic and accelerating climate change. Both are manifestations...

Recent Comments