Stanbic IBTC Tasks Nigerians on House Ownership

July 20, 2020/Mediacraft Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged Nigerians to explore the benefits of homeownership by taking advantage of untapped investment opportunities in mortgage offerings. Ruby Onwudiwe, Head, Private Banking, Stanbic IBTC Bank PLC, made this known at the Stanbic IBTC Blue Talks […]

LBIC Gets New Board of Directors; Appoints Hakeem Ogunniran as Chairman

Culled—Proshare June 11, 2020 By LBIC The Management of the Lagos Building Investment Company, LBIC Plc, has announced the appointment of Mr Hakeem Ogunniran, Mrs Bolanle Banjo and Mr Adewale Okesola as Directors of the Bank. The appointment, contained in the statement released by the Mortgage Bank on Wednesday, 10th […]

Banks in AAA Jurisdictions Face Rising Household Debt Risk-Fitch

April 16, 2019/Fitch Ratings Banks in several ‘AAA’ rated countries face rising risk from the household sector amid a build-up of financial imbalances, Fitch Ratings says in a new report. In Australia, Canada, Norway and Sweden, high household debt amid slowing housing markets represent a growing risk to banks in […]