Stanbic IBTC Bank has recently announced its recognition at the prestigious Global Transaction Banking Innovation Awards. The award, presented during a gala event held on Thursday, 21 September 2023, acknowledges Stanbic IBTC’s exceptional contributions and innovation in the field of Transaction Banking.

Stanbic IBTC has achieved remarkable success by clinching victories in four categories, including Best Bank for Trade Finance in Nigeria, Best Custodian Bank in Nigeria, Outstanding Digital Transformation by a Transaction or Wholesale Bank during the COVID-19 pandemic, and Best ERP Integration Initiative.

This highly esteemed award underscores our steadfast dedication to facilitating global trade, promoting economic expansion, and offering invaluable support to businesses. Stanbic IBTC has consistently demonstrated its leadership in the industry through a history of excellence and an unwavering commitment to innovation.

Our commitment to excellence shines through in our state-of-the-art solutions, which have empowered businesses of all sizes to effortlessly navigate the intricacies of international trade. From customized financing solutions to advanced risk management strategies, Stanbic IBTC has earned the trust of numerous companies seeking to broaden their global footprint.

The reception of this prestigious award stands as a testament to the tireless efforts, dedication, and expertise of the Transactional Products and Services team members. Their relentless pursuit of excellence has allowed Stanbic IBTC to distinguish itself in a fiercely competitive arena and deliver exceptional value to clients and partners alike.

Jesuseun Fatoyinbo, Head of Transactional Products and Services, expressed, “We are deeply honored to be bestowed with this prestigious award. It signifies not only a recognition of our past accomplishments but also a call to action for the future. It serves as a reminder that we must continue to innovate and adapt to the ever-changing economic landscape. We are grateful for the trust our clients and partners have placed in us, and we eagerly anticipate continuing our journey of innovation and making a positive impact on the global trade landscape.”

The Digital Banker’s Global Transaction Banking Innovation Awards hold great prestige, and Stanbic IBTC takes immense pride in joining the esteemed ranks of past winners who have exemplified excellence, innovation, and outstanding service in the field of trade finance.

As we remain committed to evolving and adjusting to the evolving demands of the global market, this award serves as a catalyst to redouble our efforts in providing world-class trade finance and cash management solutions that drive growth and prosperity for businesses worldwide.

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