Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/news/2011-11-01/standard-bank-s-stanbic-ibtc-unit-posts-9-8-increase-in-profit.html

Bloomberg News

Standard Bank’s Stanbic IBTC Unit Posts 9.8% Increase in Profit

November 01, 2011

Oct. 28 (Bloomberg) -- Stanbic IBTC Bank Plc, a unit of Standard Bank Group Ltd., said its profit rose 9.8 percent in the nine months through September as revenue advanced.

Net income increased to 7.88 billion naira from 7.18 billion naira a year earlier, the lender said in a statement published on the website of the Nigerian Stock Exchange today.

Revenue climbed to 49.59 billion naira from 41.11 billion naira, Stanbic IBTC said.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus