Stanbic IBTC Named 2016 Lagos International Trade Fair Official Bank

By Dipo Olowookere

In line with its 2015 role as official bank, Stanbic IBTC Bank, member of Stanbic IBTC Holdings Plc, has again partnered with the Lagos Chamber of Commerce & Industry (LCCI) as the official bank for the 2016 Lagos International Trade Fair, underscoring the bank’s commitment to and support for business and economic activities in the country.

As the official banker, Stanbic IBTC Bank will provide its full range of innovative products and services to meet the needs of participants and visitors to the 10-day fair, which commenced on Friday 4 November, 2016. Already, the bank has deployed an ATM gallery at the Tafawa Balewa Square venue of the fair to run 24/7 for the duration of the fair and will showcase some of its innovative e-banking solutions as well as other bespoke offerings.

“Stanbic IBTC Bank is delighted to be the official banker for the Lagos International Trade Fair,  the flagship trade show in the country with both local and foreign participation,” Executive Director, Personal and Business Banking, Stanbic IBTC Bank, Mr Babatunde Macaulay, said.

“Our partnership with LCCI underlines our readiness to support activities that will engender business and economic growth, which ties in with our pledge to move individuals and businesses forward,” Mr Macaulay added.

The 2016 Lagos International Trade Fair, with the theme “Positioning the Nigerian Economy for Diversification and Sustainable Growth,” covers all aspects of business and economic activities in Nigeria and has the support of state governments and the federal government.

The trade fair kicked off on Friday, November 4, 2016 and will end on Sunday, November 13, 2016. The trade show has the general interest/business consumer fair aspect and the corporate exhibitions and B2B meetings/investment conference part, each holding at different venues.

The fair attracts both local and foreign exhibitors in several sectors, including banking and financial services, agriculture and food production, building and construction materials and systems, plants and equipment, oil and gas, mining and energy, ICT & telecommunications and automobile and allied products, among other sectors.

Stanbic IBTC Bank is a member of Stanbic IBTC Holdings PLC, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Stanbic IBTC belongs to the Standard Bank Group, the largest African financial institution by assets and earnings. It is rooted in Africa with strategic representation in 20 countries on the African continent. Standard Bank has been in operation for 153 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa; and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.