Accordingly, with effect from today, 31 October 2023 the Bank ceases to be a public company and shall going forward be referred to by its new name “Stanbic IBTC Bank Limited”.
The re-registration would however ensure the proper alignment of the Bank’s entity status and eliminate the existing brand confusion as many investors and members of the public hitherto referred to the Bank as the listed entity and not Stanbic IBTC Holdings PLC.