Stanbic IBTC explains delay of half-year results

The StanbicIBTC has notified the Nigerian Stock Exchange that the bank’s delay in the release of its audited 2017 half-year results to the regulatory body  is because they are waiting for the approval of the Central Bank of Nigeria.

The financial organisation, in the statement, informed the NSE  as  well  as other stakeholders  that “we  are  experiencing  a  slight  delay  in  the release  of the 2017 half-year audited financial statements for Stanbic IBTC Holdings Plc.

“This delay is occasioned by the fact that we are currently seeking the approval of our primary regulator, the Central Bank of Nigeria, to the half-year audited financial statements, following which the said financial statements would then be released to the market.”

The statement, which was signed by its Group Company Secretary, Chidi Okezie, added, “We are  working  diligently  to  ensure  that  our  company’s 2017 half-year results  are  published on Tuesday  August, 29,  2017  or within  a  few  days thereafter.”

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