Recent posts

Stanbic IBTC Bank facilitates electronic Warehouse Receipt System (e-WRS) for farmers

Starting today, Stanbic IBTC Bank will provide a trading platform and serve as the settlement bank for the Nigeria Commodity Exchange’s (NCX) pilot electronic Warehouse Receipt System (e-WRS) which is being launched in Abuja today, Thursday 10 July 2014.

With this commodity exchange system, farmers will be able to take their agricultural produce to accredited warehouses where the produce will be preserved for sale. The e-WRS is an electronic receipt that will be issued to farmers at the accredited warehouses and it can be used by the farmers for any of the following:

Why Save? How To Save? Where To Save? All You Need To Know

This is the sixth post in a series aimed at equipping you with the knowledge and skills to enable you to make more informed decisions about your finances and lifestyle. Please read the previous post here http://bit.ly/1qnH7CC
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There are a lot of myths and legends around saving money. This post aims to simplify the process to its very basics: The things we save money for may include

• To buy a car
• That holiday you've always wanted to take
• To buy a house

The importance of a good personal financial plan

This is the fifth post in a series aimed at equipping you with the knowledge and skills to enable you to make more informed decisions about your finances and lifestyle. You can read on how to develop a financial plan for a small business here http://bit.ly/19Un1Jr
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A good financial plan helps you lay out your money objectives and plan for your future. It can involve the following things amongst others:

• A savings account
• A health insurance plan

We top financial health ranking in Africa

Standard Bank Group shows the best financial health of all the financial institutions on the African continent, according to The Banker Top 1000 World Banks 2014 rankings.

We top the list in Africa with Tier 1 capital of US$10.57-billion and pre-tax earnings of US$2,9-billion. However, the list also shows that we slipped in the global rankings, from 109th place in 2013 to 116th this year.

UCount Rewards celebrates one year of rewards

Our UCount Rewards Programme is turning one and over the past year our customers have benefitted from a whopping R300 million in savings!

With roughly 1600 new members joining daily, the success of UCount Rewards lies in the simplicity by which customers can collect and redeem rewards points. The flexibility of UCount Rewards allows members to not only reduce costs on day to day items, such as groceries and fuel, but also to save on special family occasions, such as family holidays or spend over the festive period.

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