RE: Fire Incident At Stanbic IBTC Ipaja Branch

Thank you for your concern and enquiry. We can confirm the unfortunate fire incident at our Ipaja office premises yesterday 10 Thursday, March, 2016.

However, the relevant emergency teams were swiftly notified, and as a result of their speedy response the fire was effectively contained.

Although properties were damaged in the cause of the fire, there was no loss of life. Our top priority at all of our facilities at all times remains the safety and security of our clients, customers, visitors, and employees.

ABOUT STANBIC IBTC
Stanbic IBTC Bank is a subsidiary 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. Standard Bank Group, to which Stanbic IBTC Holdings belongs, is the largest African bank by assets and market capitalization.

It is rooted in Africa with strategic representation in 20 countries on the African continent, including South Africa. Standard Bank has been in operation for over 153 years and is focused on building first-class, on-the-ground financial services organizations in chosen countries in Africa and connecting other selected emerging markets to Africa and to each other, applying sector expertise, particularly in natural resources, globally.