Stanbic IBTC will seek shareholdersβ approval to raise β¦550bn
Stanbic IBTC Holdings plans to raise β¦550 billion through the sale of bonds and a rights issue. The banking subsidiary of Stanbic IBTC Holdings, a Tier 2 bank with a capital requirement of β¦200 billion, aims to issue debt securities worth β¦400 billion and an additional β¦150 billion through a rights
