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Stanbic IBTC Records 121.97% Oversubscription in Rights Issue
Stanbic IBTC Holdings Plc has announced the successful completion of its Rights Issue of 2.94 billion ordinary shares, which recorded a staggering 121.97 per cent oversubscription, translating to N181.39 billion raised. The development underscores robust investor faith in the bank’s long-term strategy and stability. The Rights Issue offered existing shareholders five new ordinary shares for […]