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Stanbic IBTC, a member of Standard Bank said its aggressive expansion across Nigeria was in line with its determination to bring world class banking services closer to the doorsteps of Nigerians.A statement on Friday said in the last few months, the firm inaugurated over 40 new branches in several locations across the country while more than 100 new branches were planned to be opened this year.Head of Corporate Affairs and CSI, Mr. Bimbola Ashiru, said that Stanbic IBTC was a retail and an investment bank.According to him, “The bank‘s determination to enable retail customers across the country physically access its array of services, is a prime consideration for the bank‘s rapid expansion.” The company‘s Executive Director, Personal and Business Banking, Mr. Jacques Troost, noted that a major pre-occupation of Stanbic IBTC was to continuously avail different customer segments of exceptional value by means of customised products and service offerings.

Troost said that Stanbic IBTC combined increasing local market knowledge and expertise with the international connections that come from belonging to the Standard Bank Group.According to him, ”We are therefore well placed to deliver unparalleled value to our customers, bringing to bear our understanding of the local market and our access to both local and international capital and business opportunities to the services of our customers and potential customers.”“The full suite of Stanbic IBTC services are accessible at any of our more than 100 branches spread across the country. All that any prospective customer needs to enjoy our services, is to walk into any of our branches, where trained customer service personnel are waiting to be of service to you.”In addition to its growing profile in the retail banking sphere, Ashiru said that Stanbic IBTC had been a major financier of several landmark infrastructure initiatives across Nigeria. Ashiru said, “We have financed major infrastructure projects in such areas as roads, telecommunications, power, oil and gas, among others. Part of that expertise which we have long gained in the area of investment banking is what we are transferring into the retail banking space as we remain committed to rendering financial services across the entire banking spectrum as a full service universal bank.”