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What 121.97% oversubscription says about Stanbic IBTC’s market appeal
Summary by confiance.com.ng
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What 121.97% oversubscription says about Stanbic IBTC’s market appeal
By Chioma Obinagwam Stanbic IBTC Holdings Plc’s recent N148.7 billion Rights Issue, which raised N181.4 billion, achieved a remarkable 121.97% oversubscription, reflecting robust investor confidence in the financial institution. This overwhelming response, driven by strategic, economic, and regulatory factors, underscores the bank’s strong market position within Nigeria’s financial sector. Confiance News reports that Stanbic IBTC’s […]
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