Stanbic IBTC Bank Drives Regional Trade Innovation at GTR West Africa 2025

Stanbic IBTC Bank has successfully concluded its strategic participation at GTR West Africa 2025, reinforcing its commitment to advancing trade finance solutions and digital innovation across the region. The two-day conference, held at the Eko Convention Centre in Lagos on 24-25 April 2025, brought together over 400 delegates from more than 200 companies to address critical challenges and opportunities in Nigeria and beyond.

As a key event sponsor, Stanbic IBTC Bank showcased its comprehensive suite of trade finance solutions to help businesses navigate global trade realignments while capitalising on emerging opportunities within the African Continental Free Trade Area (AfCFTA).

Speaking on the event, Jesuseun Fatoyinbo, Head, Transaction Banking, Stanbic IBTC Bank, emphasised that the GTR West Africa 2025 indicates that digital transformation is now essential for maintaining market access and staying competitive. “We are committed to bridging the digital divide through our advanced trade platforms that eliminate friction points and enable businesses of all sizes to participate effectively in global and regional trade.”

Stanbic IBTC Bank’s delegation made significant contributions to the conference agenda, with senior executives participating in high-profile panel discussions. Ojinika Shote, Head, Sales, Transaction Banking, shared valuable insights on operational efficiency during the ‘Stripping out cost’ panel, highlighting innovative approaches to reducing trade finance expenses.

Adewale Adekoya, Manager, Trade Products, Transaction Banking, lent his expertise to the ‘$1 trillion food economy’ discussion, addressing the region’s financial solutions for agricultural trade and food security challenges.

Commenting on the event, Eric Fajemisin, Executive Director, Corporate and Investment Banking, Stanbic IBTC Bank, emphasised the bank’s strategic vision: “Despite global uncertainties, West Africa holds enormous potential as the continent’s trade epicentre. We focus on developing tailored financial solutions that help businesses transform challenges into opportunities while promoting sustainable economic growth across the region.”

The conference underscored several priorities that align with Stanbic IBTC Bank’s strategic direction, including accelerating digital adoption across trade ecosystems, expanding access to trade finance for SMEs, developing innovative solutions for intra-African trade, and embedding sustainability principles in trade finance products.

“The insights gained at GTR West Africa 2025 will further enhance our ability to support clients through an evolving trade landscape. “We are particularly focused on helping businesses leverage the AfCFTA framework to expand their regional footprint while ensuring they can meet increasingly digital requirements in global markets,” added Fatoyinbo.

Stanbic IBTC Bank continues to invest in cutting-edge digital infrastructure and specialised expertise to maintain its position as a leading trade finance partner in West Africa, supporting businesses across various sectors, including agriculture, manufacturing, and energy.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Debit Card vs Credit Card: How to Choose the Right Card for Every Expense

Understanding what happens to your money after a payment...

Leadway Cares Expands to More Nigerian, Côte d’Ivoire Communities

Leadway Group, a foremost non-banking financial services and wellbeing...

NCC, NDPC, FBRA, MTN Nigeria Confirm Participation at Africa Sustainability Forum 2026

The Nigerian Communications Commission (NCC), Nigeria Data Protection Commission...

CIIN Cements Institutional Partnership with Insurance Meets Tech for 5th Edition

L-R: Registrar/CEO and Secretary to Council, Chartered Insurance Institute...

CAMCONIA: Bankole Banjo of SanlamAllianz Emerges New Chairman

The Corporate Affairs Managers Committee of the Nigerian Insurers...

Topics

Stanbic IBTC Enhances Intercontinental Trade, Holds Africa-China Trade Expo

Stanbic IBTC Holdings, a member of Standard Bank Group,...

FG Commends Waltersmith Refinery, NCDMB for Improving Domestic Refining Capacity

L-R: The President Waltersmith Group; Mr. Abdulrasaq Isa, Managing...

NCDMB Unveils Selection Criteria for Inaugural Nigerian Content Awards

The Nigerian Content Development and Monitoring Board (NCDMB), in...

Insurance Sector: N2.3tr Total Assets, N726bn Premium, N318bn Claims in Q4 2022

  The insurance market data released by the National Insurance...

China, India: World’s Largest Internet Markets

India has overtaken the United States to become the...

‘Ecobank Will Continually Support, Collaborate With Innovative Fintechs, Start-Ups’ – GCEO

Chief Executive Officer, Ecobank Group, Ade Ayeyemi, has said the...

Stanbic IBTC PMI: Inflationary Pressures Mount over Fuel Subsidy Removal

The removal of fuel subsidy in Nigeria caused a...

Consolidated Hallmark Insurance Reports Total Assets of N9.5bn

L-R:  Eddie Efekoha, Managing Director/CEO, Consolidated Hallmark Insurance Plc; Obinna...
spot_img

Related Articles

Popular Categories

spot_imgspot_img