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Business

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ICT

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Capital Market

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Sovereign Trust Insurance Celebrates 2025 Customer Service Week

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Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

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Business

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Insurance

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Stanbic IBTC Named in World’s Top 100 Social Media Savvy Banks

Stanbic IBTC Bank Plc has been named amongst the Top 100 banks utilizing social media globally.

The Top 100 list recently released by The Financial Brand reflected that Stanbic IBTC Bank emerged number 55 on the list of global social media savvy banks for the third quarter of 2019.

The Top 100 list is made up of banks and credit unions who are considered adept at using major social media channels.

The criteria which was adopted in adjudging Stanbic IBTC Bank as the 55thin the list of global banks include Facebook ‘Likes’, Twitter followers, most tweets sent, most Twitter accounts followed, most YouTube video views and most YouTube subscribers.

Stanbic IBTC Bank’s social media statistics reflected that the financial institution had 593,055 Facebook ‘Likes’, 240,555 Twitter followers and 8,676,407 YouTube videos, as at the period the third quarter report was released.

Speaking on the list, Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC, described the feat as a result of the bank’s agility and continuous innovative exercises.

He said: “I am delighted that Stanbic IBTC Bank emerged as one of the top banks effectively utilizing social media, globally. It is proof that even though we are a Nigerian bank, we are taking giant strides globally in the social media space. This is also a reflection that our digitization agenda is producing results.”

Sogunle further stated that the bank’s presence on social media is part of an innovative outline geared towards ensuring that it provides unparalleled levels of services to its customers.

He added: “Our social media channels provide platforms for us to deliver excellent levels of service to our customers. Complaints which cannot be resolved via other e-banking channels can be resolved via our social media platforms. They also provide a fast and efficient means of passing information to our customers; hence the high level of interactivity on the platform.”

The Stanbic IBTC Bank Chief Executive expressed optimism that the bank would rank higher in subsequent reports.

He said: “Stanbic IBTC Bank is pursuing a retail banking strategy. Our aim is to be amongst the top retail banks in Nigeria. This will entail higher levels of interaction on our social media platforms. Our aspiration is to ensure that our customers and stakeholders experience optimum levels of service on our social media platforms. It is only when they are satisfied that we can consider our job done.”

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Topics

Still on Entrepreneurship!

In the past three editions, l dwelt on the topic of entrepreneurship because readers kept asking for more. In this edition however, l consider it pertinent to showcase real-life successful entrepreneurial CASE STUDY-away from all the grammar! A case of practical example-indeed. Konosuke Matsushita: The $73 Billion Story! In 1917 in Japan, a 23-year-old apprentice (Konosuke Matsushita) worked at the Osoka Electric Light Company without any form of formal education.

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Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:

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