Stanbic IBTC backed by strong client relationships and innovative solutions in cash management

To address rising capital costs, Stanbic IBTC introduced liquidity management solutions, enabling clients to consolidate balances across accounts and earn higher returns on transactional funds. It enhanced corporate connectivity and operational efficiency through host-to-host integration and application programming interface (API)-based solutions. In the first half of 2023, 15 new clients were onboarded, facilitating seamless processing directly from their enterprise resource planning (ERP) systems. These initiatives doubled cash management revenues and increased its contribution to its transaction banking business to double digits.