WorldStage Newsonline– Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has on Monday confirmed the delay in the filing of its audited financial statements for the half year ended June 30, 2020 within the extended regulatory filing deadline.
A note to the Nigerian Stock Exchange by Chidi Okezie, Company Secretary said, “we are experiencing a slight delay in the release of the 2020 Half Year Audited Financial Statements for Stanbic IBTC Holdings PLC. This delay is occasioned by the fact that we are currently seeking the approval of our primary Regulator, the Central Bank of Nigeria for the Half Year Audited Financial Statements, following which the said Financial Statements will then be released to the Market.
“We are working diligently to ensure that our Company’s 2020 Half Year Results are published on or before Friday 25 September 2020.”
United Bank for Africa Plc (UBA), another leading financial institution filed similar notice today that its H1 2020 result was awating approval by the CBN
Stanbic IBTC made a profit after tax of N75 billion in 2019, a 0.8% increase over its 2018 figure of N74.4 billion.
