Stanbic IBTC Adjusts Loan, Deposit Rates After CBN Rate Cut
Stanbic IBTC Bank has informed its retail, commercial, and corporate clients about adjustments to its interest rates. These changes follow the Central Bank of Nigeria's decision to reduce its benchmark Monetary Policy Rate (MPR) by 350 basis points.
Stanbic IBTC Bank has informed its retail, commercial and corporate customers of changes in interest rates after the Central Bank of Nigeria cut its benchmark Monetary Policy Rate (MPR) by 350 basis points. The bank said the revised rates took effect from September.