For its immense contributions to helping individuals and corporations to acquire motor vehicles and other assets, as well as innovation in the local automobile industry, Stanbic IBTC Bank, a member of Standard Bank Group, has emerged “Bank of the Year” at the 7th edition of The Nigerian Auto Awards (TNAA) organised by On Wheels Auto magazine. It is the most prestigious award in Nigeria’s automobile industry.
TNAA was instituted to reward creativity and excellence across the entire automobile value chain comprising of automobile manufacturers, dealers and financial institutions, among others.
To clinch the award for the second consecutive year, Stanbic IBTC Bank was unanimously voted winner ahead of First Bank of Nigeria and Sterling Bank by the TNAA advisory board, auto dealers and the general public. The bank’s customer-friendly terms such as adequate funding, an experienced team, good automobile dealer network and its drive to help customers achieve their business and personal goals are major factors for the bank’s performance.
Hentie Stemmet, Head of Vehicle and Asset Finance, Stanbic IBTC Bank, said the award strengthens the bank’s leadership position as the preferred destination for vehicle and asset acquisition transactions in Nigeria. The bank, according to Stemmet, will continuously strive to provide excellent service, flexible products and professional advice in a convenient manner to its customers.