Stanbic IBTC Responds to Disappearance of N75m from Ghana Subsidiary


The management of Stanbic IBTC has acknowledged the disappearance of N75 million from its subsidiary in Ghana in a statement issued by the bank on Thursday.

Below is the full statement:

“RE: Stanbic Bank Staff Disappears with N75 Million Belonging to Bank Customers:

Yes we are aware of this incident in Ghana.

  • Our colleagues in Ghana are working with the relevant authorities to apprehend the suspect and to fully secure the interest of customers
  • At Stanbic/StanbicIBTC Banks the protection of our customer is paramount and always remains our primary objective

Please direct enquiries to Bennet Frimpong (, Acting Head Marketing and Communications.”