Stanbic IBTC Capital Limited has been appointed as the lead issuing house for RMB Nigeria’s ₦40 billion multi-instrument issuance programme, with RMB Nigeria also collaborating with RMB Nigeria Capital as a joint issuing house. The initiative aims to bolster RMB Nigeria’s asset growth and liability management by enabling the issuance of debt instruments and structured notes to strengthen its financial strategy.
Bayo Ajayi, CEO of RMB Nigeria, emphasized the significance of the program as a strategic move to access liquidity within Nigeria’s debt capital markets, thereby supporting the bank’s long-term financing objectives. Ajayi highlighted the bank’s commitment to its clients, leveraging the funds raised to provide enhanced long-term loan options. The program also reflects confidence in Nigeria’s economic growth and serves as an opportunity for investors to participate in the nation’s development journey.
Oyinda Akinyemi, Executive Director at Stanbic IBTC Capital, praised RMB Nigeria’s innovative approach to treasury management, aligning with global best practices. She commended the collaboration, noting Stanbic IBTC’s dedication to advising clients on adapting to market changes and contributing to the success of RMB’s funding strategy.
