Guaranty Trust Holding Company (GTCO), the parent company of GTBank, announced a public offer to raise ₦400 billion, On Monday, the lender held a “Facts Behind the Offer” presentation to investors, regulators, and stakeholders on the main floor of the Nigerian Exchange Group (NGX). Here are five interesting takeaways from the presentation 👇 https://lnkd.in/dUQ_Cd47
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Secured my SLICE OF ORANGE—now my colleagues are making money for me. PS: We are all working for each other. See how I'm strutting into the weekend as a shareholder in the best bank in Nigeria? Y'all better get your slices if you want your strut to look this good. Here are some options: • Buy directly from the GT World app as a customer • Buy from the GTCO official website • Buy from any GT Bank branch, just walk in and fill out the form in a few minutes. #gtbankshares #gtcoshares #investment #stockmarket #sliceoforange
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Ambeon Holdings Plc said it bought 23.274 million voting shares of Seylan Bank Plc which was a 7.63 percent stake. https://lnkd.in/gQedZ5F2
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Investing with Nabo's USD Money Market Fud is your beacon of hope on the journey to financial restoration. Embrace it, and watch as your financial landscape transforms from challenge to triumph, restoring your peace and prosperity. Click: https://ow.ly/Ipqw50SMUs5 to start! #USDMoneyMarketFund #InvestingWithPurpose #FinancialSuccess
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Stanbic IBTC Seeks Shareholder Approval for ₦550 Billion Capital Raise. Stanbic IBTC Holdings is gearing up to seek shareholders' approval for a significant capital raise amounting to ₦550 billion (about Ksh. 54 Billion) on May 16. The move, outlined in a regulatory filing submitted recently, entails issuing bonds and a rights issue to secure the necessary funds. This decision aligns with the trend observed among industry peers like Access Holdings, GTCO, and Zenith Bank Plc, who have taken similar steps to bolster their capital requirements following a Central Bank review. As the banking subsidiary of Stanbic IBTC Holdings Plc, Stanbic IBTC aims to fulfill its Tier 2 bank status, necessitating a capital requirement of ₦200 billion (27 Ksh. Billion). The proposed capital raise comprises ₦400 billion in debt securities and an additional ₦150 billion (Ksh. 20.2 Billion) through a rights issue, with a unique approach to share subscription and a versatile debt issuance programme. #StanbicIBTC #ShareholdersApproval #CapitalRaise #NigerianBanks #FinancialMarket #DebtSecurities #RightsIssue
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+++ 🇸🇪 IT company Advania Group is making its debut in the BSL market to refi a unitranche provided by KKR and Nordea. But following a pre-marketing process, it slashed the syndicated tranche in favour of a multi currency hybrid structure. Opting for the hybrid approach underlines the challenges of issuing a syndicated sterling tranche in the loan market where CLO funds account for the majority of the investor base +++ Read more on 9fin: https://lnkd.in/dSTVd6Mg
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ATFX is proud to announce another remarkable quarterly achievement with a $733.4 billion MT4/MT5 trading volume in Q3 2024, ranking among the top 5 brokers globally as highlighted in the latest Finance Magnates Intelligence Report. This marks our 17th consecutive quarter as a top 10 global broker, underpinning our unwavering commitment to empowering traders worldwide with cutting-edge technology and exceptional trading experiences. As we move into Q4, ATFX remains dedicated to advancing innovation and delivering a superior trading environment, reinforcing our position as a trusted partner for traders worldwide. 👉 Learn more about the report: https://bit.ly/4gbBTJG *ATFX MENA is regulated by the Securities and Commodities Authority (SCA), License No: 20200000078 *Trading involves high risk to the investor’s capital #ATFX #ATFXMENA #FinanceMagnates #GlobalTradingLeader #TopBroker
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WATCH: Sasfin Wealth's Muhammed Wagley joined SABC News today to provide his insights on current local and global market news. #marketupdate #interestrates #gold #sasfinwealth2024
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Listen to MTFX's morning call as we discuss purchasing property in Mexico as a Canadian. If you're a Canadian who is considering buying property in Mexico or living abroad as a Canadian expat, choose MTFX for hassle-free currency exchange and international payments! Read our complete guide: https://bit.ly/3yW2R7a #CADMXN #CADtoMXN #ForeignExchange #MTFX
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Can frontrunning cases spell a doomsday for Mutual Fund houses? Given the abysmal performance of Axis Mutual Funds' schemes, post the frontrunning case investigation and subsequent exits of the senior leadership team members and declining inflows of funds, it is apparent that the loss of trust & image was severe. Unfortunately Quant MF has now under SEBI's scanner and hope things will not turn bad for this fund house which has outperformed lots of benchmark indices over the last few years. #onelevelup #mutualfund #SEBI #mutualfundssahihain #AMFI
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Nabo's USD Money Market Fund allows businesses to diversify their income. By reducing reliance on a single revenue stream, businesses can mitigate risk and create a stable financial foundation, ensuring they can sustain themselves at all times. Click https://ow.ly/YxMZ50Surwc #USDMoneyMarketFund #LongTermWealth #BusinessSuccess #InvestingWithPurpose
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