Stanbic IBTC Capital has taken on the role of lead issuing house for RMB Nigeria Issuance SPV Plc, which has successfully registered an impressive multi-instrument issuance programme worth N40 billion. This venture serves as a funding vehicle designed specifically to enable RMB Nigeria to raise capital through public debt markets. In collaboration with Stanbic IBTC Capital, RMB Nigeria has positioned itself strategically within the capital markets by setting up this programme, which is aimed at not only boosting asset growth but also enhancing liability management capabilities. Establishing such a framework allows companies like RMB Nigeria to issue various debt instruments and structured notes, aligning their funding strategies with market realities.
The registration of this programme is pivotal for RMB Nigeria, as it opens up avenues for accessing liquidity sources from Nigerian debt capital markets to help achieve various strategic and financing objectives. Bayo Ajayi, the Chief Executive Officer of RMB Nigeria, expressed that this newly established programme enhances the company’s capacity to secure long-term funding, which is crucial for supporting their clients’ extensive loan requirements. Furthermore, Ajayi showcased his optimism about Nigeria’s growth potential, indicating that the programme will create unique investment opportunities for stakeholders looking to participate in the country’s economic development. The collaborative effort with Stanbic IBTC Capital and other advisors played a significant role in bringing this endeavour to fruition.
In light of this development, Oyinda Akinyemi, the Executive Director of Stanbic IBTC Capital, shared insights reflecting the importance of such initiatives. The programme registration stands as a testament to the continuous innovation witnessed in treasury management practices, aimed at adapting to ever-evolving market conditions. Stanbic IBTC Capital has been diligent in providing advisory services, thereby enabling clients to remain proactive in the face of shifting trends within the financial market. Akinyemi thanked RMB Nigeria as well as other partners for their trust in Stanbic IBTC Capital’s capability to successfully execute this significant registration process.
RMB Nigeria Limited is part of the notable First Rand Group, which positions itself as a premier African corporate and investment banking institution. The bank is dedicated to delivering innovative and value-added services including funding options, expert advisory, trading solutions, corporate banking, and principal investing. This wide range of offerings reflects the institution’s commitment to facilitating businesses in navigating the complexities of financing and investment landscapes. Through these services, RMB Nigeria aims to forge robust partnerships with clients and contribute meaningfully to their success.
The collaborative efforts between RMB Nigeria and Stanbic IBTC Capital highlight a significant move towards aligning more closely with global best practices in investment and treasury management. As market conditions continue to change, having flexible and innovative funding strategies becomes paramount for financial institutions. The issuance programme serves as a proactive approach to manage liability effectively while simultaneously finance growth initiatives that are crucial for competitive staying power in a challenging economic environment.
Overall, the establishment of the N40 billion multi-instrument issuance programme not only signifies a strategic advancement for RMB Nigeria but also enhances their capability to meet the long-term funding needs of their clients. The significance of this venture resonates especially within the context of Nigeria’s economic outlook, as it represents a partnership that leverages expertise to support sustainable investment initiatives. As stakeholders begin to engage with the opportunities presented by this issuance programme, it marks a collaborative step towards fostering economic growth and innovation within Nigeria’s financial landscape.
