{"id":386783,"date":"2011-04-21T20:21:53","date_gmt":"2011-04-21T20:21:53","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/21\/non-interest-income-lines-uplift-stanbic-ibtc-earnings-%e2%80%93-vetiva\/"},"modified":"2011-04-21T20:21:53","modified_gmt":"2011-04-21T20:21:53","slug":"non-interest-income-lines-uplift-stanbic-ibtc-earnings-vetiva","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/21\/non-interest-income-lines-uplift-stanbic-ibtc-earnings-vetiva\/","title":{"rendered":"Non interest income lines uplift Stanbic IBTC earnings \u2013 Vetiva"},"content":{"rendered":"
\n

BY PETER EGWUATU<\/p>\n

Vetiva Capital Management has said that non-interest income lines uplift Stanbic IBTC earnings for the first quarter ended March 2011.<\/p>\n

The result shows a 5 per cent Year on Year( YoY) growth in gross earnings relative to the 2010 corresponding period performance.<\/p>\n

According to Vetiva \u201c it is worth mentioning that the N15.2 billion top-line is relatively bolstered by the strong performance of the non-interest income lines.<\/p>\n

Splitting the beans, we observe that the non-interest income lines contributed 39.4 per cent of the earnings, thus underscoring our position that Stanbic-IBTC has less option outside the Holding structure, given the leadership brand and startling prospect of the non-core banking subsidiaries. We believe the overall earnings of IBTC will continue to ride on this non-interest income support from the subsidiaries, to weather the thinning asset yields<\/p>\n","protected":false},"excerpt":{"rendered":"

BY PETER EGWUATU Vetiva Capital Management has said that non-interest income lines uplift Stanbic IBTC earnings for the first quarter ended March 2011. The result shows a 5 per cent Year on Year( YoY) growth in gross earnings relative to the 2010 corresponding period performance<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-386783","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\nNon interest income lines uplift Stanbic IBTC earnings \u2013 Vetiva - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/21\/non-interest-income-lines-uplift-stanbic-ibtc-earnings-vetiva\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Non interest income lines uplift Stanbic IBTC earnings \u2013 Vetiva - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"BY PETER EGWUATU Vetiva Capital Management has said that non-interest income lines uplift Stanbic IBTC earnings for the first quarter ended March 2011. 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