Tag Archives: Sterling Bank

Sterling Bank emerges Best Bank in Support of Agric

Sterling Bank Plc has won the Best Bank in Support of Agriculture Award at the Business Day Banking Awards 2017 held in Lagos. The award is in recognition of Sterling Bank’s peerless support to the entire value chain in the agriculture sector of the economy. The awards, organized by BusinessDay Nigeria, is regarded as the banking industry’s benchmark for outstanding …

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Sterling Bank supports LEAP Africa to train 1,000 SMEs

Sterling Bank Plc, is supporting LEAP Africa to train more than 1,000 SME operators at the 12th yearly CEOs’ Forum holding in Lagos. The programme which has the theme: “Managing Growth for Profitability” is aimed at developing dynamic, innovative and African leaders. It is also intended for participants to gain key insights from leading industry professionals and entrepreneurs on effective …

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Shareholders laud Sterling Bank’s performance

Shareholders of Sterling Bank Plc. commended the Bank’s Board and Management for reporting a profitable performance for the year ended December 31, 2016, despite the harsh macro-economic environment that characterised the year under review.   This took place at the Bank’s 55th Annual General Meeting (AGM), which held at Eko Hotel & Suites, Victoria Island, and Lagos on Thursday May 11, …

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Sterling Bank restates commitment to foreign exchange availability 

Sterling Bank says transparency, continuous engagement, proper documentation and promptness in sending returns of unutilised foreign exchange to the Central Bank of Nigeria are the main factors that helped the bank to escape the regulator’s ban from its Small and Medium Enterprises foreign exchange window. The CBN had on Wednesday announced the ban on 16 banks from its “SME foreign …

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Sterling Bank obtains $15m ICL facility

Sterling Bank Plc says it has attracted a $15 million facility from the Islamic Corporation for the Development of the Private Sector, a multilateral development financial institution and a part of the Islamic Development Bank Group. In a statement on Monday, the lender said the development was in recognition of its contribution to the growth of Islamic banking in Nigeria …

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Sterling Bank, FCMB SPV PLC Raise Debt Capital on FMDQ Markets

FMDQ OTC Securities Exchange has admitted the quotation of the Sterling Bank PLC ₦2.40 billion Series 1-3 Commercial Paper (CP) Notes (the Sterling Bank CP), under its N100.00 billion CP Programme and the listing of the FCMB Financing SPV PLC ₦5.10 billion 7-year 17.25 per cent Series 3 Fixed Rate Unsecured Bond (the FCMB SPV Bond) under its ₦100.00bn Debt …

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Sterling Bank Completes Temenos IT Transformation Project …Rolls out Core Banking Solution across 185 branches

  Sterling Bank Completes Temenos IT Transformation Project …Rolls out Core Banking Solution across 185 branches Software specialist for banking and finance, Temenos (SIX: TEMN), has announced that Sterling Bank Plc, has successfully gone live with Temenos UniversalSuite, just as it   simultaneously rolls out Temenos Core Banking Solution across 185 branches. The Geneva based software specialist in a statement made available …

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LASG Partners Sterling Bank, Microsoft, Others on Youth’s Skill Acquisition Programme

  LASG Partners Sterling Bank,  Microsoft, Others on Youth’s Skill Acquisition programme  In line with its strategic focus on youth empowerment and skill acquisition, Lagos State Ministry of Employment and Wealth Creation has announced its partnership with Sterling Bank, Audax Solutions Limited, Microsoft, Etisalat and Andela for the 2016 Lagos Study Program. The 11-week programme, which is billed to train …

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