399:
24:
527:
413:(an automated retail lending platform). Its Commercial Banking deals in several sectors including Agriculture for which the bank has won several awards while its Institutional Banking offers value adding advisory & collection services for government parastatals. Sterling's Corporate Banking covers several sectors including Telecommunications, Power and Steel, Food and Beverages among others.
217:
In
January 2006, as part of the consolidation of the Nigerian banking industry, NAL Bank completed a merger with four other Nigerian Banks namely, Magnum Trust Bank, NBM Bank, Trust Bank of Africa and Indo-Nigeria Merchant Bank (INMB) and adopted the name 'Sterling Bank'. The merged entities were
204:
Sterling Bank originally incorporated in 1960 as
Nigeria Acceptances Limited (NAL). The Bank was licensed as Nigeria's first merchant Bank in 1969. Consequent to the indigenisation decree of 1972, the Bank became fully government owned and was managed in partnership with Grindlays Bank Limited,
213:
Limited between 1974 and 1992. In 1992, the Bank was partly privatised and listed as a public company on the
Nigeria Stock Exchange (NSE). Eight years later, in 2000, the Federal Government sold its residual interest in the Bank, effectively making it a fully privatised institution.
832:
225:
repeal of universal banking, Sterling Bank now operates as a national commercial bank, disposing of holdings in subsidiaries and affiliate companies. In mid-2011, Sterling Bank acquired the franchise of the erstwhile
445:
Gross earnings grew by 16.6% to N175.1 billion against N150.2 billion reported in FY 2021. The change was a combination of a 25.7% increase in non-interest income and a 13.7% growth in interest income.
1309:
409:
Sterling has launched several initiatives under the Retail & Consumer
Banking such as Agent Banking (designed to attract the underbanked/unbanked), Micro-credit for youths and
448:
The Bank declared a dividend of 15K per share, representing a 10% dividend yield on the average stock price over the past year and a 50% improvement on the previous year's payout.
230:. Under a special resolution on September 19, 2022, Sterling Bank Plc transitioned to Sterling Bank Ltd, emerging as a subsidiary of Sterling Financial Holdings Company Plc.
452:
The Bank carries out corporate social responsibility in these areas: education, the environment, health, empowerment, sports development, capacity building, among others.
1022:
1324:
406:
The Bank's operations and products are grouped into four clusters: Retail and
Consumer Banking, Commercial Banking, Institutional Banking and Corporate Banking.
189:
terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively. The Bank provides services to individuals, small businesses, and large corporations.
1279:
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110:
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241:
is the current
Managing Director and Chief Executive Officer of Sterling Bank Ltd, assuming this position on 19 September 2022.
485:
5-Year
Legends Awards for constantly making efforts to create a Great Place to Work GPTW (Great Place to Work Institute), 2022
464:
Innovative Bank of the Year Award 2019 by the
Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems Plc
1190:
856:
594:
488:
Approved
Employer Certification - Trainee Development; Gold Category ACCA (Association of Chartered Certified Accountants)
658:
1145:
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398:
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34:
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482:(The Victor Ligbago Award for Best Workplace for Millennials GPTW (Great Place to Work Institute) (2022)
227:
210:
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153:
517:
682:
470:
Best in
Building a Culture of Innovation (Large Corporates), 2021 Great Place to Work Institute
479:
2022 Overall Best Workplace in Nigeria (Large Corporates) GPTW (Great Place to Work Institute)
461:
Local Content Bank of the Year 2019 Award, Petroleum Technology Association of Nigeria (PETAN)
272:
238:
95:
92:
23:
948:
900:"Sterling Bank Plc declares 15 kobo dividend to shareholders, grows PAT by 28.46% in FY 2022"
760:
473:
Best in Maximising Human Potential (large Corporates), 2021 Great Place to Work Institute
476:
Best Workplace to Work in Nigeria (Large Corporates), 2021 Great Place to Work Institute
186:
143:
784:
553:
1293:
1023:"Sterling Bank Plc's journey to creating, living and experiencing the future of work"
736:
192:
As of December 2022, the Bank's branch network numbered 140, distributed throughout
1239:
785:"Commercial Agricultural Credit Scheme | Sterling Bank Plc - The One-Customer Bank"
532:
857:"STERLING BANK PLC RELEASES AUDITED RESULTS FOR THE YEAR ENDED DECEMBER 31, 2019"
711:
66:
1284:
522:
218:
successfully integrated and have operated as a consolidated group ever since.
1071:"Sterling Bank, Courteville, 15 others emerge best places to work in Nigeria"
924:"Corporate Social Responsibility | Sterling Bank Plc - The One-Customer Bank"
1191:"Top Companies 2022: The 25 best workplaces to grow your career in Nigeria"
623:
http://unpan1.un.org/intradoc/groups/public/documents/aapam/unpan028228.pdf
1047:"Making of a Great Place to Work: The Sterling Bank Example - Daily Trust"
634:
206:
87:
1120:
808:
1216:"Babymigo releases 2022 list of 30 best workplaces for mums in Nigeria"
998:"Sterling Bank Emerges Overall Best Workplace in Nigeria - THISDAYLIVE"
193:
182:
923:
875:"Sterling Bank Plc reports Gross Earnings of N175.14 billion in 2022"
659:"Sterling Bank signs acquisition agreement with ETB - Vanguard News"
973:"Sterling Now Nigeria's Most Innovative Bank 2023 - Sterling Bank"
972:
833:"Sterling Towers · Marina Rd, Lagos Island 102273, Lagos, Nigeria"
397:
122:
62:
837:
Sterling Towers · Marina Rd, Lagos Island 102273, Lagos, Nigeria
809:"Corporate Sectors | Sterling Bank Plc - The One-Customer Bank"
554:"Sterling Bank Lending Platform; Myspecta - fintechblogger.com"
99:
441:
Sterling Bank delivered a set of results in 2022 as follows:
635:"About Sterling | Sterling Bank Plc - The One-Customer Bank"
567:
1273:
761:"Agent Banking | Sterling Bank Plc - The One-Customer Bank"
177:
is a full-service national commercial bank licensed by the
166:
1146:"Sterling clinches 5th straight Great Place To Work award"
196:
with total assets valued in excess of NGN 1.85 trillion).
467:
Best Workplace to Work in Nigeria (Large Corporate), 2020
737:"Abu Suleiman, Sterling Bank PLC: Profile and Biography"
1267:
410:
1171:"Again, Sterling Bank bags Great Place to Work awards"
1240:"Finalists & Winners - HR People Magazine Awards"
497:
2022 Best Work-Life Harmony HRPM (HR People Magazine)
494:
2022 BabyMigo's Top 30 Workplaces for Mums in Nigeria
1121:"Sterling Bank retains top employer status for 2023"
162:
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1270:Sterling Financial Holdings Company Plc. Homepage.
1075:The Guardian Nigeria News - Nigeria and World News
1280:Sterling Bank Plc. Shares Recover From Recession
1310:Companies listed on the Nigerian Stock Exchange
420:Head Office, Sterling Towers, 20 Marina, Lagos
277:Managing Director and Chief Executive Officer
8:
432:Over 3 million USSD users across the country
16:
426:16,291 POS terminals with several merchants
402:Sterling Towers, 20 Marina, Lagos, Nigeria.
243:
205:Continental International Finance Company
61:Sterling Towers, 20 Marina, P.M.B. 12735,
22:
15:
949:"Sterling Bank gets PETAN's recognition"
595:"Sterling FY 2019 Investor Presentation"
491:2022 LinkedIn's 25 Workplaces in Nigeria
158:140 Business Offices, 632 ATMs (FY 2022)
148:Sterling Financial Holdings Company Plc.
545:
1325:Nigerian companies established in 1960
1276:Sterling Bank (Nigeria) Ltd. Homepage
7:
712:"Board Of Directors - Sterling Bank"
589:
587:
14:
1096:"Best Workplaces in Nigeria 2022"
1285:Company Profile At Bloomberg.com
525:
1214:Salau, Seyi John (2022-08-29).
423:140 branches across the country
1144:Online, Tribune (2022-12-06).
1:
1315:Companies in the NSE-30 Index
1119:Nwokoji, Chima (2023-05-01).
1100:Great Place To Work - English
683:"Sterling Bank Annual Report"
947:Popoola, Nike (2019-12-05).
429:632 ATMs across the country
1341:
873:Ugwu, Chris (2023-05-03).
116:₦ 107.96 billion (FY 2022)
1300:Banks established in 1960
223:Central Bank of Nigeria's
128:₦ 1.85 trillion (FY 2022)
35:Limited Liability Company
21:
1305:Companies based in Lagos
1274:https://sterling.ng/bank
508:List of Banks in Nigeria
416:The bank operates from:
167:https://sterling.ng/bank
513:Central Bank of Nigeria
365:Non-Executive Director
354:Non-Executive Director
343:Non-Executive Director
332:Non-Executive Director
321:Non-Executive Director
310:Non-Executive Director
179:Central Bank of Nigeria
1021:Work, Great Place To.
437:Performance highlights
403:
1244:hrpmagazineawards.com
401:
387:Independent Director
376:Independent Director
228:Equatorial Trust Bank
211:American Express Bank
1169:admin (2022-12-15).
1268:https://sterling.ng
1027:Great Place to Work
1002:www.thisdaylive.com
898:WOLE (2023-05-03).
862:. 31 December 2019.
299:Executive Director
288:Executive Director
138:>3,043 (FY 2022)
134:Number of employees
18:
928:sterlingbankng.com
813:sterlingbankng.com
789:sterlingbankng.com
765:sterlingbankng.com
639:sterlingbankng.com
604:. 25 February 2021
518:Economy of Nigeria
404:
253:Title/designation
250:Name of executive
234:Current executives
175:Sterling Bank Ltd.
17:Sterling Bank Ltd.
391:
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273:Abubakar Suleiman
239:Abubakar Suleiman
221:In line with the
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96:Managing Director
93:Abubakar Suleiman
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1320:Banks of Nigeria
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340:Folasade Kilaso
307:Michael Jituboh
261:Olatunji Mayaki
244:
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111:Operating income
86:Olatunji Mayaki
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692:. 21 April 2023
690:www.sterling.ng
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1248:. Retrieved
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1077:. 2021-12-06
1074:
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979:. 2019-03-27
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879:Nairametrics
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840:. Retrieved
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718:. 2019-02-15
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571:
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533:Banks portal
451:
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174:
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123:Total assets
57:Headquarters
31:Company type
977:sterling.ng
904:StocksWatch
716:sterling.ng
608:25 February
67:Lagos State
1294:Categories
1250:2023-09-23
1225:2023-09-23
1200:2023-09-23
1176:2023-09-23
1155:2023-09-23
1130:2023-09-23
1105:2023-09-23
1081:2023-09-23
1056:2023-09-23
1032:2023-09-23
1007:2023-09-23
983:2023-09-23
958:2023-09-23
933:2016-04-22
909:2023-09-23
884:2023-09-23
842:2023-09-23
818:2016-04-22
794:2016-04-22
770:2016-04-22
746:2023-09-23
722:2023-09-23
668:2016-04-22
644:2016-04-22
577:2017-08-29
540:References
394:Operations
79:Key people
264:Chairman
187:Bloomberg
154:Divisions
696:21 April
502:See also
207:Illinois
88:Chairman
41:Industry
200:History
194:Nigeria
183:Reuters
163:Website
72:Nigeria
49:Founded
44:Banking
456:Awards
411:Specta
144:Parent
860:(PDF)
686:(PDF)
598:(PDF)
181:. On
63:Lagos
698:2023
610:2021
247:S/N
209:and
185:and
52:1960
381:12
370:11
359:10
100:CEO
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