The statement by the bank also announced Mastercard Foundation, Africa Development Bank and IDH, the sustainable trade initiative, as headline sponsors for the third edition of the Summit.
Browsing: Sterling Bank
The bank Chief Executive Officer, Abubakar Suleiman, said in a statement that this was against N30.4 billion recorded during the corresponding period of 2019, representing a growth of 10.1 per cent.
Shina Atilola, the bank’s Divisional Head, Retail and Consumer Banking, said on Tuesday that the programme was targeted at entrepreneurs and upwardly mobile young Nigerians and Diasporans.
The shareholders gave the commendation at the bank’s 58th Annual General Meeting held virtually by proxy and streamed live from the MUSON Centre in Lagos.
Sterling Bank Plc has donated N25 million as part of a partnership between Giving.ng, a crowd-funding platform, and Netcore Solutions, a technology company, to raise N1 billion to assist frontline health professionals.
Sterling Bank Plc has launched a health insurance scheme in partnership with over 1,000 healthcare centres and hospitals to give Nigerians access to qualitative and affordable healthcare services nationwide.
Giving.ng, a crowdfunding platform, has said it is partnering Sterling Bank Plc, Nigeria’s leading commercial bank, to raise N1 billion from donors to support healthcare professionals taking care of persons infected with the Coronavirus Disease across the country.
Governor Okezie Ikpeazu of Abia State has expressed the state government’s readiness to partner Sterling Bank PLC to boost shoe production and enhance job creation in the State.
This is as the State, at the weekend, trained over 50 commercial motorists on road safety regulations and measures to curb traffic accidents on major roads in the State.
Sterling Bank, IBM, Nexford University to empower African students
Vice President, Yemi Osinbajo on Thursday said there was need to export agricultural products to help improve the standard of living of the people.
This year’s conference is themed: “Agriculture: Your Piece of the Trillion-Dollar Economy.”
A 34-year-old Banker with Sterling Bank, Emmanuel Odoemena, who is on trial for an alleged theft of N4.46 million has been granted N500,000 bail on Wednesday by an Ogudu Magistrates’ Court in Lagos State.
Investors at the Nigerian Stock Exchange on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria reports.
The scheme which is in partnership with MTN Nigeria, PayJoy, Samsung and Sterling Bank, will enable Nigerians pay for devices at flexible installments.
The News Agency of Nigeria reports that the transactions were lower compared with 503.12 million shares valued at N5.89 billion achieved in 3,710 deals on Thursday.
Speaking on Thursday at the Financial Institutions Training Centre Thought Leadership Discussion Series in Lagos, the NDIC Managing Director, Umaru Ibrahim, said the level of non-performing loans in the industry could be lower if the banks were to adhere more to sound corporate governance
Abubakar Suleiman, the bank’s Managing Director, made this known at the company’s facts behind the figures at the Nigerian Stock Exchange in Lagos on Tuesday.
The fund will provide mortgages at single-digit interest rate.
A further review of the financial performance indicated that net loans and advances increased by two per cent to N609.8 billion, customer deposits rose by 4.9 per cent to N718.5 billion, while total assets (excluding contingent liabilities) were relatively flat at N1.05 trillion.