Sterling Bank Ltd - Company Profile
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Business Description
Sterling Bank Ltd (SBL) is a provider of retail and commercial banking products and financial services to individuals, commercials, MSMEs, high-net-worth individuals, and wealthy family clients across the country.
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Business Segments
- Commercial Banking
- Corporate & Investment Banking
- Institutional Banking
- Retail Banking
- Special Purpose Vehicle (SPV)
Overview
Offers banking solutions to small businesses and commercial enterprises.
Performance
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Overview
Caters to multinational companies and other financial institutions and includes loans, payments, and accounts. Loans include import finance, project finance, overdraft facilities, guarantee, invoice discount, and letter of credit. Accounts contain saving account, current accounts, and investment account. Also offers trade services that include bills for collection, foreign currency inward transfer, foreign cheque collection and issuance, invisible transactions, certificate of capital importance, and trade advisory services. Serves corporate entities with annual turnover of over NGN5 billion. Covers various sectors, including oil and gas, manufacturing, public sector, telecommunications, power and utilities, and financial institutions.
Performance
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Overview
Provides banking products and related financial services to government-based institutions, including federal government ministries, departments, agencies; states and local governments and their contractors.
Performance
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Overview
Offers accounts and deposits, cards, loans and other related financial services to retail individuals.
Performance
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Overview
Offers fund through the issue of debt securities.
Performance
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