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Sterling Bank Plc (Nigeria)

Main Activities: Commercial Banking
Full name: Sterling Bank Plc Profile Updated: August 14, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Sterling Bank Plc. is a Nigeria-based financial institution engaged in universal banking, focussing on consumer banking, trade finance, investment banking and capital market activities. It also provides wholesale banking services. It offers banking products through 100 branches, 45 automated teller machines, telephone banking and other e-banking offerings. Its products include Sterling Acquire, an asset acquisition account; Sterling Minor; Sterling Key 360, and Sterling Plus, a savings account. It offers services in areas, such as electronic banking; investment banking; money transfer; stock trading (through Nigerian Stockbrokers Limited/ Sterling Registrars & Sterling Capital Markets Limited); asset management (through Sterling Asset Management & Trustees Limited); insurance (through SBG Insurance Brokers Limited); mortgage banking (through Safetrust Savings & Loans Limited), and pension fund administration (through Crusader Sterling Pensions Limited).

Legal Address
20 Marina,P.M.B 12735
Lagos; Lagos;

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Website: http://www.sterlingbankng.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1960
Key Executives
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Director / Member of the Management Board
Ownership Details
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25%
Subsidiaries
Sterling Investment Management Plc
100%
Company Performance
Financial values in the chart are available after Sterling Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net interest income
5.85%
Operating profit (EBIT)
16.99%
Net Profit (Loss) for the Period
20.22%
Total assets
25.41%
Total equity
4.23%
Total Assets Trend
15.57%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-1.85%
Loans to Asset Ratio
-2.65%

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