Sterling Bank to enhance real sector financing

STERLING Bank Plc is poised to become a systemically important commercial bank that impacts on all sectors of business participation in the economy.This much was disclosed in a report titled: 'Sterling Bank: Yesterday, Today and Tomorrow,' stated further that the bank is aiming at strengthening its resolve of becoming the leading tier 2 bank in the country by 2016.In relation to the global market place, Sterling Bank also plans to sustain its mission to be a competitive financial services franchise, fully scaled business model with institutionalised processes beyond the stewardship of current owners and managers and a systemically important operator materially impacting all its sectors of business participation.Sterling Bank currently operates a national commercial banking licence and has been rated 'Short Term A3,' with a stable outlook. It recently assimilated the business interest of the erstwhile Equitorial Trust Bank to emerge a formidable tier 2 bank.According to the bank's chief strategy officer, Yemi Odubiyi, 'Sterling Bank's customers and shareholders are in for a good time.' He also reiterated that the bank will remain true to its core values of customer focus, integrity, team work and excellence.'Sterling Bank Plc is the preeminent investment banking establishment in Nigeria. We commenced operations as NAL Bank in 1960.
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