Sterling Bank PLC Reports IFRS Unaudited Results for the Third Quarter ended September 30, 2012
Gross Earnings rise 93% to N50.7 billion Lagos, October 24, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its unaudited results for the third quarter ended September 30, 2012. Third Quarter Management Statement to Investors by Yemi Adeola, Managing Director / CEO: With the successful integration of ETB, we […]
Sterling Bank PLC Reports IFRS Unaudited Results for the Second Quarter ended June 30, 2012
Pre-Tax Profit Rises 38% to N3.3 billion Lagos, July 26, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its half-year unaudited results for the second quarter ended June 30, 2012. Half Year Management Statement to Investors by Yemi Adeola, Managing Director / CEO: I am pleased to report on […]
Sterling Bank PLC releases Unaudited IFRS Results for the First Quarter Ended March 31, 2012
Gross Earnings Rise 79% to N17.2 billion Lagos, May 10, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its first quarter unaudited results for the period ended March 31, 2012. In the Bank’s quarterly update to investors, Yemi Adeola, the Managing Director/ Chief Executive Officer, stated that: Sterling Bank achieved […]
Sterling Bank 2011 Annual Report is available for download
The 2011 Annual Report of Sterling Bank Plc is available for download here.
Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Q1 2012 performance on CNBC Africa
In this interview with Uche Okoronkwo of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank, sheds light on the bank’s just-released first quarter results, which showed an increase in gross earnings of 49 percent to 45.2 billion naira.
Sterling Bank PLC Releases Audited Results for the Year Ended December 31, 2011
Declares Dividend of 10 kobo Per Share Lagos, April 13, 2012 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its full year audited results for the financial year ended December 31, 2011. Speaking on the results, Yemi Adeola, Managing Director/CEO said: The Bank’s performance in 2011 underscores once again our ability […]
Notice of 50th Annual General Meeting
Notice of 50th Annual General Meeting NOTICE IS HEREBY GIVEN that the 5oth Annual General Meeting of Sterling Bank Plc will be held at the Lagoon Restaurant, 1C, Ozumba Mbadiwe Street, Victoria Island, Lagos, on Tuesday, the 15th day of May, 2012 at 11:00 a.m. to transact the following business: ORDINARY BUSINESS To receive the Audited Financial […]
Event Date: 15 May, 2012
Notice of 50th Annual General Meeting
Notice of 50th Annual General Meeting
Achieves 21% growth in Gross Earnings to N28.03 Billion Lagos, October 21, 2011 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today released its unaudited results for the first nine months ended 30 September 2011. Commenting on the Bank’s latest results, Yemi Adeola, Group Managing Director/CEO said: In a challenging operating environment […]
Sterling Bank PLC Releases Unaudited Results for the Third Quarter ended 30 September, 2011
Sterling Bank Plc and Equitorial Trust Bank Limited Receive Shareholders’ Approval for Business Combination
At respective court-ordered meetings held today in Lagos, shareholders of Sterling Bank Plc (“SBP”) and Equitorial Trust Bank Limited (“ETB”) approved the combination of both financial institutions. The shareholders’ consent marks the culmination of exclusive talks, which were first disclosed last month after the formal signing of a transaction implementation agreement (TIA). The deal, whose […]
Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Acquisition of Equitorial Trust Bank on CNBC Africa
In this interview with Wole Famurewa of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank Plc, discusses the bank’s recent decision to issue 3 billion new shares as part of its acquisition payment for privately-held Equitorial Trust Bank.
Sterling Bank PLC and Equitorial Trust Bank PLC Sign Transaction Implementation Agreement
Sterling Bank Plc (“Sterling”) and Equitorial Trust Bank Plc (“ETB) today announced that they have entered into a formal Transaction Implementation Agreement (TIA) which will lead to the recapitalization of ETB and merger of both financial institutions. The TIA reflects the main commercial terms of reference on which agreement has been reached in principle by the Boards […]
Sterling Bank PLC Releases Unaudited Results for the Second Quarter ended 30 June 2011
Records 11% Growth in Gross Earnings to N18.2 Billion Lagos, July 25, 2011 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today released its unaudited results for the first six months ended 30 June 2011. Speaking on the results, Yemi Adeola, Group Managing Director/CEO said: We are pleased to announce that Sterling […]
Event Date: 28 September, 2011
Sterling Bank Plc holds Court-Ordered Meeting to Approve Acquisition of Equitorial Trust Bank.
Sterling Bank shareholders commend FY 2010 performance at 49th Annual General Meeting
On May 31, 2011, Sterling Bank, the full-service Nigerian commercial bank, held its 49th annual general meeting (AGM) in Lagos. At the meeting, Yemi Adeola, the Group Managing Director and Chief Executive Officer, reaffirmed the determination of the Board and Management to deliver competitive returns to shareholders in the years ahead. His assurance was given […]
Sterling Bank PLC Releases Unaudited Results for the First Quarter ended March 31, 2011
Reports Earnings of N9.1 Billion, Declares Profit before Tax of N1.4 Billion Lagos, April 28, 2011 – Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today released its unaudited results for the first quarter ended 31 March 2011. The Bank continues to make steady progress in its strategy built on expanding retail […]
Notice of 49th Annual General Meeting
NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 49th Annual General Meeting of Sterling Bank Plc will be held at Golden Gate Complex, 25B, Glover Road, Ikoyi, Lagos on Tuesday, the 31st day of May 2011 at 11.00 a.m. to transact the following business: ORDINARY BUSINESS: 1. To receive the Audited Financial […]
Event Date: 31 May, 2011
Sterling Bank holds 49th Annual General Meeting.
Shareholders approve National Banking License and Capital Injection at Extra-Ordinary General Meeting
At its Extra-Ordinary General Meeting held in Lagos on February 4, 2011, Sterling Bank received shareholders’ approval to apply for a national commercial banking license under the new geographic footprint categorization of the Central Bank of Nigeria. The Bank had sought shareholders’ approval to apply “for a commercial banking license on a national basis”. Under […]
