Sterling Bank grows shareholders’ fund by 20.2% - News Summed Up

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Sterling Bank grows shareholders’ fund by 20.2%


’Femi AsuSterling Bank Plc grew its shareholders’ fund by 20.2 per cent to N102.9bn in 2017 from N85.7bn in 2016. The lender said on Thursday at its 56th Annual General Meeting in Lagos that it would continue to focus on key growth sectors of the economy to drive sustainable growth and deliver higher returns to shareholders. The Chairman, Sterling Bank Plc, Mr. Asue Ighodalo, while addressing shareholders, said, “The business outlook presents an opportunity for us to navigate our growth by innovative means. According to Suleiman, Sterling Bank is actively mobilising private sector capital to solve some of the most pressing social and economic needs of Nigerians. “We have aligned the bank’s business model to offer financial and non-financial solutions to key areas which are at the HEART of Sterling Bank – Health, Education, Agriculture, Renewable Energy, and Transportation.


Source: Punch May 18, 2018 02:15 UTC



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