10
AugSterling Bank has announced the launch of its new loan product ‘I Go Trade’ to help close the financial inclusion gap and provide client-centric solutions to its diverse customer base. The product would make low-interest, collateral-free loans up to N300,000 more accessible to artisans and other small business owners throughout communities. This loan will provide beneficiaries with financial flexibility, allowing them to receive the finances they need to acquire inventory, working capital, and other assets that will help them stay afloat and eventually make a profit. Shina Atilola, Divisional Head, Retail and Consumer Banking, commented on the new product, explaining […]
07
MaySterling Bank Plc shareholders approved resolutions for the payment of a five kobo per share dividend for the fiscal year 2020. The approval was given at the bank’s 59th annual general meeting, which was held by proxy in Lagos and streamed live through digital channels on Thursday, according to a statement titled “FY 2020: Shareholders commend Sterling Bank’s improved performance.” In a difficult year, Sterling Bank’s Chairman of the Board of Directors, Mr Asue Ighodalo, said the bank concentrated on the continued strategic growth of its core pillars – digitisation, agility, and specialisation. “Despite the harsh economic environment triggered by[…]