Imagine a Nigeria Where

No one needs to fly out for medical care

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Health

Protecting Nigeria's Wealth


  • Financed over 2,500 businesses through our product program in 2024
  • Facilitated health insurance for over 10,000 lives in 2024, ensuring greater access to medical care
  • Disbursed over ₦4.8 billion to support 548 customers across diverse areas of the health sector, including: Hospitals, Diagnostic centers, Pharmaceutical dealers, Medical equipment suppliers, Other human health-related businesses
  • Empowered local drug manufacturers to produce and package critical medications such as antibiotics and malaria drugs
  • Collaborated with the Blood Bank Group and facilitated renewable energy solutions for blood storage facilities
  • Collaborated with Tremendoc to provide free telemedicine consultation services to 10 000 Nigerian
  • Financed the development of the N 1.2 Billion maternity and diagnostic center in Agbor, Delta State, Nigeria
  • Launched the Health Workers’ Fund to provide supplementary equipment to frontline health care workers on the frontlines of battling the COVID-19 pandemic
  • Implemented the online registration and payment solution for inbound and outbound travelers in combating the COVID-19 pandemic
  • Financed drone systems for pharmaceuticals delivery in Nigeria with the Kaduna and Bayelsa state governments
  • Developed and implemented a public health insurance scheme with the Cross River State Government in Nigeria
  • Developed and launched Rupi Flexi financing scheme in collaboration with Roche Pharmaceuticals, to provide financing for cancer patients
  • Partnered with the Lagos State Ministry of Health, the Health Federation of Nigeria, and other key stakeholders to develop policies and solutions to COVID-19
  • Developed the public and private COVID-19 vaccination registration platforms for the administration of vaccines in Nigeria
  • Awarded the most “Outstanding Healthcare Financial Institution” at the NHEA 2021.

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Education

Building the future today


  • Hosted the School Leaders Academy (SLA), connecting 600+ school leaders to financing opportunities and workshops, bridging the gap between education and financial institutions.
  • Partnered with Nexford University to offer education loans for graduate and postgraduate programs; expanding access to quality education.
  • Collaborated with MIVA Open University to support postgraduate education.
  • Replace “Launched the EdPay loan facility by Edubanc to finance school fees payments” to “Introduced EdPay Loan Facility by Edubanc, making tuition financing more accessible for parents and students
  • Disbursed N4.47 billion in loans to 971 schools in 2024.

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Agriculture

Feeding a Nation


  • Disbursed over N500 billion to commercial farmers; empowering over 60,000 rice, maize & soybeans small holder farmers under the CBN Anchor Borrowers’ Program and SwayAgFin
  • Recipient of the Most Outstanding Supportive Bank in Agribusiness at the Agro-Reality Life Magazine Award 2022
  • Recognized as the Best Participating Financial Institution of the Year at the Agric Credit Guarantee Scheme (ACGSF) Awards
  • Partnered with Mastercard Foundation to co-create an impact fund of N12 billion dedicated to youth and women in agriculture
  • Trained 90 000 rural farmers on in partnership with Mercy Corps to increase sector productivity
  • Developed and deployed the Sterling Women and Youth in Agriculture Financing (SWAY AgFin) in partnership with Mastercard Foundation, and successfully disbursed over N 5 Billion Naira to over 12 000 farmers
  • Developed and launched SABEX, an online platform built on blockchain technology in collaboration with AFEX Commodities, to facilitate better storage, trading, and financing for agro-commodities
  • Financed players within the Nigerian agriculture sector with over N 100 billion (currently 10% of the bank’s current loan portfolio as at December 2021)
  • Launched the Nigerian Farmers’ Radio in major Nigerian languages to engage and educate smallholder farmers on best practices. Broadcast in all 6 geo-political zones
  • Launched and hosted the Agriculture Summit Africa to facilitate discourse and formulate policy to guide the Nigerian agriculture sector. Successfully hosted annually since 2018, with renowned speakers and attendees from across the continent and the world.
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Renewable Energy

Powering a Nation


  • Financed over 20.484MW of solar capacity, ensuring an annual energy yield of 40GWh and reducing reliance on fossil fuels.
  • Facilitated projects that led to a 19,813 metric-tonnes reduction in CO2 emissions, reinforcing our commitment to sustainability.
  • Obtained IFC EDGE certification for Green Bay Estate, Lagos and Sterling Towers.
  • Recognized by Renewable Energy & Energy Efficiency Association-Alliance (REEEA-A) recognized for Exceptional Proficiency in Clean Energy Financing
  • Disbursed over N10 billion in risk assets, empowering businesses, communities, and enterprises to transition to renewable energy solutions.
  • Partnered with Shell Foundation to catalyze low-cost financing for productive use of renewable energy solutions by microenterprises through provision of Credit Risk Guarantee worth N20 billion over a five-year period.
  • Partnered with Nigeria Sovereign Investment Authority (NSIA) on the $500million Renewable Investment Platform for Limitless Energy (RIPLE). The initiative is dedicated to development, investment, and operation of renewable energy projects across the entire value chain in Nigeria.
  • Enlisted on Odyssey digital platform for managing and monitoring distributed renewable energy (DRE) financing. Odyssey coordinates the $750million World Bank Distributed Access through Renewable Energy Scale-up (DARES) initiative.

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Transportation

Moving a Nation


  • Introduced Nigeria’s first publicly accessible electric vehicle charging station in Victoria Island, Lagos, in collaboration with Qoray Mobility.
  • Delivered the largest single fleet of 120 zero-emission Qoray TEAK electric 3-wheelers (tricycles) to Kano to empower women in the Mata Zalla and Yar Baiwa women’s cooperatives. This was done in collaboration with Qoray mobility, LINKS (a UK AID-funded Commonwealth program) and The Alternative Bank.
  • Over 20 Million passenger trips.

We Are Putting Our Money Where Our HEART Is

Click the red button to see how Sterling is building a New Nigeria.

Loans Given

300bn+

Beneficiaries

30,000+

Rates as low as

1.5%

N10 Billion


earmarked for improving the healthcare industry


Through strategic partnerships and innovative solutions, we are empowering students, educators, and institutions to build a world-class education system.

Proof Points

N10 Billion


commited to better education for Nigerians


Sterling will invest over N10 Billion in the education sector to provide loans for education business expansion, access to finance for parents, schools and other stakeholders to ensure that our schools are among the best in the world.

Proof Points

60,000


farmers empowered to help feed the nation


Sterling has supported local farmers with over N500 Billion in the production of rice, maize and beans, contributing towards growing the Nigerian food basket

Proof Points

N10 Billion


earmarked for alternative power supply for Nigerians


In the next 1 year, Sterling will supply over 10,000 Nigerian homes with uninterrupted power power supply to ensure that the lights never go off

Proof Points

Over 20 Million


passenger trips enabled in Lagos alone


In the last 7 years, Sterling has invested over $50 Million in the Lagos BRT scheme to ensure that Nigerians no longer need to drive to work.

Proof Points

Join the initiative to build a new Nigeria


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Over

1,000

projects and counting

Only 3%

of the total labor force in Nigeria works in agriculture

9 out of 10

Nigerians don't have steady power supply

1.3 : 1

is the ratio of cars to commuters on Nigerian roads.

7 out of 10

Nigerian's don't have access to primary healthcare

Over 65%

of Nigerian children are out of school

Only 3%

of the total labor force in Nigeria works in agriculture

9 out of 10

Nigerians don't have steady power supply

1.3 : 1

is the ratio of cars to commuters on Nigerian roads.

7 out of 10

Nigerian's don't have access to primary healthcare

Over 65%

of Nigerian children are out of school

Only 3%

of the total labor force in Nigeria works in agriculture




H.E.A.R.T Benefit

Growth in the economy will call for more specialized and complex financial services which will lead to growth in other financial services outside of commercial banking.

Sterling

About H.E.A.R.T

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