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Sterling Bank\’s Rights Issue: 103.3% Subscribed

STERLING CAPITAL MARKETS LIMITED On behalf of STERLING BANK PLC Announces the result of the allotment of the OFFER BY WAY OF RIGHTS To Existing Shareholders Of 5,888,949,162 Ordinary Shares of 50 kobo each At N2.12 per share With respect to the Rights Circular dated June 17, 2013 A total of 2,773 shareholders applied for 6,084,254,055 […]

Sterling Bank PLC releases Unaudited IFRS Results for the First Quarter Ended March 31, 2013

Profit AFTER Tax rises96% to N2.7 billion Lagos, April 17, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the first quarter ended March 31, 2013. Commenting on the results, Yemi Adeola, Managing Director / CEO said:  Our first quarter performance was ahead of […]

Sterling Bank PLC Releases IFRS Audited Results for the Year Ended December 31, 2012

Profit Before Tax rises33% to N7.5 billion Lagos, April 03, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its audited results for the year ended December 31, 2012. Speaking on the results, Yemi Adeola, Managing Director / CEO said:  I am delighted with the Bank’s 2012 performance, given the marked improvement in […]

Sterling Bank PLC Reports IFRS Audited Results for the Year Ended December 31, 2012

Profit Before Tax rises33% to N7.5 billion Lagos, April 03, 2013– Sterling Bank Plc (NSE: STERLNBANK/ Reuters: STBP.LG) – the ‘Bank’ – today reported its audited results for the year ended December 31, 2012. Speaking on the results, Yemi Adeola, Managing Director / CEO said:  I am delighted with the Bank’s 2012 performance, given the marked improvement in […]

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 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 […]

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 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 […]

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 […]

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