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 […]