Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Q1 2012 performance on CNBC Africa
In this interview with Uche Okoronkwo of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank, sheds light on the bank’s just-released first quarter results, which showed an increase in gross earnings of 49 percent to 45.2 billion naira.
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 Releases Unaudited Results for the Third Quarter ended 30 September, 2011
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 […]
Yemi Odubiyi, Chief Strategist at Sterling Bank, discusses Acquisition of Equitorial Trust Bank on CNBC Africa
In this interview with Wole Famurewa of CNBC Africa, Yemi Odubiyi, Chief Strategist at Sterling Bank Plc, discusses the bank’s recent decision to issue 3 billion new shares as part of its acquisition payment for privately-held Equitorial Trust Bank.
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 […]
Sterling Bank shareholders commend FY 2010 performance at 49th Annual General Meeting
On May 31, 2011, Sterling Bank, the full-service Nigerian commercial bank, held its 49th annual general meeting (AGM) in Lagos. At the meeting, Yemi Adeola, the Group Managing Director and Chief Executive Officer, reaffirmed the determination of the Board and Management to deliver competitive returns to shareholders in the years ahead. His assurance was given […]
