Sterling Bank PLC Private Placement Records 96% Subscription Rate

STERLING BANK PLC  RC 2392  Announces the result of the PRIVATE PLACEMENT OF 7,471,698,113 ORDINARY SHARES OF 50 KOBO EACH AT ₦2.65 PER SHARE With respect to the Placement Memorandum dated December 22, 2014 • One (1) application for 7,197,604,531 Ordinary Shares of 50 Kobo each at ₦2.65 per share was received in respect of the […]

Sterling Bank PLC Releases IFRS Unaudited Results for the Second Quarter Ended June, 2014

Top-line Earnings rise by 16% to N48.7 Billion Lagos, July 25, 2014 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the quarter ended June 30, 2014. In the Bank’s quarterly update to investors and analysts, Yemi Adeola, the […]

Sterling Bank PLC Releases IFRS Unaudited Results for the First Quarter Ended March, 2014

Profit before Tax rises 17% to N3.5 Billion Lagos, April 22, 2014 – Sterling Bank Plc (NSE: STERLNBANK / Reuters: STERLNB.LG /Bloomberg: STERLNBA:NL) – the ‘Bank’ – a full service national commercial bank releases its unaudited results for the quarter ended March 31, 2014. In the Bank’s quarterly update to investors and analysts, Yemi Adeola, the […]

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 […]