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Home Companies Company News

Why We Are Raising Fresh Capital – Sterling Bank

Ugodre Obi-chukwu by Ugodre Obi-chukwu
10 years ago
in Company News
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sterling bank
The Managing Director of Sterling Bank, Yemi Adeola, has unveiled plans to use N12.5 billion being sought for in the bank’s ongoing rights issue to upscale its growth and strengthen the bank’s operations.
Speaking in Lagos at the weekend,  Adeola said the additional capital would be used to fund the bank’s growth plan including expansion and modernization of branch networks and information technology.

Why we are raising fresh capital – Sterling Bank

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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