BusinessDay
Nigeria's leading finance and market intelligence news report.

Sterling Bank strengthens financial position as asset quality improves amid Covid-19 shocks

The financial position of Sterling Bank Nigeria Plc has strengthened as asset quality improved (NPLS) even amid the coronavirus pandemic and cratering oil price that threw the economy into a tailspin. For the first six months through June 2020, Sterling Bank’s NPLS stood at 2.10 percent- lower than the 5 percent regulatory benchmark- which compares…



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