Sterling Bank Plc held its 52nd Annual General Meeting in Lagos. It was another moment for shareholders to commend the bank for its sustained growth and impressive market performance which translated to a PAT of N8.3bl for the 2013 financial year.
With a dividend payment of 25k, the shareholders lauded the bank for the effort, and also described as commendable the Sterling bank active engagement in Corporate Social Responsibility in the country, particularly the ‘Street Cleaning exercise’.
They also urged the bank to step up their capital base, which should be done with shareholder interest.
In his response the CEO Mr Adeyemi Adeola assures the investment community, of the commitment of the bank to improving service delivery, especially in the e-banking area with the deployment of 5,000 POS terminals, and the rolling out of 700 additional ATMS.