Olufemi Adeyemi


Sterling Bank Recognized for its Positive Influence on Micro, Small, and Medium-Sized Enterprises

Sterling Bank Limited has been recognized as a multiple award winner at the recent fourth Development Bank of Nigeria Service Ambassadors Award Ceremony and Dinner held in Lagos.

According to a statement released by the bank on Wednesday, it secured victories in three categories: DMB with the Highest Impact on Youth, DMB with the Highest Impact on Women MSMEs, and the prestigious DBN Platinum Service Award.

The DBN Platinum Service Award, the evening's highest accolade, included a technical assistance grant of N5 million.

This award ceremony serves as a vital platform to honor and promote financial institutions that have made significant contributions to funding MSMEs, thus aiding in job creation and economic diversification.

Commenting on this achievement, Edward Ogunmekan, the Divisional Head of Retail & Consumer Banking at Sterling Bank, stated, “These awards reflect our steadfast dedication to empowering Nigerian entrepreneurs, especially among youth and women.

We believe that by supporting MSMEs, we are not only fostering business growth but also laying the groundwork for a more resilient and inclusive economy.

This recognition from DBN inspires us to further enhance our efforts in promoting sustainable economic development through targeted financing initiatives.”