Sterling Bank Plc on Tuesday announced gross earnings of N152.2 billion for the financial year ended December 31, 2018.
The bank, in a statement, said the performance affirmed the potency of its medium to long-term strategy. “Our investments in people and technology platforms drove significant traction in the retail and consumer segment, in line with our medium to long term goals. Mr Suleiman said mobile channel usage grew over 80 by per cent following the launch of Sterling OnePay, an omni-channel mobile banking platform as transaction volumes doubled on the instant payment platform.
According to him, the bank maintained a healthy capital and liquidity position at 13.3 per cent and 42.2 per cent respectively, on account of additional tier two capital injection.
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