Sterling Bank honoured for MSME impact

Sterling Bank Limited has emerged multiple award winner at the fourth Development Bank of Nigeria Service Ambassadors Award Ceremony and Dinner recently held in Lagos.

A statement from the bank on Wednesday indicated that the bank won in three categories; DMB with the Highest Impact on Youth; DMB with the Highest Impact on Women MSMEs; and the DBN Platinum Service Award.

DBN Platinum Service Award was the highest honour of the evening and came with an N5m technical assistance grant.

The DBN Service Ambassadors Award Ceremony serves as a platform to acknowledge and encourage financial institutions that have made significant strides in channelling funds to MSMEs, thereby contributing to job creation and economic diversification.

Speaking on the achievement, the Divisional Head of Retail & Consumer Banking at Sterling Bank, Edward Ogunmekan, said, “These awards are a testament to Sterling Bank’s unwavering commitment to empowering Nigerian entrepreneurs, particularly youth and women.

“We believe that by supporting MSMEs, we are not just growing businesses, but building the foundation for a more robust and inclusive economy. This recognition from DBN further motivates us to intensify our efforts in driving sustainable economic growth through strategic financing initiatives.”