|Join Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,867,198 members, 6,880,792 topics. Date: Wednesday, 25 May 2022 at 06:05 PM
|Sterling Bank Rated Top Ten Globally -leads In Nigerian Market by jadesola2016: 7:11pm On Mar 22, 2016|
STERLING BANK RATED TOP TEN GLOBALLY -LEADS IN NIGERIAN MARKET
Sterling Bank Plc has been rated by Lafferty Group among 100 banks from around the world. The group’s approach to rating is to use publicly available information to judge against key quantitative and qualitative criteria such as strategy, culture, customer care, brand promise and financial performance.
According to Michael Lafferty, Chairman, Lafferty Group “banks that score well on Lafferty Bank Quality Ratings tend to trade at a premium price to their tangible book value”.
In an update to investors and analysts on the Ratings, Yemi Adeola, Managing Director/Chief Executive, stated:
Our Bank has remained resilient in a turbulent operating environment; and Lafferty Bank Quality Ratings has provided an objective view on the fundamentals of our business, by rating us 10thin the world, top 3 in Africa (after Capitec and Barclays Africa) and the top bank in Nigeria. In spite both regulatory and macroeconomic headwinds, we have maintained strong capital and liquidity positions. I am pleased that an external and independent party has validated the Bank’s reputation as a well- run, sustainable institution which further lays credence to our valuation in the equities market relative to competition.
While we welcome the external validation of our business model, we remain committed to building a strong brand with a pervasive culture of innovation, good corporate governance and excellent service delivery.
|Re: Sterling Bank Rated Top Ten Globally -leads In Nigerian Market by kossyablaze(m): 7:57pm On Mar 22, 2016|
|Re: Sterling Bank Rated Top Ten Globally -leads In Nigerian Market by Boss13: 8:03pm On Mar 22, 2016|
They must have paid lafferty some money for this PR
|Re: Sterling Bank Rated Top Ten Globally -leads In Nigerian Market by omowolewa: 9:37pm On Mar 22, 2016|
Photo:nigeria's First Car Maker Takes To The Skies In Fighter Jets:cnn / Fayose ‘I Told Nigerians Not To Vote For Buhari,’ Governor Says / Fayose Should Be Arrested About Chibok Girls’ Whereabouts – Igbokwe, Others
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39