Sterling Bank Limited emerged as a standout winner at the 4th Development Bank of Nigeria (DBN) Service Ambassadors Award Ceremony in Lagos, clinching three prestigious awards in recognition of its outstanding support for Micro, Small, and Medium Enterprises (MSMEs).
The bank was honored in three categories: “DMB with the Highest Impact on Youth,” “DMB with the Highest Impact on Women MSMEs,” and the top award of the evening, the “DBN Platinum Service Award,” which included a ₦5 million technical assistance grant. The awards celebrate financial institutions that have significantly contributed to job creation and economic diversification by providing targeted financing to MSMEs.
Edward Ogunmekan, Divisional Head of Retail & Consumer Banking at Sterling Bank, expressed pride in the recognition, stating, “These awards are a testament to Sterling Bank’s unwavering commitment to empowering Nigerian entrepreneurs, particularly youth and women. By supporting MSMEs, we are not just growing businesses, but building the foundation for a more robust and inclusive economy.”
The DBN Service Ambassadors Award Ceremony aims to acknowledge and encourage banks that drive economic growth by channeling funds into MSMEs. Sterling Bank’s multiple awards underscore its role as a key player in Nigeria’s financial sector, with a strong focus on inclusive growth through youth and women-led businesses.
Sterling Bank’s success at the awards reinforces its position as a leading supporter of entrepreneurship in Nigeria. With the additional technical assistance grant, the bank plans to further enhance its MSME support programs, promising even greater impact in the years ahead.
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