Skip to content

Sterling Bank

Strategic pillar: Mobilising capital
Customer group: Micro-entrepreneur
Region: Africa
Partner since: 2025
Joint partners FCDO
FCDO funding type: TIME

About

Sterling Bank, established in 1980, is a leading Nigerian commercial bank with over $1.2 billion in assets. It operates through 180+ branches, employs over 2,500 staff, and serves over 3 million customers.

Project Focus

The project with Shell Foundation aims to pilot a multi-year partnership with Sterling Bank, a Nigerian commercial bank with over $1.2 billion in total assets. The partnership will provide a guarantee to unlock millions in more affordable (interest <20%) local currency working capital for clean energy suppliers to support micro-entrepreneurs.

For 25 years, Shell Foundation has partnered to scale clean energy solutions that boost incomes and cut emissions

Learn about our impact