Sterling Bank
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.
The bank is Fitch-rated, listed on the Nigerian Stock Exchange, and known for its HEART of Sterling strategy, focusing on Health, Education, Agriculture, Renewable Energy, and Transportation.
Empowering the future of innovation
This project 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 2 billion Naira ($1.5m) guarantee to unlock 5 billion Naira ($3.8m) in affordable (interest <20%) local currency working capital for clean energy suppliers
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