Sterling Bank targets investment in 5 sectors

Sterling Bank Plc has set a new market target to invest in five sector of the economy to sustain and increase its profitability and growth of the nation’s economy Speaking in Lagos at the bank’s facts behind the figure, Managing Director of Sterling Bank Plc, Abubakar Suleiman said Sterling Bank said the five sectors include health ,education, Agriculture, renewal energy and transportation. Seileman said that the bank planned to achieve its target in education by investing in technology that enables easy learning and dissemination of information to students and teachers, seek strategic partnerships outside Nigeria to attract foreign investment inflows into the sector.
He said that apart from providing finance across the value chain for agriculture to ensure distribution of food across the country, the Bank would provide a platform that links all players within the industry as well as providing information to help improve their business. Other areas of focus include creating a platform that enables the sale of renewaable energy solutions between electricity and users, finance large projects that provide electricity to communities and businesses, invests in technologies that ensure efficient collections for transport business and actively encourage the use of mass transit systems to reduce carbon emissions in line with our commitment to cleaner environment

 

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