Sterling Financial Holdings Co PLC 2015 Annual Report with Sustainability Disclosures
The report highlights Sterling Bank's financial and sustainability performance for the fiscal year 2015. Despite a turbulent operating environment, the bank achieved a 14.3% growth in profit after tax to N10.3 billion and improved its capital adequacy ratio to 17.5%. On the sustainability front, the bank integrated its first sustainability report, aligning its operations with the Nigerian Sustainable Banking Principles and the Global Reporting Initiative guidelines. Key initiatives included investing over N1 billion in the education sector, committing N250 million to environmental sustainability over five years, and expanding its agent banking network to 626 agents to promote financial inclusion.
Company: Sterling Financial Holdings Co PLC
Sector: Finance & insurance
Country: Nigeria
Year: 2015
Type: Annual Report with Sustainability Disclosures
Pages: 204
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Sterling Financial Holdings Co PLC
Annual Report And Financial Statements
The report highlights Sterling Bank's financial and sustainability performance for the fiscal year 2015. Despite a turbulent operating environment, the bank achieved a 14.3% growth in profit after tax to N10.3 billion and improved its capital adequacy ratio to 17.5%. On the sustainability front, the bank integrated its first sustainability report, aligning its operations with the Nigerian Sustainable Banking Principles and the Global Reporting Initiative guidelines. Key initiatives included investing over N1 billion in the education sector, committing N250 million to environmental sustainability over five years, and expanding its agent banking network to 626 agents to promote financial inclusion.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Published
Mar 21, 2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Employees