Sterling Bank Limited has emerged as a standout winner at the fourth Development Bank of Nigeria (DBN) Service Ambassadors Award Ceremony and Dinner, held recently in Lagos. The bank claimed victories in three major categories: “DMB with the Highest Impact on Youth,” “DMB with the Highest Impact on Women MSMEs,” and the prestigious “DBN Platinum Service Award.”
The DBN Platinum Service Award, which is the highest accolade of the evening, came with a N5 million technical assistance grant, underscoring the significance of the recognition. The DBN Service Ambassadors Award Ceremony is designed to celebrate and motivate financial institutions that have made substantial progress in channeling funds to micro, small, and medium enterprises (MSMEs), thereby playing a crucial role in job creation and economic diversification in Nigeria.
Speaking on the bank’s achievements, Edward Ogunmekan, Divisional Head of Retail & Consumer Banking at Sterling Bank, expressed pride in the recognition. “These awards are a testament to Sterling Bank’s unwavering commitment to empowering Nigerian entrepreneurs, particularly youth and women,” Ogunmekan said. “We believe that by supporting MSMEs, we are not just growing businesses, but building the foundation for a more robust and inclusive economy. This recognition from DBN further motivates us to intensify our efforts in driving sustainable economic growth through strategic financing initiatives.”
Sterling Bank’s success at the DBN awards highlights its dedication to fostering entrepreneurship and economic development, particularly among youth and women, positioning the bank as a leader in promoting financial inclusion and sustainable growth in Nigeria.