STERLING BANK KEEPS NPL BELOW CBN THRESHOLD FOR DECADE

Sterling Bank Plc has sustained its Non-Performing Loan (NPL) ratio below the Central Bank of Nigeria (CBN) regulatory threshold for the past ten years.

The bank announced this milestone on Friday while releasing its half-year 2026 financial results.

Management credited the achievement to stringent credit risk management practices, diversified loan portfolios, and proactive monitoring of assets despite prevailing economic headwinds.

The lender’s NPL ratio remained comfortably within the regulatory limit, reinforcing its reputation for strong asset quality.

Sterling Bank’s Chief Risk Officer highlighted the decade-long consistency as evidence of the bank’s disciplined approach to lending and resilience in a volatile operating environment.

Analysts described the performance as impressive, noting that it strengthens investor confidence and positions the bank well for future growth opportunities in Nigeria’s banking sector.