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Vanguard News
Shareholders commend Sterling Bank’s performance
On
By Peter Egwuatu
Shareholders of Sterling Bank Plc have commended the board and management of the bank for the improved financial performance despite the adverse impact of the Covid-19 pandemic.
The shareholders at the 2021 Annual General Meeting (AGM) of the bank held by proxy in Lagos and streamed live across digital platforms last week also approved resolutions for the declaration of a dividend of five kobo per share, the election of directors, remuneration of auditors, and the election of shareholders’ representatives on the statutory audit committee.
Commenting on the bank’s performance, Mr Matthew Akinlade, President of Nigeria Solidarity Shareholders Association (NSSA), noted the consistency in the bank’s earnings per share in the last five years.