Sterling Bank Plc (the Bank) is a merchant bank engaged in commercial banking with a focus on retail and consumer banking, trade services, corporate, investment and non-interest banking activities. The Company operates through six segments: Retail Banking, Commercial Banking, Institutional Banking, Corporate & Investment Banking, Non-interest Banking (NIB), and Special Purpose Vehicle (SPV). Corporate Banking provides banking solutions to multinational companies and other financial institutions. Retail and Commercial Banking provides banking solutions to individuals, small businesses, partnerships, and commercial entities, among others. The Institutional Banking business covers government-related institutions which include Federal Government ministries, departments, agencies, states and local governments. Non-Interest banking provides solutions that are consistent with Islamic laws and guided by Islamic economics. The SPV is used to borrow funds through the issue of debt securities.