Sterling Bank Plc has emerged as the overall best in the 2022 Nigerian Banking Sector Survey conducted by Afrinvest (West Africa) Limited.
This recognition follows closely on the heels of the bank’s recent honour at the Nigerian Fintech Awards in which its Chief Executive Officer, Abubakar Suleiman, received the special leadership in innovation award, highlighting the results of Sterling’s recent efforts towards customer-focused innovation and excellent service delivery.
Based on the responses from the survey conducted and published by Afrinvest, Sterling Bank emerged as the best bank in Nigeria for 2022 with 46 per cent ahead of Guaranty Trust Company (GTCO), which had been rated the best bank for five years in a row, emerging second with 20.2 per cent.
Respondents to the survey, the report added, rated Access at eight per cent, Zenith 4.2 per cent and FBN Holdings 4.1 per cent followed while UBA was 3.7 percent and Standard Chartered 3.3 per cent.
“The majority of respondents were millennials and generation X who have attained at least a Master’s degree, full-time employment, and currently occupy the portion of the income pyramid with earnings between N100,001 – 500,000,” the report said.
