Sterling Bank Plc engages in the provision of banking and financial services. It operates through the following segments: Retail Banking; Commercial Banking; Institutional Banking; Corporate and Investment Banking; Non-Interest Banking; and Special Purpose Vehicle (SPV). The Retail and Commercial Banking segments offers banking solutions to individuals, small businesses, partnerships, and commercial entitles among others. The Corporate and Investment Banking segment caters banking solutions to multinational companies and other financial institutions. The Non-Interest Banking segment covers solutions that are consistent with Islamic laws and guided by Islamic economics. The SPV segment represents borrowed funds through the issue of debt securities. The company was founded on November 25, 1960 and is headquartered in Lagos, Nigeria.