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