Before this Act, the credit bureau industry started as a regulated industry with the release of the Guidelines for the Licensing, Operation and Regulation of credit bureaus, released and became effective in 2008, revised in 2013. The bill for the Credit Reporting Act was: Sponsored by the Chairman of the […]

STERLING QUICK LOAN With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income. Features Maximum tenor of 12 months Competitive pricing No equity contribution Requirements Hand written application letter Duly executed consumer Loan application form Minimum of […]

BUSINESS BANKING LOANS GUARANTEE These are instruments that entail Sterling Bank substituting its credit worthiness for that of its client and it is done at the request of the bank’s client to the beneficiary. They are undertakings by the Bank, that its customer will carry out the terms of a […]

COMMERCIAL AGRICULTURAL CREDIT SCHEME The scheme is aimed at fast tracking the development of the agricultural sector by providing credit facilities to large scale enterprises with a minimum asset size of N50m at a single digit interest rate of 9%. This is to enhance national food security, increase food supply […]

Sterling Quick Loan With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income. Features Maximum tenor of 12 months Competitive pricing No equity contribution Requirements Hand written application letter Duly executed consumer Loan application form Minimum of […]

AGRICULTURAL CREDIT GUARANTEE SCHEME FUND The Scheme provides guarantee cover (up to 75% of any outstanding balance upon default) in respect of loans granted to the agricultural sector by banks and also has a farmer-friendly scheme called “Interest Drawback Program” (IDP) of up to 40% interest refund upon liquidation of […]

STERLING TRACTOR ACQUISITION SCHEME Tractor Lease finance facility for Individuals, Corporate Enterprises, Cooperatives, State Governments and Tractor Associations to purchase tractors to be supplied by the appointed Vendors. Target Individual Members of Groups or Associations/Cooperatives Corporate Enterprises/ Individuals with evidence of land ownership with minimum of 20 hectares State Government […]

Agricultural loans provide the capacity to purchase a new farm or expand current operations. Farm loans are available through traditional lenders as well as dedicated government agencies. Experience in farming and a good credit score is preferred to get approved for a farm loan. What is an agricultural loan? Agricultural […]

BUSINESS BANKING Trade and Working Capital Solutions Their total trade solutions offered will assist you through the complexity of international trade by leveraging on our extensive international network. Import Trade Services Bonds & Guarantees: Standard Chartered Bank is able to issue your organization a wide range of Bonds to facilitate […]

PERSONAL LOAN At Standard Chartered they are in the business of helping you improve the quality of your life. That’s why they offer you a personal, unsecured loan to help you fulfil those dreams and live life to the full. Whether to buy a car, pay school fees for a […]