Suvarna Garge (Editor)

Sterling Bank of Asia

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Type
  
Public

Number of locations
  
38 branches

Founded
  
2007

Industry
  
Finance

Services
  
Banking, Insurance

Headquarters
  
San Juan, Metro Manila, Philippines

Key people
  
Ruben C. Tiu, Chairman Cecilio Paul D. San Pedro, President and CEO

Motto
  
Banking to a different beat

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Sterling Bank of Asia is a savings bank principally owned by the JTKC Group of Companies, Surewell Equities, and Star Equities engaged in diverse industries ranging from logistics to finance, real estate, manufacturing, hotel and resort properties. It was established on 30 May 2007 in response to the Philippine government's mandate to create specialized financial institutions that would support the development and growth of the small and medium enterprise sector.

Contents

In 2012, it ranked 5th among 67 thrift banks in total deposits and 6th in total assets. It started to operate with 7 branches in 2007 prior to its acquisition of Centennial Savings Bank in 2009. As of today, it has 38 branches all throughout the country.

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References

Sterling Bank of Asia Wikipedia