Sterling Bank
Nigeria
Overview
Sterling Bank, founded 1960 (formerly NAL Bank), became a fully-fledged commercial bank and merged with four other banks (Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank, Trust Bank of Africa) during Nigeria's 2006 banking-sector consolidation. Recently migrated to Africa's first indigenous core banking system.
Key Facts
- Type
- Bank
Last updated April 20, 2026