Sterling Bank of Asia

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Sterling Bank of Asia
TypePublic
IndustryFinance
Founded2007
Headquarters
San Juan, Metro Manila
,
Philippines
Number of locations
38 branches
Key people
  • , (Chairman)
  • Gregorio T. Yu (Vice Chairman)
  • Cecilio Paul D. San Pedro,
    (President and CEO)
ServicesBanking, Insurance
Websitewww.sterlingbankasia.com

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 March 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.

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 47 branches all throughout the country.[1]

See also[]

References[]

  1. ^ "Sterling Bank of Asia ranked 5th in total deposits and 6th in total assets". Retrieved 12 September 2016.
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