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Vanguard News SunTrust Bank boosts SMEs with N23.96bn loan On By Peter Egwuatu In its commitment to make the growth of the small and medium scale enterprises (SMEs), its primary focus, SunTrust Bank gave out a whopping N23.96 billion as loans and advances to the sector in 2019. This information was contained in the bank’s annual report, made available to newsmen over the weekend. The chairman, Olanrewaju Shittu, while addressing the shareholders at the bank’s fourth Annual General Meeting,  AGM held in Lagos, noted that despite the challenges of the year under review, SunTrust Bank was ...

The Chief Executive of SunTrust Bank, Ms Halima Buba, has assured shareholders of the company that the board and management will make efforts to deliver value to them in the coming financial year. Ms Buba gave this assurance at the bank’s fourth Annual General Meeting (AGM) held in Lagos recently and chaired by Mr Olarenwaju Shittu, the Chairman, board of directors. She disclosed at the meeting that the financial institution will achieve this goal by improving the company’s earnings, profitability and asset quality. In order to do this, she said, SunTrust Bank, “In line with our strateg...

The management of SunTrust Bank Limited, at the weekend, held its annual general meeting, which offered shareholders an opportunity to review its operations for the year ended December 31, 2019. It was a year in which, according to the Managing Director and Chief Executive, Halima Buba, the bank contributed to the growth of the nation’s economy through effective funding of the real sector as demonstrated in the significant growth in its loan book. This, according to her, “can only be done through effective funding of the real sector. As you can see, we increased our loans and advances by ...

Views: Visits 21 Ag. Company Secretary, Sun Trust Bank,Mayokun Awolola(left); Managing Director/ Chief Executive Officer, Sun Trust Bank, Hajiya Halima Buba, Chairman, Sun Trust Bank, Olanrewaju Shittu, Non -Executive Director, Sun Trust Bank, Barr. Charles Musa, Executive Director, Sun Trust Bank, Umar Dan- Umma, at the Sun Trust Bank Nigeria Limited, 2019 Annual General Meeting, on the 19th December 2020 In its commitment to growing the small and medium scale enterprises (SMEs), SunTrust Bank gave out N23.96 billion as loans and advances to the sector in 2019. The information was...

Punch Newspapers Sections Temiloluwa O’Peters    In its commitment to make the growth of the small and medium scale enterprises its primary focus, SunTrust Bank gave out N23.96bn as loans and advances to the sector in 2019. This information was contained in the bank’s annual report, made available to our reporter on Saturday. The Chairman, Olanrewaju Shittu, while addressing shareholders at the bank’s fourth Annual General Meeting in Lagos, noted that the bank had been able to increase its balance sheet by 24.61 per cent from N43.97bn to N54.79bn. The Managing Director and Chief Exe...