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Sterling Bank allots P132 M for expansion Friday, September 6, 2013

Published on BusinessWorld
THRIFT LENDER Sterling Bank of Asia has earmarked P132 million for its expansion plans, aiming to open 13 new branches in 2014 in a bid to extend its market reach.
 "Sterling Bank is on expansion mode and our goal is to provide our customers with the best possible personal banking experience. We always look for ways to support the needs of the growing number of communities in which we operate," Sterling Bank President and Chief Executive Officer Lamberto R. Villena said in the statement. 
The bank is eyeing new branches in Bonifacio Global City, Taguig; San Pablo, Laguna; Calamba, Laguna; Caloocan; San Fernando, Pampanga; San Fernando, La Union; Puerto Princesa, Lucena; Legaspi, Albay; Naga; Boracay; and Zamboanga. 
Sterling Bank is majority-owned by the JTKC Group of Companies of the Tiu family and Star Equities, Inc. -- D.J.B. Evite

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