Sterling Bank of Asia

Sterling Bank of Asia is a savings bank in the Philippines 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.[3]

Sterling Bank of Asia
TypePublic
IndustryFinance
Founded2007
Headquarters
San Juan, Metro Manila
,
Philippines
Number of locations
48 branches
Key people
  • Ruben C. Tiu, (Chairman)
  • Gregorio T. Yu (Vice Chairman)
  • Cecilio Paul D. San Pedro,
    (President and CEO)
ServicesBanking, Insurance
₱102.7 million Decrease (2020)[1]
Total assets₱39.4 billion (Q3 2022)[2]
Websitewww.sterlingbankasia.com

As of 2022, it is the sixth largest thrift bank in the Philippines in terms of total assets.[4] It started to operate with seven branches in 2007 prior to its acquisition of Centennial Savings Bank in 2009. As of today, it has forty eight branches all throughout the country.[5][6]

See also

References
  1. "SBA Annual Report 2020" (PDF). Sterling Bank of Asia. sterlingbankofasia.com. Retrieved December 31, 2020.
  2. "BSP Rankings in term of assets". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  3. "SBA Company Profile". Sterling Bank of Asia. sterlingbankofasia.com. Retrieved December 31, 2022.
  4. "BSP Rankings in terms of assets". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  5. "Sterling Bank of Asia ranked 5th in total deposits and 6th in total assets". Retrieved 12 September 2016.
  6. "SBA Branch locator". Sterling Bank of Asia. sterlingbankofasia.com. Retrieved December 31, 2022.
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