Sterling Bank of Asia

Bank in the Philippines

Sterling Bank of Asia

Company type| Public
Industry| Finance
Founded| March 30, 2007; 17 years ago (2007-03-30)
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)
Services| Banking, Insurance

Net income

| ₱102.7 million  (2020)[1]
Total assets| ₱39.4 billion (Q3 2022)[2]
Website| www.sterlingbankasia.com

Sterling Bank of Asia (SBA) (Hokkien Chinese: 融通亞洲銀行; Pe̍h-ōe-jī: Iông-thong A-chiu Gûn-hâng[3]) 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.[4]

As of 2022[update], it was the sixth largest thrift bank in the Philippines in terms of total assets.[5] It had forty eight branches all throughout the country.[6][7] It started to operate with seven branches in 2007 prior to its acquisition of Centennial Savings Bank in 2009.

## See also

[edit]

* BancNet
* List of banks in the Philippines

## References

[edit]

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. ^ "融通亞洲銀行被公認為2022年傑出菲央行持份者之一". 菲律賓商報 (Chinese Commercial News). Jan 27, 2023. Retrieved May 3, 2023.
4. ^ "SBA Company Profile". Sterling Bank of Asia. sterlingbankofasia.com. Retrieved December 31, 2022.
5. ^ "BSP Rankings in terms of assets". BSP. bsp.gov.ph. Retrieved September 30, 2022.
6. ^ "Sterling Bank of Asia ranked 5th in total deposits and 6th in total assets". Retrieved 12 September 2016.
7. ^ "SBA Branch locator". Sterling Bank of Asia. sterlingbankofasia.com. Retrieved December 31, 2022.