Equitorial Trust Bank

Equitorial Trust Bank Limited (ETB or Equitorial Bank) was a major player in the consumer lending market segment and telecommunications sector. It was incorporated on January 30, 1990 as a limited liability company. In 2006, ETB merged with the Devcom Bank. Equitorial Bank was one of the 10 banks bailed out by the Central Bank of Nigeria (CBN) in 2009. As of June 2011, ETB had approximately 100 branch locations across Nigeria.

In October 2011, Equitorial Trust Bank was acquired by Sterling Bank Plc, a major financial services provider offering a wide range of services to individuals, businesses, non-profit organizations and government-affiliated agencies. Sterling completed its transition to a financial holding company structure in 2023. Its shares were quoted on the Nigerian Exchange until 6 April 2023, it re-registered as a private limited company in May 2023, and it now operates as Sterling Bank Limited, wholly owned by Sterling Financial Holdings Company Plc alongside The Alternative Bank Limited.

Head Office address:
Sterling Towers, 20 Marina
Lagos, Nigeria
Phone number: 01- 4484 4815
Website: www.sterling.ng