Sterling Bank Backpadel From Buying Keysone Bank

Sterling Bank Plc is reported to have turned down its planned talks to buy Keystone Bank Limited from the Asset Management Corporation of Nigeria (AMCON).According to Thisday Newspaper, the Chief Financial Officer (CFO) of the bank Abubakar Suleiman explained that Keystone Bank was “an unsuitable fit Sterling Bank via this same CFO had earlier in the year announced to the world that the bank was looking to buy “one or two” mid-sized banks aided by the devaluation of the Naira. Read more