Sterling Bank delists from NGX, transfers shares to Sterling Financial Holdings

Sterling Bank has delisted its shares from the Nigerian Exchange Limited (NGX), transferring the shares to Sterling Financial Holdings Company, which has now been listed on the stock market.

According to reports on Friday, Sterling Bank restructured into a Holding Company on Thursday and was delisted to become one of the subsidiaries of Sterling Financial Holdings Company.

Ripples Nigeria previously reported that the capital market authority suspended trading on Sterling Bank amid the restructuring process.