Go Live at Sterling Bank

9 June 2017

Pleased to announce the successful Go Live at STERLING BANK of the ACP Full Corporate Portfolio Credit Processing & Management with tailored transaction-level real time Authority, Group & Concentration Checking; end-end Collateral management; dynamic NPL Provisioning and Recovery; Core Banking Data Drill-Down reporting.

Sterling signed up with axefinance in 2014 for a complete Retail side solution which went live in December 2016. In 2015 Sterling proceeded to replace their CBS, upon completion of their Phase 1 core upgrade we started work on the Corporate side delivery in December 2016

Sterling Bank Plc “the one-customer bank” is a full-service national commercial bank in Nigeria. In over 50 years of operations, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank; and completed a merger with 4 other banks – Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank and Trust Bank of Africa – as part of the 2006 consolidation of the Nigerian banking industry.
The Banker Africa has given Sterling awards as 2015's Most Innovative Bank in West Africa as well as the Best Corporate Governance Bank

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