THISDAY

Industrial­ist Lauds Sterling Bank

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The Chairman/Chief Executive of The Bazaar Limited, a growing player in the retail outlet and food chain business in Nigeria, Mr. Rajesh Mehta, has commended Sterling Bank Plc for its contributi­on to the economic growth of the country through the provision of adequate capital for its customers across the value chain in all the sectors of the economy.

A statement quoted Mehta, to have made the remark at the opening of The Bazaar Retail Store outlet in Ogba, Lagos at the weekend. He also indicated that the provision of capital and other advisory services by the enhanced the growth of his business.

“Sterling Bank is indeed a bank of choice. We have been banking with the bank for the past 20 years. We started with one of its legacy institutio­ns-Magnum Trust Bank and we have come this far because of the quality of banking services we enjoy from the bank. Apart from the provision of capital, the advisory services provided by the bank stand out in the industry and its staff are adequately trained to support the business growth of their customers,” he said.

According to the Euromonito­r Internatio­nal, a leading independen­t provider of strategic market research globally, Nigeria’s retail business has become more organised in recent years. The huge demand posed by the population of the country has made the country a hotbed for internatio­nal retailers and investors. It is expected that this trend would be replicated across the various sectors of the economy.

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