Sterling Bank of Asia Grants Php 370 Million Credit Facility to Skyro

Sterling Bank of Asia and Skyro solidified their partnership by signing a Memorandum of Agreement (MOA) for a ₱370 million credit facility. This strategic collaboration aims to contribute to economic growth and financial inclusivity in the Philippines.

Standing (L to R): SBA Marketing Assistant Ms. Patricia Cabas, SBA Relationship Manager Ms. Jessa Mahinay, Skyro Head of Funding Ms. Victoria Tupaz, and Skyro Treasurer Mr. Vicente Dela Cruz.

Sterling Bank of Asia Receives BNY Mellon Straight-through Processing Award 2022

L-R: Luisito Mayor, SBA Operations Group Head & Senior Vice President; Felisa Alcala, SBA Business Support Services Head & Vice President; Cecilio San Pedro, SBA President & CEO; Jun Cristobal, BNY Mellon Senior Vice President, Global Client Support, Treasury Services, Client Implementation and Philippines Market Manager; Cedric Chong, BNY Mellon Relationship Manager, Treasury Services; and Christopher Rocero, SBA Trade  Services and Remittance Head

Sterling Bank of Asia (SBA) has once again received the Straight-Through Processing (STP) Award from The Bank of New York Mellon for its exceptional payment formatting performance in 2022. The award has been consistently granted to the bank for five consecutive years. It is a recognition of SBA's commitment to excellence, and its ability to execute payment formatting performance for MT103/MT202 payments with accuracy and speed in financial operations.