Sterling Bank of Asia

Sterling Bank is owned and operated by the Surewell and Star Equities group of companies. This group deals with different sectors such as real estate, tourist and hotel properties, financial logistics as well as factories.

The Bank was founded in 2007 with the aim of supporting and growing small and medium-sized companies in Asia.

Sterling Bank has grown over the years and currently ranks fifth among the 67 most reputable deposit savings banks in the entire Asian region.

The bank has more than 47 branches in the Philippines. You can easily visit an office in the main cities of the country if you want to become a client of the bank.

Sterling Bank History

This bank was established through a mandate granted by the Local Government. The main objective of the banking institution has been to develop small businesses throughout the country. It has been a movement closely followed by local authorities and has allowed many young people to start and grow their business to enrich the country.

Through this business growth, new employment opportunities have been created and the growth of GDP in the Philippines has been enhanced.

Through this financial entity you can find different financial products and services that adapt to the different needs of its customers.

Major Sterling Bank Branches and ATMs

Through Sterling Bank you can borrow from PHP 50,000 up to a maximum of PHP 1,000,000, and you can also repay the loan within a period of 12 to 36 months.

The interest rates are quite low, since they do not exceed 1.4% per month. However, the rates will also depend on the terms of the loans that are granted through Sterling Bank.

It is important that you can repay the loan in the time and manner established with the bank to maintain a good credit history. In addition, this will make it easier to access other financial services offered by the bank.

How much money can you borrow from Sterling Bank?

With this bank you can access a loan of up to 1,000,000 PHP that will always be subject to approval by the bank.

What are the requirements to obtain a personal loan from Sterling Bank of Asia?

In order to access a personal loan through this bank, you must meet the following requirements:

• First of all, you must be a Filipino citizen and be a minimum of 21 years old to a maximum of 60 years old.
• Also, you must have a minimum gross salary of PHP 30,000 per month.
• You must not have a bad credit history.
• If you rent, you must have lived in that residence for at least 1 year.
• If you are self-employed, various documents may be required that may vary depending on the bank branch.

How the Sterling Bank Personal Loan Calculator Works

Through this bank you will be able to use the personal loan calculator that will indicate the estimated cost of the loan and the amount of the installment payments. Simply, you must enter the amount of the loan you want to automatically obtain the estimated monthly repayment for the different terms.

Advantages of applying for a loan through Sterling Bank

The advantages of requesting a loan through this bank are the following:

• It is a recognized and prestigious financial institution.
• Offers loans of up to one million PHP.
• The requirements are quite flexible compared with other banks in the area.
• Financial products and services are focused on young entrepreneurs and small businesses.
• The bank has branches in the main cities of the country.

Sterling Bank Disadvantages

A priori, there are not many disadvantages about the bank since it operates with total legality within the country. If it is true that in order to access a personal loan, there are several requirements that must be met. But, the requirements that this bank requires to access a credit offer are minimal compared to other financial or banking entities in the Philippines.

Sterling Bank Reviews

The Filipinos who have trusted the services of this bank are quite satisfied with the customer service offered, the different services and financial products as well as the wide range of loans they offer to their customers.

Sterling Bank Customer Service

If you want to contact Sterling Bank, it is best to go to an office that is close to home. Their customer service through the web can be a bit slow since they have a lot of demand from users. However, you can find the different channels or means of communication through which you can communicate with this company on their website.