Sterling Bank Plc said it has provided financing to Tristate Healthcare for the procurement of cutting-edge cardiology equipment and for the acquisition of its location in Lekki area of Lagos State.
It said in a statement that the facility was granted in support of Tristate’s ongoing bid to reposition the company’s services as a state-of-the-art healthcare facility.
The Divisional Head, Business Growth and Transaction Banking at Sterling Bank, Obinna Ukachukwu, noted that with intervention, Tristate Healthcare would now be equipped to perform more complex surgeries and expand its roster of healthcare professionals to provide specialised needs of cardiology and other healthcare specialisations in Nigeria.
“With this facility, Tristate Healthcare is now equipped to handle as much as 70 per cent of open-heart surgeries in the country,” Ukachukwu said.
Group Head for Health Finance at Sterling Bank, Ibironke Akinmade, said the bank’s continued investment in the sector of the country would spur even more growth in Nigeria’s healthcare space, and reduce the incidence of medical tourism by Nigerians for complicated procedures, by creating capacity to cater to the nation’s needs with institutions like Tristate Healthcare now equipped to provide care comparable to the best international standards.
“Investments such as these have the capacity to spur even more investments in world-class healthcare facilities in Nigeria, thereby making the country destination for medical tourism within the African region, aid growth of healthcare’s contribution to the Nigerian economy and contribute positively to the country’s foreign exchange earnings,” Akinmade said.
The statement read in part, “With the ongoing partnerships with multiple state governments in Nigeria, Sterling Bank has been actively involved in the ideation and implementation of recent health-related innovations in the country such as drone deliveries for pharmaceuticals, as well as the setup of state wide health insurance schemes to make care accessible to the citizens of Ekiti, Bayelsa, Cross River, Lagos, and Ekiti .
