An agreement is signed between Sterling Bank of Asia and Santos Land Development Corporation

In order to increase the home loan options available to its present and potential customers in Davao, Sterling Bank of Asia inked a Memorandum of Agreement (MOA) with Santos Land Development Corporation (SLDC). The official cooperation between SBA and SLDC was established at the MOA signing at The Ivory Residences.

The deal was negotiated by the Chairman of SLDC, Ms. Nora Morada, and the Chief Finance Officer of SLDC, Ms. Maria Lourdes Estanislao, along with SBA’s First Vice President for Vismin Consumer Lending, Ms. Leila Amante, and Senior Vice President for Consumer Lending Group, Ms. Mary Rose Mendez.

“We are excited about the recent expansion of partnerships in the Davao region,” said Ms. Amante. “ This partnership with SLDC will allow SBA to offer our current and future clients more home ownership options,” she added.

The Ivory Residences is the most recent addition to Sterling Bank of Asia’s current selection of home loans offered for SLDC properties. The 18-story residential condominium is a great option for local professionals, businesspeople, and tourists because it is close to shopping centers, hospitals, schools, and government buildings. A small number of individual homes on the land have some of Davao City’s largest floor designs.

Visit the nearby Sterling Bank of Asia branches or go to for further offers and details on house loans.

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