Saturday, July 13, 2024

Sterling Bank of Asia Inks Partnership with Damosa Land Inc.

Sterling Bank of Asia Inks Partnership with Damosa Land Inc.

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Sterling Bank of Asia (SBA) signed a partnership with Damosa Land Inc. (DLI). In photo (L-R): SBA FVP – Vismin Consumer Lending Head Leila Amante, SBA SVP – Consumer Lending Group Head Mary Rose Mendez, DLI AVP – Township and Tourism Macy Bibat, DLI AVP – Finance Virgmarie Bacalso, and DLI AVP – Residential Operations Danilo Manlangit.

Sterling Bank of Asia (SBA), one of the leading thrift banks in the country, inks a partnership with Damosa Land Inc. (DLI), a member of the ANFLO Group of Companies, to provide financing for credit-worthy buyers of its residential and condominium units.

“We are happy to partner with the leading and one of the region’s trusted developers, Damosa Land Inc.,” said Leila Amante, SBA’s First Vice President for Vismin Consumer Lending. “We are in one goal with DLI in giving access to eco-friendly housing and support uplifting the lives of our fellow Davaoeños,” Ms. Amante added.

Under the MOA, Sterling Bank of Asia will grant housing loans to qualified borrowers through its retail mortgage financing program specifically for Ameria and Seawind Condominium projects.

“At Damosa Land, we have always wanted to give our clients as many options for financing assistance as possible. So we welcome this recent move as an opportunity to help them get their dream home with us,” said Ricardo F. Lagdameo, President of Damosa Land Inc.

DLI’s Ameria project is an award-winning and the first premier subdivision in Davao del Norte. Aside from its strategic location, it boasts of generous lot offerings and open spaces, encouraging future residents to bring farming into their backyards.

On the other hand, Seawind Condominium is the perfect choice for startup families or single professionals who delight in waking up to a resort-like environment in the heart of Davao City’s next growth area. It offers a spectacular view of the Davao Gulf and boasts of one of the most open living spaces in the real estate market.

“We are looking forward to making more strategic partnerships and extending easily accessible, value-adding loan services in the region,” said Ms. Amante.

For more information about the recent offerings and services of Sterling Bank of Asia, visit the nearest SBA branch near you or check out

About Damosa Land
Damosa Land, Inc. (DLI) is a premier real estate and agro-industrial developer in Davao, the property development arm of the ANFLOCOR Group, which has been at the forefront of development in Mindanao.

DLI continues to evolve into a company with intense pursuits of achieving valuable innovations in the real estate industry. Powered by an inspired, dynamic and proactive organization, Damosa Land, Inc. assures Mindanao of enhanced real estate experiences for years to come.