MOA Signing Between Sterling Bank of Asia and Santos Land Development Corp

Sterling Bank of Asia signed a Memorandum of Agreement (MOA) with Santos Land Development Corporation (SLDC) to expand its home loan offering to its current and prospective clients in Davao. The MOA signing held at The Ivory Residences marks the official partnership of SBA and SLDC.

SBA’s First Vice President for Vismin Consumer Lending, Ms. Leila Amante, and Senior Vice President for Consumer Lending Group, Ms. Mary Rose Mendez, together with SLDC’s Chairman, Ms. Nora Morada, and Chief Finance Officer, Ms. Maria Lourdes Estanislao, forged the agreement.

“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 latest addition to the existing home loan offering of Sterling Bank of Asia under the SLDC projects. The 18-story residential condominium stands steps away from malls, hospitals, schools, and public offices, making it an excellent choice for local business people, professionals, and foreigners. The property features a limited number of private homes with some of the most spacious floor plans in Davao City. 

For more home loan offers and information, visit the nearest Sterling Bank of Asia branches near you or check


Sterling Bank of Asia Inks Partnership with Damosa Land Inc.

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.