• Monday, December 04, 2023
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Jaiz Bank reiterates commitment to Ethical Banking Services


Jaiz Bank PLC has reiterated a firm commitment to the provision of ethical banking services to its customers.

The bank made a big presence at the just ended 34th Kaduna International Trade Fair, where it unveiled its array of value adding products and services which it said are available to all irrespective of race or religion.

Key amongst the areas being financed by the bank are the Agricultural Sector, Small and Medium Scale Industries and Home Finance.

Other products offered by the bank are Jaiz Home Finance, Jaiz Auto Finance, Jaiz Home Appliances Finance, Lease Finance as well as Working Capital and Asset Acquisition Finance.

Speaking at the bank’s Special Day at the fair, Hassan Usman, General Manager, Business Development, reiterated the fact the bank is built on strong fundamental principles of high ethics, fairness, objectivity and transparency.

He stated that the bank was at the fair to enlighten its customers and prospects about its product and services and also, to debunk the notion that these are for muslims only.

According to him, ‘Jaiz offers financing products and services like other conventional banks except of course, these are devoid of interest. Our services are available to all irrespective of race or religion. It is about building partnership for mutual interest”. He emphasized.

Asked about the branch expansion plan, he stated that the Bank has branches in Abuja, Kano, Kaduna, Maiduguri and Gombe with additional 10 branches to be opened across the northern part of the country before the end of this quarter.

“Our plan is to expand to 25 before the end of the year”.

He also indicated that work is in progress to upgrade to a national license which will allow the bank to have branches in all the States of the Federation.

Jaiz Bank commenced operation as the first full-fledged Non-Interest Islamic Bank in Nigeria on January 6, 2012 with a share capital of N5Billion. This has grown to over N11Billion.