Akeredolu commissions Jaiz Bank in Akure, pleads patronage

March 15, 2022 David Agba Abuja 0

The Ondo State Governor, His Excellency, Arakunrin Rotimi Akeredolu, SAN, Tuesday, commissioned Jaiz Bank Branch in Akure, urging everyone to patronise the Bank as it’s meant for both Muslims and non-Muslims. The governor said: “The Bank is not for Muslims alone. I am not a Muslim. In fact, I am the Chancellor of my own church and I am going Read More

Jaiz Bank posts N4.21bn profit in 2021 unaudited results

February 8, 2022 David Agba 0

Jaiz Bank Plc, the premier non-interest bank in Nigeria has released its unaudited financial results for the period ended 31 December 2021. The results as released to the Nigerian Exchange Group, showed a 37.17% growth in Profit Before Tax (PBT), from N3.07 billion in December 2020 to N4.21 billion in December 2021. The Bank also declared a 31.76% increase in Read More

ICD, Jaiz Bank sign $25m deal to support SMEs in Nigeria

September 8, 2021 Blueprint 0

The Chief Executive Officer (CEO) of the Islamic Corporation for Development (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, Ayman Sejiny, and the Managing Director and CEO of Jaiz Bank-Nigeria, Hassan Usman, signed a $25 million Shariah-compliant line of financing agreement to support SMEs in Nigeria, including those adversely affected by the COVID-19 outbreak. Out of Read More

Jaiz Bank gets $25m SMSEs financing support from Islamic Corp

September 6, 2021 Benjamin Umuteme 0

Jaiz Bank Plc gets a $25 million shariah-compliant line of financing (LOF) from Islamic Corporation for the Development (IsDB) of the private sector to support small and medium scale enterprises in Nigeria, the group said in a statement today. According to the statement, Ayman Sejiny, the Chief Executive of the Islamic Corporation for the Development of the Private Sector (ICD), Read More

Jaiz Bank charges staff on vision, philosophy

August 30, 2021 David Agba 0

Nigeria’s premier non- interest banking- Jaiz Bank Plc has enjoined its employees not to deviate from vision and philosophy of the bank. The vision, philosophy of the bank are premised on delivering world-class sharia-compliant financial services to its clientele irrespective of class, creed, race or religious belief; and to contribute to the socio-economic development of the society. Its Managing Director/ Read More

Jaiz Bank grows half year profit by over 70%

August 4, 2021 David Agba 0

Financial results of Jaiz Bank Plc for the second quarter ended 30th June 2021 was released to the Nigerian Stock Exchange, showing a 70.6% growth in Profit After Tax (PAT), from N1.17 billion declared in June 2020 to N1.99 billion at the end of June 2021. The Bank’s Total Income for the period under review grew by 42.1% from N6.23 Read More

Jaiz Bank commissions Dutse branch

July 12, 2021 Muhammad Aliyu 0

Management of Jaiz Bank plc over the weekend commissioned its first branch in Dutse, the Jigawa state capital. Managing Director of the bank, Mallam Hassan Usman announced this in a radio Jigawa special phone in programme. He said with this development, the bank now has 40 branches nationwide with about one million customers. Mallam Hassan Usman said Jaiz Bank has Read More