Jaiz Bank repositions operations, unveils 5-year plan

Jaiz Bank Plc says it will reposition its operations under a five-year strategic plan.

The Managing Director, Hassan Usman, said this during the inauguration of the lender’s training centre in Zaria.

The centre is expected to provide manpower training on non-interest banking and finance

In a statement by the bank, Usman said the strategic plan, which covers the 2018 to 2022 period, would transform the bank into a major player in the banking industry.

He said, “As a bank with focus, our transformational strategies cut across projects for which we have engaged various consultants, some of these projects are at the closing stage, while some others are just kick starting.”

He listed some of the projects the bank was working on to improve its operations as Internet banking platform, which is expected to be rolled out to customers soon; reopening of Jaiz MasterCard to customers intending to do foreign transactions; and the upgrade of the bank’s information technology infrastructure.

Others are introduction of new versions of banking applications and the deployment of a robust credit facility solution to facilitate a seamless, automated, and swift credit process for both the retail and corporate banking customers.

According to the managing director, the bank is also planning to introduce agency banking model, and commence aggressive drive of financial Inclusion programmes.

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