Jaiz Bank to commence disbursement of $20m SMEs fund

The Managing Director, Jaiz Bank Plc, Hassan Usman has said the bank would soon begin the disbursement of the $20 million facility for operators in the Small and Medium Enterprises sector of the economy. He said this on Thursday in Abuja during a chat with journalists. The bank had in March signed the agreement with […]

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Jaiz Bank assures on sustainable growth

Jaiz Bank Plc board of directors has assured that the bank would continue to improve on its performance as the pioneer non-interest bank expands its operations. At the Annual General Meeting (AGM) at the weekend in Abuja, its Chairman, Dr. Umaru Abdul Mutallab said the bank was able to attain the feat last year because […]

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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, […]

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Jaiz Bank seals ₦6.1bn pact with IDB for financing of SMEs

Jaiz Bank Plc on Tuesday entered into a financing pact with the Islamic Corporation for the Development of Private Sector to finance the Small and Medium-sized Enterprises with ₦6.1bn ($20m). The ICDP is an arm of the Islamic Development Bank. The amount would be provided to the SMEs in key sectors of the economy such […]

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Jaiz Bank’s Director solicit for more Sukuk bonds

Managing Director, Jaiz Bank Plc, Mr Hassan Usman, has advised the Federal Government to devise a regular Sukuk issuance programme to secure much-needed capital to boost infrastructural development and end the menace of abandoned projects. The Federal Government recently successfully floated its first sovereign Sukuk bond, raising ₦105 billion, ₦5 billion over-subscription on the initial […]

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