Jaiz targets Enugu, Oweri, Onisha, Aba as Nigerians accepts non-interest banking – MD

The operations and branches of Jaiz bank now cut across different parts of Nigeria, an indication that more Nigerians are accepting the concept of non-interest banking, says the Managing Director of Jaiz bank, Alhaji Hassan Usman.


Speaking at the commissioning of Jaiz Training School, In Zaria Usman said the bank now has branches in Port-Harcourt, Ibadan, Ilorin and Lagos, aside the ones in other parts of Nigeria.

He added; “In fact, in Lagos alone, we have four branches and we are planning to venture into the eastern region. We are targeting Enugu, Oweri, Onisha and Aba. We are duly licensed to be a national bank and we are listed in the Nigerian Stock Exchange as a tier one commercial bank.

“Our goal is to be the leading non-interest bank not only in Nigeria but in the whole of sub-Saharan Africa. We want to lead in this model of banking in the whole of African continent and we are aspiring to be one of the top 10 banks in Nigeria.”

He said the training school was named after the Chairman of Jaiz bank, Alhaji Umar Mutallab, who donated the facility to assist the bank train its staff to be able to stand modern challenges.

Represented by the Deputy Managing Director, Alhaji Mahe Abubakar, Usman said the training school becomes an important factor in achieving the goals of the bank.

He said the school is the only Islamic Banking Training School in Nigeria where it would take up with 30 trainees and subsequently all members of the bank’s staff would be trained.

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