Jaiz Bank Plc, says in that in the 10 years of its existence, it has grown its balance sheet from N12 billion in 2011 to N300 billion in 2021.
Within the same period, the bank witnessed rapid branch expansion from three to 45 branches spread across the country today. Managing Director/ CEO of Jaiz Bank, Mallam Hassan Usman stated this at a media parley in Abuja on the ten years anniversary of the bank.
Usman while recalling the initial scepticism and fear of Islamization that heralded the concept of non interest banking pioneered by the bank 10 years ago said the concept has now been embraced by Nigerians of different creeds and faith. “Ten years has passed just like yesterday. The young institution has started to grow and we’re happy that we as the Pioneers have proved that the concept is workable even in the Nigerian environment”.