The attention of Jaiz Bank Plc has been drawn to headlines in some sections of the media particularly social media platforms insinuating that some banks’ MDs including that of Jaiz have been arrested by the Economic and Financial Crimes Commission (EFCC). The Bank would like to place on record that yesterday Jaiz Bank at the
The Board of Jaiz Bank Plc, has approved the appointment of a seasoned banker, Haruna Musa, as the Managing Director/ Chief Executive Officer of the Bank. Haruna’s appointment takes effect following the receipt of the approval of the Central Bank of Nigeria (CBN) on the 21st November, 2023. Jaiz Bank’s new MD/CEO’s cognate experience in the
Jaiz Bank Plc, Nigeria’s pioneer non-interest Bank, has announced its unaudited results for the six months ended June 30, 2023 with a Profit After Tax (PAT) of N3.9 billion. In a statement released to the Press yesterday, the Bank declared that it had recorded a 51. per cent increase in its PAT when compared with
The Board of Jaiz Bank Plc, Nigeria’s pioneer Non-Interest Bank has approved the appointment of Ahmed Alhaji Hassan as the Ag. Managing Director and Chief Executive Officer (MD/CEO) of the Bank. This development followed the exit of Dr. Salisu Sirajo, the Bank’s former MD/CEO who resigned his appointment and proceeded on a terminal leave. Until
Jaiz Bank Plc, Nigeria’s pioneer non-interest Bank, has declared a double-digit growths across all performance indices in the first quarter of the (Q1) 2023 business year. In a statement released to the Press yesterday, the Bank declared in an unaudited profit results, that it had recorded 44.55 per cent profit growth in its pre and
Jaiz Bank Plc has released its unaudited results for the twelve months ended December 31, 2022 to the Nigerian Exchange Group. The result showed a significant increase in Profit Before Tax (PBT) by 52.63% from N4.37billion in December 2021 to N6.67billion in December 2022. The Bank also declared a 29.35% increase in Gross earnings, from
Jaiz Bank Plc, Nigeria’s leading non-interest bank, has moved its head office to Jaiz Bank House; Plot 1073 J.S Tarka Street, Area 3, Garki, Abuja. The movement coincides with the Bank’s tenth anniversary, which began operations in 2012 with three branches in Abuja, Kano, and Kaduna. The bank now operates 46 branches in Nigeria. The
Jaiz Bank’s profit rose more than 14% in the third quarter of the financial year 2022, according to its latest regulatory filing on the Nigerian Exchange (NGX). The strong bottom line was supported by healthy income from financing contracts which printed at N15.62 billion, about 46.12 % above N10.69 billion reported in the comparable period
Jaiz Bank Plc. the pioneer Non-Interest Bank in Nigeria announces the appointment of Dr. Sirajo Salisu as its Managing Director/Chief Executive Officer. A Certified Risk Manager, Sirajo will succeed Malam Hassan Usman who is retiring as the MD/CEO of the Bank. His appointment takes effect from October 16, 2022. Until his appointment, Dr. Sirajo held
Jaiz Bank Plc&’s unaudited financial results for the second quarter ended 30 June 2022 were released to the Nigerian Exchange Group (NGX), revealing a 27.6% increase in Profit After Tax (PAT) from N1.99 billion declared in June 2021, to N2.54 billion at the end of June 2022. Given the performance, the Bank’s total income increased