SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!
07007730000 [email protected]
  • About Us
  • Press Release
  • Investor Relations
  • Kids Can Code Program
  • Blog

Jaiz Bank Plc

  • Home
  • About Jaiz
    • About Us
    • Our Vision & Mission
    • Our Core Values
    • Vision and Values
    • Islamic Banking
    • Board Of Directors
    • Advisory Committee Of Experts
    • Management Team
    • Awards and Recognitions
  • Product & Services
    • Personal Banking
      • Current Account (Qard)
      • Savings account (Mudarabah)
      • Jaiz Kids Account (Mudarabah)
      • Jaiz Premium Savings Account (JAPSA)
      • Domiciliary Account
      • e-Channels
    • Corporate Banking
      • Jaiz Wakala Investment
      • Jaiz Auto Finance (Murabaha)
      • Jaiz Household Appliances Finance (Murabaha)
      • Ijara Service
      • Jaiz General Consumer Finance (Murabaha)
      • Jaiz Home Finance (Ijara wa Iqtina)
      • Agent Banking
    • Agricultural Finance
      • Agricultural Finance
      • Real Sector Finance-Differentiated Cash Reserve Requirement (RSSF-DCRR)
    • MSMES Financing
      • Jaiz Bank MSMES Financing
      • Working Capital Financing (Murabaha)
      • Project Financing/Construction (Istisna’)
      • Lease to Own (Ijara wa Iqtina Corporate) Finance
      • Jaiz Ijara Service Corporate
      • Equity-based Finance (Musharaka)
      • Bonds and Guarantee (Wakala/Kafala)
    • Trade Finance
      • Import Finance (Murabaha)
      • Export Finance (Murabaha)
    • Special Support Facility
      • Special Agricultural Support Scheme
      • Special MSME Support Facility
      • Special Target Support Facility
  • eBusiness
    • eNaira
    • JaizOnline
    • JaizMobile
    • Point Of Sale (POS)
    • JaizPay
    • Jaiz Just Top-Up
    • Automated Teller Machines (ATMs)
    • Jaiz Notification System (Jaiz Alert)
    • MasterCard
    • Verve Cards
  • Investor Relations
    • Annual Report and Accounts
    • Unaudited Account
    • Audited Report
    • Rights Issue
    • Proxy form
    • Notice of Annual General Meeting
    • Others
    • Impact of COVID-19 to our Business Operations
  • Media/Publications
    • Gallery
    • Press Release
    • Download
  • Contact Us
    • Corporate Contact
    • Branch Locator
    • ATM Locator
    • Agency Banking Network Locator
    • FAQ
    • Whistle Blower
    • Communication Policy
    • Privacy Policy
  • Complaints & Enquiries
iBanking

JAIZ BANK POSTS N4.37BN PROFIT IN 2021

by Jaiz Bank / Thursday, 21 April 2022 / Published in Press Release
JAPSA Term Deposit Account (Mudarabah)

Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its audited financial results for the period ended 31 December 2021. The results as released to the Nigerian Exchange Group, showed a 43% growth in Profit Before Tax from N3.07billion in December 2020 to N4.37 billion in December 2021. This is on the backdrop of an increase of 31.76% in Gross Income from N19.61 billion realized in 2020 to N25.84 billion in 2021.

Similarly, the Bank’s Total Asset grew by 19.55% from N233.60 billion to N279.28 billion while Shareholders’ Funds for the period grew by 36.20%, from N17.85 billion to N24.31 billion.

Earnings per share for the period increased by 40.10% from 9.85 kobo in 2020 to 13.80 kobo in 2021.

In the last couple of years, Jaiz Bank has consistently delivered remarkable results, which clearly reaffirms its continuous growth trajectory as one of the most profitable banks in Nigeria.

Speaking on the results, the Managing Director/CEO, Mr. Hassan Usman attributed the achievements to the Bank's expansion progamme, prudence and to a strong commitment to excellence service delivery to our growing customer base.

Mr. Usman congratulates the Board, Management and staff on these achievements, acknowledging the staff for their hard work, customers, for loyalty and patronage and continued support from shareholders.

He said the Bank’s growth strategy focuses on the real sector of the economy, especially agriculture, Small and Medium Enterprises (SMEs) and financial inclusion.
He said the Bank continues the digitalization of its services and interactions to exceed customer expectations and foster operational efficiency.

Mr. Usman said: “We shall continue to develop new customers, new markets and new products for both our physical and virtual channels. We remain committed to
continuously up-scale our governance mechanism to meet best practice and regulatory requirements.”

About Jaiz Bank

What you can read next

Abridged 1st Quarter March
JAIZ BANK DECLARES N979.17 MILLION PROFIT FOR Q1, 2021
JAIZ, KOGI PARTNER TO EMPOWER WOMEN, FARMERS, ARTISANS, TRADERS
Jaiz Bank’s Deposit Base Hits Over N60bn

Search

Recent Posts

  • Relocation Notice

    JAIZ BANK RELOCATES HEAD OFFICE

    Jaiz Bank Plc, Nigeria’s leading non-inte...
  • AGM 2022

    JAIZ BANK UPS GROSS INCOME BY 26%

    Jaiz Bank’s profit rose more than 14% in the th...
  • SALISU-SIRAJO-PhD-MD

    Jaiz Bank appoints Dr. Sirajo Salisu as Managing Director/CEO

    Jaiz Bank Plc. the pioneer Non-Interest Bank in...
  • Jaiz Bank increases its half-year profit by more than 27%

    Jaiz Bank increases its half-year profit by more than 27%

    Jaiz Bank Plc&’s unaudited financial ...
  • Jaiz bank management

    JAIZ BANK GROWS HALF YEAR PROFIT BY OVER 71%

    Financial results of Jaiz Bank Plc for the seco...

Helpful Links

  • Online Account Opening
  • Account Opening Form
  • Jaiz Kids Savings Account
  • Jaiz Auto Ijara
  • Jaiz Premium Savings Account
  • Jaiz Salary Current Account
  • Jaiz Investment Account

About Jaiz Bank PLC

Jaiz Bank PLC is a national bank and a quoted public company owned by over 26,000 shareholders spread over the six geo-political zones of Nigeria.The Bank’s balance sheet has grown from N12 billion in 2012 to about N233 billion with asset financing of over N166 billion (as at December 31st, 2020).

Relevant Links

  • About Jaiz Bank
  • Our Core Values
  • Board of Directors
  • Our Vision And Mission
  • Management Team
  • Gallery
  • Press Release
  • Blog

Our Products

  • Online Account Opening
  • Account Opening Form
  • Jaiz Kids Savings Account
  • Jaiz Auto Ijara
  • Jaiz Premium Savings Account
  • Jaiz Salary Current Account
  • Jaiz Investment Account

Get in Touch

  • Online Account Opening
  • Branch Locator
  • Contact Us
  • Careers
  • Download
  • FAQ
  • Whistle Blower
  • Privacy Policy

Contact Information

  • Address: Jaiz Bank House, Plot 1073 J.S. Tarka Street, Area 3, Garki Abuja. P.M.B 31 Garki, Abuja, Nigeria.
  • Phone: 07007730000
  • Working Days/Hours: Mon - Fri / 8:00 AM - 4:00 PM

© 2022 Jaiz Bank Plc. All Rights Reserved.

TOP
This website uses cookies to provide the most relevant information to you. By continuing to browse the website, you are agreeing to use our site cookies. Read our policy.
ACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT