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Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion - Business - Nairaland

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Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by akelicious(m): 4:07am On Dec 04
Determined to strengthen Nigeria’s economic diversity, Jaiz Bank Plc, is partnering with the Central bank of Nigeria (CBN), to promote financial inclusion especially in the rural communities.

The Managing Director of the bank, Hassan Usman, revealed the strategic plan will include extending micro banking instrument to the rural communities that are not captured in the conventional banking system and financing small scale enterprise.Hassan, who spoke last week at the ongoing Kano International Trade Fair, explained that with capital base now at N15 billion, Jaiz Bank is empowering micro, small, and medium entrepreneurs (MSMEs) to spread economic prosperity in the country.

Usman, who said Nigeria’s economy is a complex mono-product one, commended the CBN for providing various risk management scheme to ensure the productive base of the economy is increased.He said Jaiz Bank has now adopted a strategy of demonstrating its products in the rural areas through agent banking system, where people will be encouraged to access financial banking.

Usman explained that the bank is carrying out effective awareness creation on Islamic financial services through the media and social media for better information and understanding of its banking system.

“Let me commend the CBN’s efforts for deepening Nigeria’s economy, especial for encouraging commercial banks to support various business initiatives, which now boost the economy. Commercial banks through the risk management instrument of CBN can now fund agriculture and other sectors of the economy through loans.

“In Jaiz Bank, we have provided several business opportunities through our customer-friendly products. Even without CBN’s intervention, even when our liquidity remains dormant with the apex bank, we are glad with the introduction of Sukuk and other short-term instruments, the bank is better repositioned for more patronage,” Usman emphasised.

He said the bank, which started as a regional bank with three branches at inception, has now acquired national status with 34 branches across three geopolitical zones in the country, with a projection of expanding to the 36 states before the end of 2018.He explained that presence at the ongoing Kano International Trade Fair, was targeted at increasing the bank’s visibility, and showcase its numerous products to customers.

https://www.akelicious.net/2018/12/jaiz-bank-partners-cbn-to-deepen-rural.html

1 Like

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Damidave1124(m): 5:16am On Dec 04
FTC. grin grin
The guy below me now

















shocked
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by manforgu: 5:16am On Dec 04
STC
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Gillespie1: 5:17am On Dec 04
Is this a bank or a two bedroom flat.
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by dallex10(m): 5:20am On Dec 04
Islamization agenda

5 Likes 1 Share

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Bagu1(m): 5:22am On Dec 04
lol grin
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Bagu1(m): 5:23am On Dec 04
what am I even thinking grin
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Zaikon(m): 5:24am On Dec 04
dallex10:
Islamizatiom agenda

Your brothers are banking with them which implies they have been islamized via businesses.

13 Likes 1 Share

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by desiignerr: 5:24am On Dec 04
ddd
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Ironman3(m): 5:45am On Dec 04
Nigeria GO BETTER ONE DAY
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by kaleam(m): 5:54am On Dec 04
dallex10:
Islamization agenda
Religious fanatic spotted...

5 Likes

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by aking123(m): 6:05am On Dec 04
Abeg make christians come open their own bank, Oyedepo and the rest wey una dey?
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by yrex01(m): 6:12am On Dec 04
dallex10:
Islamization agenda
if u r not capable of getting one at least borrow am (sense)

6 Likes

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by azimibraun: 6:15am On Dec 04
Gillespie1:
Is this a bank or a two bedroom flat.
Rural Banking/ Rural Penetration.

1 Like

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by BabaIbo: 6:25am On Dec 04
Jaiz bank na regional bank, when I dey north, e dey hard me to use their atm, even if it's the closest or free one

1 Like

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by bashir1451(m): 6:32am On Dec 04
Good
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by dingbang(m): 6:43am On Dec 04
Very good.
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Gboy101: 6:54am On Dec 04
this one is Islamic bank. most Nigeria Muslim sees the convention bank as a Christian bank

1 Like

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by Adeoba10(m): 7:41am On Dec 04
[quote author=dallex10 post=73532211]Islamization agenda[/qu ote]
Your ringing tone
Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by yjgm(m): 7:57am On Dec 04
Most of you chanting islamization or an Islamic bank don't know how the bank function that's why. Ask those that are banking with it including the Christians, and you will want to join asap

1 Like

Re: Jaiz Bank Partners CBN To Deepen Rural Financial Inclusion by FriendNG: 11:04am On Dec 04
yjgm:
Most of you chanting islamization or an Islamic bank don't know how the bank function that's why. Ask those that are banking with it including the Christians, and you will want to join asap

The first customer to open account in Ja'iz bank is a Christian.

2 Likes

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