Jaiz Bank Plc, Nigeria’s non-interest pioneer bank, has released its unaudited financial results for the half year ended 30 June this year to the Nigerian Exchange Group (NGX), which indicated that that it recorded a 27.6% increase in Profit After Tax (PAT) to N2.54 billion, up from N1.99 billion declared in the corresponding of 2021.
The financial results also reflected that the bank’s total income increased by 17.8% during the review period to N10.44 billion, from N8.86 billion for half year 2021.
Also, the bank’s earnings per share increased by 8.25% during the period under review, from 6.78 kobo in half year 2021 to 7.34 kobo at the end of half year 2022.
Speaking on the bank’s performance during the period under review, the bank’s Managing Director/CEO, Mr. Hassan Usman, maintained that the non-interest lender remained committed to providing value creating ethical banking services to its growing customer base.
He assured the bank’s shareholders and the public that the bank was positioned to continue its remarkable earnings streak for the remainder of the year, by leveraging on technology and extending its touch points across the country.
