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JAIZ Bank Restates Commitment To MSMEs’ Financing

Jaiz Bank Plc, Nigeria’s premier non-interest lender, has restated its commitment to Micro, Small and Medium scale Enterprising (MSME) financing as a key component of its financial intermediation roles to grow the nation’s industrial sector.

The Bank’s Regional Manager (Northwest) Dr. Nuruddeen Liman Ahmed, gave the assurance during Jaiz Bank Day at the ongoing Kano State International Trade Fair, organized by the Kano Chamber of Commerce, Industry and Agriculture (KACCIMA).

Nuruddeen said the bank had made available bouquets of MSME’s financing and e-Banking products to delight its customers and prospective ones with a view to helping grow their businesses and ease banking transactions.

He said Jaiz Bank recognized the roles that MSMEs play in empowering individuals and growing the economy at large and therefore decided to focus on financing the sub-sector.

The banker clarified: “Our products are available to small business operators, such as artisans, farmers, women in business etc, to help grow their businesses in line with our mission of Making Life Better Through Ethical Finance, for everybody.

“Aside the marketing of our MSME products, we are at the trade fair to create awareness on our e-Banking products such as JaizMobile Plus, Jaiz Internet Banking, Jaiz USSD Code, Jaiz agent banking codenamed Jaiz Oya Oya, etc, which are developed to make banking ease for all”, the banker added.
The Regional Manager also enlightened the participants about the national Hajj Savings Scheme, which Jaiz Bank, in collaboration with the National Hajj Commission of Nigeria (NAHCON), is providing to ease hajj process for all intending Muslim Ummah in the country.

He said the scheme was aimed at making it easier for intending Muslim pilgrims to prepare ahead of time, by making gradual deposits through Jaiz Bank plc, so that they can perform one of the five pillars of Islam, the Hajj, in Mecca, Saudi Arabia.

In his remarks at the forum, Jaiz Bank’s Non-Executive Director, Alhaji Mukthar Sani Hanga, gave insights into the growth and progress of the bank since it commenced operations in 2012.

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