Jaiz Financial institution has efficiently listed N10.04 billion from its non-public placement on the Nigerian Alternate Group, NGX, following regulatory approvals from the Central Financial institution of Nigeria, CBN, Securities and Alternate Fee, SEC, and NGX.
This milestone locations Jaiz Financial institution among the many few banks which have already met the CBN’srevised capital necessities, forward of the June 2026 deadline.
The financial institution’s monetary place stays strong, with a well-structured, diversified, and resilient steadiness sheet. Complete property presently stand at ₦1.06 trillion, whereas shareholders’ funds have reached ₦47.9 billion.
Talking on the profitable capital-raising train, the Chief Government Officer, Haruna Musa, acknowledged: “This achievement underscores the dedication of the board and administration to including worth to our prospects by offering bespoke moral finance options.”
“Jaiz Financial institution is well-positioned to compete successfully on all fronts, fulfilling buyer wants by moral and modern financing.
“Regardless of a difficult working atmosphere, we have now demonstrated resilience and achievedremarkable progress throughout monetary and non-financial metrics.
“This positions us firmly on monitor to turning into the main moral financial institution in Africa.”
He additional emphasised the financial institution’s strategic focus, saying: “Wanting forward, we are going to proceed strengthening relationships with our loyal prospects whereas attracting new ones.
By way of our digital platforms, modern merchandise, and companies, we purpose to help people, companies, and communities alike.
Our journey to guide the way forward for moral finance in Africa stays unwavering, as we keep dedicated toexcellence and delivering long-term worth to all stakeholders.”
Jaiz Financial institution’s efficiency metrics spotlight its distinctive progress and operational effectivity. Key monetary ratios embody a Return on Fairness (ROE) of 60.74%, a Return on Property (ROA) of two.18%.
This milestone reinforces Jaiz Financial institution’s place as a frontrunner in moral banking, additional solidifying its dedication to offering modern monetary options whereas driving long-term sustainable progress.
