Jaiz Bank commits to financing MSMEs

Jaiz Bank Plc, the premier non-interest bank in Nigeria says it is committed to financing Micro, Small and Medium scale Enterprising (MSME) in the country.

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

Speaking during Jaiz Bank Day at the Trade Fair, Dr. Nuruddeen said the Bank has made available bouquets of MSME’s financing and e-Banking products to delight both customers and prospects which are aimed to help grow their businesses and ease banking transactions.

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

He said: “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.”

Dr. Nuruddeen 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 is 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.

Also speaking at the occasion was the Bank’s Non-Executive Director, Alhaji Mukthar Sani Hanga, who provided insights into the growth and progress of the bank since it commenced operations in 2012.