TAJBank Limited, Nigeria’s fast-growing non-interest banking services provider, on Thursday opened a new branch in Apapa, Lagos in furtherance of its current drive to provide seamless financial transactions and advisory services for its growing customer-base.
It would be recalled that the bank secured its national banking license from the Central Bank of Nigeria (CBN) about six months ago and the opening of the Apapa branch is part of the board and management’s initiatives to open new branches within the next few months across the geo-political zones in the country.
Speaking at the opening ceremony, TAJBank’s Founder/Managing Director, Mr. Hamid Joda, said Apapa was targeted for the commencement of the bank’s branch network expansion in the South West region because of the strategic position in the nation’s business operations and the need to offer customers real-time, technology-powered world class services.
He said: “We are very excited to begin the deepening of our non-interest and customer-focused products and services in Apapa, Lagos as we commence the expansion of our services across the geo-political zones of the country.
“This is a mega branch based on the investments in technologies and solutions and the quality of human resource we are putting in place here and we intend to put in other branches we are opening very soon because we intend to offer what other banks are not offering in terms of value-addition to our customers.
“With this move, we want to assure Nigerians and other residents and businesses in our country that TAJBank’s only interest is our customers and in line with our business philosophy, we shall continue to offer them products and services that surpass their expectations in the years ahead.”
In his remarks, the bank’s Executive Director, Mr. Sherif Idi, recalled that the sterling performance of the non-interest lender was recognized both in Nigeria and internationally given “the awards from Business Day and Leadership newspapers and other global rating agencies to TAJBank in recognition of our world-class operational standards and service quality.”
In his remarks during the new branch opening event, the Managing Director/CEO of IAL Nigeria Limited who shares in the vision and business philosophy of TAJBank, Alhaji Ismail Adetola Lawal, commended the Board and management of the Non-interest Bank for opening the Apapa branch for the benefit of business owners and the Nigerian economy.
He said “My prayer for TAJBank limited is that the Almighty God will continue to build the Bank and make it the preferred choice for millions of Nigerians that are looking for interest free banking products and services. I want to assure them that TAJBank will not disappoint them but surpass their expectations.”
TAJBank, CEO win global Islamic banking awards 2023
…..attest to bank’s rising reputation globally
In recognition of increasingly soaring brand reputation due to its world-class services both locally and internationally, TAJBank Limited, Nigeria’s fastest-growing non-interest banking services provider, has won the Global Islamic Finance Award (GIFA) 2023 for its ‘Best Sukuk Deal of the Year 2023’, beating scores of other nominees in the competition.
This is even as the bank’s CEO/Founder, Mr. Hamid Joda, was also decorated with the ‘Most Promising CEO of the Year 2023’ insignia by the GIFA’s Awards Committee at the event held in Senegal, and witnessed by the country’s President, His Excellency Macky Sall, and other global leaders and bankers.
Over the years, GIFA has recognized over 500 governments, individuals, and institutions, commending their significant contributions to the USD 4 trillion Islamic finance industry.
In his remarks, the bank’s CEO thanked the GIFA leadership for the global recognition, saying “we are very grateful to the award organizers for recognition of the bank and my humble self for the GIFA 2023.
“As we keep saying, these awards and several others TAJBank had received in the past three years will further encourage us to do more in surpassing the expectations of our growing customers in terms of quality products and services delivery for invaluable value-addition to them and their businesses”, Joda assured.
Also commenting on the GIFA 2023 awards, the non-interest lender’s Executive Director/Co-Founder, Mr. Sherif Idi, thanked “the customers for their increasing confidence in TAJBank to offer them superior products and services with, in some cases, personalized touches to confirm to them that our only interest is the customers.”
It would be recalled that the listing of TAJBank’s N10 billion Sukuk bond on February 13 this year on the Nigerian Exchange Group (NGX) enjoyed an unprecedented support from investors, recording over 30% oversubscription.
Joda, had during the beating of the Gong’ formalizing the listing of the bond on the Exchange, assured subscribers to the debt instrument its invaluable benefits, particularly its potential for good returns on their investments.
The GIFA Chairman, Professor Humayon Dar; commended the winners for their hard work, persistence, and innovative strategies to still be able to make giant strides even in the economy they operate in.
The selection of winners for the 2023 competition by the GIFA was conducted by the GIFA with support from the Cambridge IFA, a financial services intelligence house which specializes in developing and utilizing powerful cutting-edge analytical tools to test business data, assess macroeconomic indicators and understand market trends, leadership positioning and brand development relevant to the development of the financial systems
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