Sterling Bank Promotes Non-interest Banking

In a continuous bid to sensitise members of the public about non-interest banking in the country, Sterling Bank Plc said it has concluded arrangement to organise a one- day lecture themed: “Reducing Poverty and unemployment through Non-interest Banking.”

The event which is slated for the January 15, 2018, would take place in Kano.

This, according to a statement from the bank, would be part of its commitment to further deepen the awareness and public enlightenment of alternative finance or on-Interest Banking ( NIB) in Nigeria.

Speaking on why the bank endeavors to sensitise the public about NIB, the Executive Director, Finance and Strategy, Sterling Bank, Mr Abubakar Suleiman said the bank would continue to intensify efforts to sell the Sterling Alternative Finance offerings to customers and prospects while remaining a reference institution in the area of Non-Interest banking not only in Africa but globally.

The Emir of Kano, Sanusi Lamido Sanusi is expected to attend the lecture as the Royal father of the day while the Governor of Kano State, Dr. Abdulahi Umar Ganduje would be the special guest of honour.

In the same vein, scholars and policy makers on all aspects of non-interest banking would present papers and make valuable contributions to the discourse.

They include Dr. Bashir Aliyu Umar(Secretary Central Bank of Nigeria); Prof. Suleiman Karwai( the Dean of Faculty of Arts and Islamic Studies, Bayero University Kano) Dr. Ahmad Dogarawa of the Accounting Department, Ahmadu Bello University,Zaria; Dr Aliyu Thahir of International Institute of Islamic banking and Finance; Dr Basheer Oshodi( Group Head, NIB, Sterling Bank Plc) and Mr Abdullahi Lamido.

Sterling Bank commenced non-interest banking in 2013 when the CBN granted the bank the licence to operate the window.