Is­lamic bank to be launched in Nige­ria

The Pak Banker - - Company& -

ABUJA: Nige­rian Jaiz In­ter­na­tional PLC is work­ing to launch its bank­ing op­er­a­tion by Au­gust 2011with tech­ni­cal sup­port from the Is­lami Bank Bangladesh Limited (IBBL), a top Jaiz ex­ec­u­tive said in Dhaka on Sun­day. "We'll hire four to five se­nior of­fi­cials from the IBBL in line with the Is­lamic Devel­op­ment Bank's ad­vice," Chief Ex­ec­u­tive Of­fi­cer (CEO) and Man­ag­ing Di­rec­tor of the pro­posed Jaiz Bank Mo­ham­mad Mustapha Bin­tube told the FE in an ex­clu­sive in­ter­view. An agree­ment on tech­ni­cal ser­vices was signed be­tween the IBBL and Jaiz Bank in cap­i­tal Fri­day in this con­nec­tion. -PB News

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