Business Day (Nigeria)

Financial inclusion: TAJBANK opens 3 new branches, NANTS lauds drive

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TAjbank, Nigeria’s non- interest bank has opened three new branches in Abuja in furtheranc­e of its sustained drives to deepen financial inclusion and offer stress-free innovative financial services to its growing customers nationwide.

Speaking during the opening ceremony of the t e c h n o l o g y - p owe r e d branches, the bank’s Chairman, Tanko Isiaku Gwamna told thousands of people who graced the occasion to open new accounts that the new branches were part of the bank’s mission to serve as a catalyst for Micro, Small and Medium Enterprise­s’ (MSMES’) sustainabl­e growth in Nigeria.

He said: “By launching these branches in locations that are particular to the ecosystem of the businessma­n and women, we are fulfilling our mission of making seamless banking solution accessible to all businesses.

“Let me assure all our old and potential customers that TAJBANK will continue to serve your interest and support every step you take to improve your business operations for profitabil­ity and your socio-economic well-being through interest-free loans and unparallel­ed quality service delivery”, Gwamna assured.

According to the bank’s management, the three new branches located at Wuse

Market, Garki Market and Gudu Market will help in leveraging the noninteres­t lender’s strives towards catalysing MSMES’ productivi­ty and profitabil­ity despite the lingering impact of COVID-19 pandemic on the economy.

In his remarks at the event, the NANTS President, Barrister Ken Ukaoha, commended Tajbank’s board and management for bringing the much-cherished interestfr­ee banking services to the market men and women especially at a time many other financial services providers are either closing their branch networks for flimsy excuses or depressing traders with high interest rates.

“We are happy that TAJBANK is supporting Nigerian traders and we will also reciprocat­e their goodwill by encouragin­g traders to do business with the bank so as to facilitate a win-win experience for the bank and traders nationwide. Indeed, we would meet to strengthen the symbiotic relationsh­ip”, Ukaoha added.

In the past year of its debut as a non-interest bank, Tajbank’s has continued to record success since its opening in December 2019.

It would be recalled that the bank recorded profit in its first year operation and is currently expanding its branch networks, with plans to extend services to the six geopolitic­al zones soon.

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