TAJBank, Nigeria’s most innovative Non-Interest Bank has celebrated its first anniversary, reporting that it has broken even within nine months of operation.
The event which held recently, took place at the Wells Carlton Hotel in Abuja was attended by members of the board of directors, executive management as well as staff. The bank used the occasion to also reward pioneer staff and other outstanding employees.
Speaking at the ceremony, chairman, board of directors, Tanko Isiaku Gwamna represented by board member, Barrister Habib Alkali, reiterated the firm commitment and support of the board in the realisation of the bank’s vision and emphasized that employees who had shown exemplary conduct would be assured of appropriate rewards to motivate them.
The COO/founder TAJBank, Mr. Hamid Joda, lauded the dedication, focus and commitment of staff in achieving several milestones throughout the year. He restated the bank’s 10/10 service mantra and urged staff to maintain the same zeal in preparing for its next year of operations to ensure that the institution continually offers the exceptional service to customers that it has become well recognised for.
Also, the CMO/co-founder, Mr. Sherif Idi, noted that breaking even in nine months of operations was a remarkable feat and urged staff to maintain the same drive as the institution commences its second year of operations. He also commended the shareholders for their patience and trust in the brand and expressed delight that the Bank will be paying dividends in its first year of operations.
In its one year of operations, the bank has achieved several milestones including the launch of TAJXpress, (Agency Banking network) across the north-east and north-west states, establishment of TAJMall, Nigeria’s 1st ethical mall with a focus on providing products and services to meet the evolving needs of customers across the country.
Other achievements include appointment as Receiving Agent to several federal government parastatals and also recognised as the Best Islamic Bank Marketing and Growth Strategy (GIFA Awards 2020). The bank recently announced a $5 million facility grant from AFREXIM.