IslamicFinance.de

Nigerian Jaiz Bank has increased its branch network to ten, with the commissioning of its Katsina branch. The bank commenced operations with three branches in Abuja, Kaduna and Kano states on January 6, 2012, after it received licence from the Central Bank of Nigeria on November 11, 2011, to operate as a non-interest bank. The bank now has branches in Gombe, Maiduguri, Katsina, and two branches in Kano. The bank has also added two branches in Abuja, the Federal Capital Territory. The branches are located at the National Assembly and Wuse District. According to the chairman, board of directors of Jaiz Bank, Alhaji Umaru Mutallab, there are plans to open additional branches in Bauchi, Zamfara, Sokoto, Kebbi and Jigawa states and at the Bayero University Kano, Federal Secretariat Abuja and Zaria, before the end of year 2013.