TAJBank Restricted, Nigeria’s fastest-growing and most customer-friendly non-interest lender, has once more gained the BusinessDay newspaper’s 2023 ‘Islamic Financial institution of the 12 months Award, beating different contenders within the choice course of for the distinguished award for the third consecutive yr.
Presenting the award to the financial institution’s administration who was represented by the regional head, Lagos Michael Iteye in the course of the newspaper’s Banking and Monetary Establishments (BAFI) awards ceremony held in Lagos, BusinessDay’s consultant on the awards ceremony, mentioned that the award was conferred on TAJBank in recognition of “its dedication to world-class providers, spectacular monetary performances
and constantly being at forefront within the nation’s monetary inclusion drive over the past three years.”
Talking on the extremely aggressive award by the newspaper, the financial institution’s founder/managing director, Hamid Joda, mentioned: “Because the saying goes, exhausting work pays. So, the Islamic Financial institution of the 12 months Award by BusinessDay to our financial institution this yr is a transparent indication that the general public is conscious of the outstanding strides we’re making to set new requirements in technology-powered and value-laden providers and merchandise to our clients.
“We’re joyful that this award is coming barely 4 months after TAJBank grew to become a pacesetter within the Tier 1 Capital rating and posted the best Revenue Earlier than Tax (PBT) of the non-interest banking section of the Nigerian Alternate in half yr 2023.
“As we now have mentioned from the start as our company mantra that “our solely curiosity is the client”.
The BusinessDay newspaper’s award this yr is a affirmation that we’re on monitor when it comes to revolutionary service supply and value-addition to our rising clients globally.
“Let me use this chance to thank our clients, the regulatory authorities and different stakeholders within the monetary system that we’ll not relent in our efforts to constantly provide them the most effective as we proceed to develop the frontiers of our operations for monetary inclusion to the unbanked and under-banked folks, particularly these within the grassroots nationwide”, Joda assured.
Commenting on the most recent recognition of the financial institution for its service supply innovativeness, TAJBank’s co-founder/govt director, Mr. Sherif Idi, mentioned: “We’re excited for bagging this coveted award, which,based mostly on what the newspaper’s administration confirmed, was bestowed on TAJBank after a rigorous competitors and clear course of adopted by the panel of judges.
“As our Board and administration have all the time mentioned, this award is a name on us to do extra when it comes to revolutionary providers and merchandise’ packaging and I need to guarantee all stakeholders within the Nigerian and
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world non-interest banking house, significantly our valued clients, that TAJBank won’t allow them to down, when it comes to their expectations for world class providers and getting loans with out curiosity as we collectively proceed to take the financial institution to loftier heights”, Idi assured.
Recall that TAJBank had in 2021 and 2022 gained the BusinessDay’s awards and earlier than then had additionally clinched the Management Newspapers’ 2020 ‘Financial institution Of The 12 months’ award.
In recognition of the non-interest lender’s strict compliance with world greatest practices, significantly in data safety requirements in all areas of its operations, TAJBank in 2022 acquired the Fee Card Trade Knowledge Safety Normal (PCI DSS) certification and three Worldwide Requirements Organisation (ISO) certifications by the Certification Accomplice World (CPG), specifically ISO 27001, ISO 22301, and ISO 20000 on Data Safety, Enterprise Continuity, and IT Service Administration Programs
