TAJBank Limited, Nigeria’s fastest-growing non-interest lender, has again won the BusinessDay newspaper’s 2023 ‘Islamic Bank of the Year Award, beating other contenders in the selection process for the prestigious award for the third consecutive year.
Presenting the award to the bank’s management, represented by the Regional Head, Lagos, Mr Michael Iteye, during the newspaper’s Banking and Financial Institutions (BAFI) awards ceremony held in Lagos, BusinessDay’s representative at the awards ceremony, said the award was conferred on TAJBank in recognition of “its commitment to world-class services, impressive financial performance and consistently being at the forefront in the nation’s financial inclusion drive over the last three years.”
Speaking on the highly competitive award by the newspaper, the bank’s founder/managing director, Mr Hamid Joda, said: “As the saying goes, hard work pays. So, the Islamic Bank of the Year Award by BusinessDay to our bank this year is a clear indication that the public is aware of the remarkable strides we are making to set new standards in technology-powered and value-laden services and products to our customers.
“We are happy that this award is coming barely four months after TAJBank became a leader in the Tier 1 Capital ranking and posted the highest Profit Before Tax (PBT) of the non-interest banking segment of the Nigerian Exchange in the half year 2023.”
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Commenting on the latest recognition of the bank for its service delivery innovativeness, TAJBank’s Co-Founder/Executive Director, Mr Sherif Idi said: “We are excited for bagging this coveted award, which, based on what the newspaper’s management confirmed, was bestowed on TAJBank after a rigorous competition and transparent process adopted by the panel of judges.
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