Jaiz Bank To Boost SMEs, Agric Financing In Jigawa

Gov Baduru Abubakar

BY COBHAM NSA – Nigeria’s foremost non-interest financial institution, Jaiz Bank Plc, is set to break new grounds again with eyes on projects’ financing in Jigawa state.

Accordingly, the Bank plans to deepen financial inclusion in the North west state by providing the required funding for operators of small and medium scale businesses as well as farmers in the state.

Managing Director and Chief Executive of the bank, Hassan Usman dropped the hint during a courtesy visit to the Governor of Jigawa State, Alhaji Mohammed Badaru Abubakar at the Government House, Dutse.

Usman told the governor that Jaiz bank is ready to open a branch in the State with the target group being women, farmers and operators of small businesses.

He explained that the plan is to assist the various groups in the areas of expanding “their businesses as well as being financially included.”

The Jaiz Chuef Executuve said the proposed branch in the state will be opened for business by early next year, even as he solicited the cooperation and support of the State government for the Bank’s smooth take off and operations in the state.

In his remarks, Governor Badaru assured the Bank’s management of his aadministration’s support and instantly inaugurated the State’s Technical Committee to work with Jaiz team on MSME projects that will uplift and better the lives of people in the state.

The governor also appealed that food vendors be included in the bank’s financing structure to help them grow, adding; “it is better to start small and grow.”

Further canvassing gender mainstreaming in the Bank’s financing activities, the governor said; “Women support is also very important. I want to assure you that we will work together.”

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