Jaiz Bank, operating under Islamic banking principles, primarily derives its earnings from investing and financing activities.
, has reported strong financial performance in the nine months ended 30th September 2023, recording a pre-tax profit of N6.68 billion for the period.
The Bank also achieved gross earnings of N33.04 billion, which reflects a significant increase of 39.60% compared to the N23.67 billion reported in 2022. The Balance Sheet grew by 68% over12 months to close at N546 billion as at 30th September, 2023. These results reflect the Bank’s contribution to the growth ofJaiz Bank’s strong financial performance is a positive indicator of its continued growth and success in the banking sector.
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