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Jaiz Bank Plc rebrands for the future

Wednesday, 20 August 2025, 9:25 am
in Business, Companies
0
Jaiz Bank Plc to double profit to N4.29bn in Q1 2024
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Jaiz Bank Plc (NGX: JAIZBANK) has rebranded itself to reflect its vision for the future. The pioneer non-interest financial institution in Nigeria announced its official rebranding which will be effective from 19th August 2025, on Tuesday.

Also read: Bosquet Investments Ltd acquires 21.22% stake in Ecobank

In a statement signed by Mohammed Shehu, the Company Secretary, the bank stated that it will operate under “its new colours and logo, accompanied by a refreshed visual identity and brand philosophy.”

The new brand identity swaps out the bank’s traditional green and gold for a deeper blue, vibrant yellow, and balanced grey—each color chosen to symbolize key aspects of Jaiz’s philosophy: trust and stability, optimism and innovation, and timeless sophistication.

The colours & logo; represent Trust, Stability, Professionalism, Energy, Optimism, Visibility, Balance and Sophistication.

Speaking at a press briefing held at the bank’s corporate headquarters in Abuja on Tuesday, Haruna Musa, Managing Director and CEO, described the event as “a defining milestone” in the bank’s 14-year journey that goes beyond cosmetics.

Jaiz Bank, which began operations in 2011 with a regional license, has evolved into a national player and now aspires to become a regional force in Islamic banking. “Our mission is beyond Nigeria,” Musa said, confirming that the bank has received invitations from Ghana and Sierra Leone to expand its footprint. “We want to join the ranks of top-tier banks in Africa in the next five years.”

Although the Central Bank of Nigeria (CBN) has yet to set capitalization thresholds for international specialized banks like Jaiz, the bank has already surpassed the current minimum requirement ahead of the 2026 deadline and is now pursuing an aggressive capital expansion plan.

“In the next one year, the plan of the bank is to ensure that we raise our capital to a minimum of ₦100 billion. In the next three years, the plan is to raise it to ₦200 billion,” Musa said.

About the Company

Jaiz Bank Plc is the first fully fledged non-interest financial institution in Nigeria. The Bank was granted a banking license to carry on the business of non-interest banking and commenced operation on January 6th,2012 with three branches in two states and the Federal Capital Territory.

It was established as a private limited liability Company but was converted to a Public limited liability company in April 2016 and now trades its Stock on the Nigeria Stock Exchange.

The address of the Bank’s registered office is Jaiz House, Plot 1073, J.S Tarka Street, Area 3, Garki Abuja, Nigeria.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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