BusinessDay’s 2023 “Islamic Bank of the Year Award” went to TAJBank Limited once more, as it defeated rivals to win the esteemed title for a record-tying third year.
GM Emerging Africa, Tosin Sanni, and Publisher, BusinessDay, Frank Aigbogun, presented 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. They stated that TAJBank was given the award for “its commitment to world-class services, impressive financial performances, and consistently being at forefront in the nation’s financial inclusion drive over the last three years.”
As the adage goes, hard effort pays, commented the bank’s founder and managing director, Hamid Joda, in response to the newspaper’s highly competitive prize.
Therefore, BusinessDay’s award of Islamic Bank of the Year to our bank this year is a resounding testament to the public’s awareness of the extraordinary efforts we are making to raise the bar for our clients’ access to high-quality, technologically advanced services and goods.
“We are pleased that TAJBank received this award just four months after rising to the top of the Tier 1 Capital ranking and achieving the highest profit before tax (PBT) in the Nigerian Exchange’s non-interest banking sector during the first half of 2023.”
Let me take this opportunity to express my gratitude to our customers, regulators, and other financial system stakeholders. We will keep working tirelessly to provide them with the best service possible as we broaden the scope of our operations to include the unbanked and underbanked across the country, especially the grassroots.
TAJBank’s Co-Founder and Executive Director, Sherif Idi, commented on the bank’s recent recognition for its innovative service delivery. He said: “We are excited to bag 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.”
As our board and management have consistently stated, this award serves as a call to action for us to provide more innovative services and product packaging. Idi gave assurance to all parties involved in the Nigerian and international non-interest banking market, especially our esteemed customers, that TAJBank will live up to their expectations in terms of receiving interest-free loans and providing world-class services as we work together to grow the bank to even greater heights.
