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JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year - Business - Nairaland

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JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Jeroboy(m): 1:52am On Jun 08, 2020
Jaiz Bank Plc has announced a Profit After Tax of N2.4 billion for the 2019 financial year ended December 31.

The performance represented a leap of 193 per cent, from the N834.4 million realised in the corresponding period of 2018.

Gross income grew by 80 per cent to N13.5 billion, from N7.5 billion in the previous year.

The banks total assets also grew by 54 per cent to N167.27 billion from N108.46 billion.

According to a statement, the banks Profit Before Tax for the period under review stood at N2.1 billion, representing 135 per cent growth when compared to N879.7 million in 2018.


https://www.google.com/amp/s/www.thisdaylive.com/index.php/2020/06/08/jaiz-bank-posts-n2-4bn-pat/amp/

14 Likes 1 Share

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Yuceeluv(f): 2:08am On Jun 08, 2020
Are they recruiting? That's my own interest.

3 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by dominique(f): 9:02am On Jun 08, 2020
How they generate profits despite their zero interest loans is what I'm curious about

51 Likes 5 Shares

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Nobody: 9:08am On Jun 08, 2020
G
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Abaman001(m): 9:08am On Jun 08, 2020
Hope you guys did not drop workers as some others did within this COVID-19 era?
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by thatsleepboy1: 9:08am On Jun 08, 2020
Hmm.
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Nobody: 9:08am On Jun 08, 2020
D
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by sammysneh(m): 9:08am On Jun 08, 2020
Dont really know this bank

1 Like

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by happyeaster137: 9:09am On Jun 08, 2020
dominique:
How they generate profits despite their zero interest loans is what I'm curious about
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by QweenM(f): 9:09am On Jun 08, 2020
A good bank.

Although, I'm still thinking about how they get their profits because they don't charge interests on their loans.

18 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Azmanaty: 9:09am On Jun 08, 2020
Ndi mgbu
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by seanwilliam(m): 9:09am On Jun 08, 2020
dominique:
How they generate profits despite their zero interest loans is what I'm curious about
na me dey give dem profit

4 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by themes009(m): 9:09am On Jun 08, 2020
Ok next please
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by clancymiim(f): 9:09am On Jun 08, 2020
Damn!
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by ThereIsHopee: 9:09am On Jun 08, 2020
That's a lot of money! shocked

1 Like

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by ikedi205: 9:10am On Jun 08, 2020
This bank is not too popular, but it is superb, and classic. There is a level to this banking thing

14 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by davillian(m): 9:10am On Jun 08, 2020
Never heard of it
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by talktrue1(m): 9:10am On Jun 08, 2020
CBN has really enriched these banks with the dollar sale

2 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Beedude(m): 9:11am On Jun 08, 2020
Good one. I wish they have more branches in Nigeria.
Even as a Christian, i think Islamic banking will help business grow in a country like Nigeria thereby reducing the rate of unemployment. Unlike our Shylock banks around who charge u for everything.

67 Likes 3 Shares

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Samylekey(m): 9:12am On Jun 08, 2020
Isssssssssssssssh
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by ForeThinker: 9:12am On Jun 08, 2020
Compliment people. If you think a good thing about someone, there’s no harm in saying it aloud.

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Houseofglam7(f): 9:12am On Jun 08, 2020
undecided
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by DonFreshmoney(m): 9:13am On Jun 08, 2020
Best bank in Nigeria

19 Likes 2 Shares

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Samylekey(m): 9:13am On Jun 08, 2020
Whiziddo:
D
'banj

6 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by paulolee(m): 9:13am On Jun 08, 2020
nice
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by HIGHESTPOPORI(m): 9:14am On Jun 08, 2020
Huge profit. Meanwhile sub your dstv and gotv and contact us for any issues.
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Iamchicchup(m): 9:14am On Jun 08, 2020
[quote author=happyeaster137 post=90433932][/quote]
Easy... Treasury Bills
Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Achor1111(m): 9:15am On Jun 08, 2020
How can l obtain their loan?
Please help✍�

3 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by Kenedy16(m): 9:17am On Jun 08, 2020
dominique:
How they generate profits despite their zero interest loans is what I'm curious about
dollar selling

2 Likes

Re: JAIZ Bank Posts N2.4bn Profit After Tax For 2019 Financial Year by 2by40ft: 9:18am On Jun 08, 2020
dominique:
How they generate profits despite their zero interest loans is what I'm curious about
If you must know, go and take loan with them

5 Likes

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