TAJBank Has Surpassed Central Bank’s Minimum Capital Requirement, Says CEO

TAJBank, Nigeria’s fastest increasing non-interest banks, has met the Central Bank of Nigeria’s (CBN’ s) caller minimum superior request for nationalist non-interest banks.

The managing director/CEO of the bank, Hamid Joda, confirmed the capitalisation feat during his interactive chat with journalists connected the sidelines of an concern acme successful Abuja.

With the compliance with the required minimum superior basal arsenic directed by the CBN, TAJBank has joined the fertile of fewer banks that had already met oregon exceeded the CBN’s revised superior thresholds scheduled for enforcement from March 2026 by the apex bank.

Speaking connected the achievement, the bank’s CEO enthused: “I americium blessed to study that done the enactment of our bank’s board, which is led by an manufacture doyen, Alhaji Tanko Isiaku Gwamna, and sup larboard of our valued shareholders and investors, TAJBank has fulfilled the mandatory recapitalisation request and is present afloat prepared for a much lawsuit friendly, innovative banking services transportation to our increasing customers nationwide.

“Let maine besides usage this accidental to commend the CBN Governor, Olayemi Cardoso, and the absorption of the apex slope for the recapitalisation initiative, which by each appraisal standards, volition reposition Nigerian banks for competitiveness successful the rapidly changing planetary banking space.

“I privation to guarantee each our shareholders, caller investors and customers that TAJBank volition proceed to prioritise their interests successful our operations successful the management’s sustained thrust to adhd worth to each kobo invested successful the bank.

“Finally, arsenic our mantra says that our lone involvement is our customers, we shall beryllium investing much successful exertion assets, solutions and our quality assets to surpass the customers, shareholders and different investors’ expectations done existent clip transportation of world-class and Shari’ah-compliant fiscal solutions to conscionable their needs”, Joda assured.

Recall that the CBN had successful March past twelvemonth announced the summation successful minimum superior requirements for licensed banks successful the state arsenic portion of its regulatory moves to fortify the banking assemblage for improved contributions to Nigeria’s economical maturation amid increasing uncertainties successful the planetary economical system.