Jaiz Bank has openly denied media reports implying a profound break among its Board individuals. 

Distributed 1 hour back on November 2, 2020By Chidi EmenikeJaiz Bank Plc, First shared benefit bank in Nigeria approaches 10 years, JAIZ Bank Plc set for private position, JAIZ Bank Plc set for private situation. 

JAIZ Bank has eagerly denied bits of gossip about a break among its board individuals over a progression plan – relieving the feelings of dread of financial specialists, controllers, clients, and every pertinent partner. 

This is as indicated by a press articulation gave concerning that impact, marked by the organization's Secretary, Mrs. Rukayat Dahiru, and seen by Nairametrics. 

The Bank insisted that the matter of progression for the current Managing Director was considered by the board as the lapse of his agreement drew nearer. Notwithstanding, the bank rushed to affirm that what happened was only a "real exercise of unique assessments on an issue in the common course of the Directors obligations" 

As a declaration to the warm relationship in the board room, the official statement uncovered that the Board and Shareholders of the bank just started the way toward raising extra value of N3.3 billion through the private arrangement of 5,076,923,077 conventional portions of 50kobo at 65kobo per share 

What they are stating 

A piece of the press explanation by the bank peruses,

“Our attention has been drawn to a publication by the Vintage Press Limited (The Nation Newspaper), purporting a deep rift in the Board of Jaiz Bank Plc (the Bank).

“Jaiz Bank Plc will like to set the records straight for the attention and benefit of all our Regulators, Bankers, Shareholders, Customers, Investors, Strategic Stakeholders, and the General Public for the record.

“The Bank will like to state that there is no rift in the Board of the Bank other than the legitimate exercise of divergent opinions on a matter in the ordinary course of the Directors duties.’’