The bank said its balance sheet size grew from N12 billion in 2012 when it started operation to N278 billion to close 2020 financial year. It also grew all other key performance indices exponentially over the years.
The bank said it made remarkable impact in empowering women, driving financial inclusion and supporting various strata of businesses in the real sector of the economy, agriculture, real estate, construction, oil & gas, general commerce, making others. Within this period, the bank was rated by the Islamic International Rating Agency , assigning it an investment grade rating of BBB. Most recently, the bank also got an upgrade from both Agusto and GCR to BBB and BBB- respectively with stable outlook. Besides, Fitch also did its’ first rating of this promising institution, and it came out at the same impressive level.Managing director of the bank Hassan Usman expressed great delight on the giant strides being taken by the bank.
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