Latest stories tagged “Jaiz Bank”
Jaiz Bank is planning to introduce collateral-free loans for small and medium-sized enterprises (SMEs) and retail customers, pending approval from the Central Bank of Nigeria (CBN). This initiative is aimed at enhancing financial inclusion.
Jaiz Bank faced regulatory penalties totaling N530.9 million in 2025, imposed by the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX). These sanctions were due to various breaches, including violations of anti-money laundering regulations and customer due diligence requirements, as well as filing infractions.
Jaiz Bank faced regulatory penalties totaling N530.9 million in 2025, imposed by the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX). These sanctions were due to various breaches, including violations of anti-money laundering regulations and customer due diligence requirements, as well as filing infractions.