Jaiz Bank’s Gross Earnings Grow By N6.2bn In 2021

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Nigeria based Islamic bank, Jaiz Bank Plc has posted a total gross earning of N6.2 billion for the year end 2021. The gross earnings improved by 32 per cent

The financial report showed that its profit before tax rose by 43 per cent from N3.066 billion in 2020 to N4.373 billion in 2021 while profit after tax also grew by about 48 per cent from N2.903 billion to N300 billion in the year under review.

Many of the shareholders who were in attendance at the meeting applauded the management for their effort. They however urged the board of directors to look into the issue of raising the dividend by share to a significant figure by the next year. Based on the annual report, there is only one female out of its 16-member board. Also, it has two females against the six top management staff. From its 735 total employees, 539 or 73 percent are male, while female folks are 196

 

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