Home Daily Videocast Why Jaiz Bank Plc Is Performing Poorly In The Nigerian Stock Exchange

Why Jaiz Bank Plc Is Performing Poorly In The Nigerian Stock Exchange

Why Jaiz Bank Plc Is Performing Poorly In The Nigerian Stock Exchange

In this videocast, I discuss Jaiz Bank Plc which operates in Nigeria with headquarters in Abuja. Jaiz Bank Plc, is a non interest bank in Nigeria and the first non-interest bank established in the country. Largely, the bank is not performing well, recording the least performing stock in the Nigerian Stock Exchange big league in May. Also, I explain that its problem is not execution-related but rather business model-anchored. Nigeria does not have the systems and processes to support a non-interest bank, yet, and as a pioneer in non-interest banking, Jaiz Bank will have to build most of those systems itself.

 

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