Started banking operations on December 2, 2019, having secured its license on July 3, the same year, from Central Bank of Nigeria (CBN), TAJ Bank opened two branches in Abuja and Kano for business. Eight months later, precisely August 24, 2020, it extended its operations to Sokoto State.
As a non-interest bank with the strategic intent of providing excellent services through technology and digital innovation, the bank focuses on building a strong brand with technology based-solutions and staff competency. It has also leveraged on mainstream and digital media, aside adopting sustainably ethical conventional banking products and services to give it numerous customers the best of banking services.
In line with its mission and vision, TAJBank seeks to redefine the banking landscape of Nigeria and by extension Africa, by continuously investing in cutting edge information technology that aims at delivering exceptional service to its teeming customers without jettisoning its core values of trust and justice, customer centricity, excellence, determination and innovation.
Strategically positioned to be the dominant non-interest bank operating in Nigeria, TAJBank looks forward to having over 75 per cent market share of the country’s banking sector as well as other African countries’ markets and also, being among the top 10 banks in Nigeria.
To achieve its target, the bank has mapped out plans to open at least 50 branches across major state capitals and commercial cities in the country before the end of 2025. It has also introduced e-channels, which include agent banking to reach the unbanked populace and to significantly promote financial inclusion in the country. This strategy also takes into cognisance the need to open branches outside Nigeria.
To further build on its success, TAJBank has continued to leverage on the strength and experience of its business-savvy board, the acumen of its management team and, the dedication and efficiency of its staff to navigate the turbulent economy. It was this organisational efficiency and trust that earn the bank its early success that snowballed into CBN issuing it a national license in August 2022.
