Nigeria’s largest ethical bank, The Alternative Bank, has emphasised its commitment to ethics and long-term economic growth.
This is as the Bank opened its first stand-alone branch in the ancient city of Kano. Also, the arrival of The Alternative Bank, has been endorsed by the Emir of Kano, Alhaji Aminu Ado Bayero.
The Emir at the launch of the Bank, described it as a transformative force that will significantly impact individuals and businesses in the state.
Speaking during the inauguration of The Alternative Bank’s newest branch, the Emir declared that the Bank’s presence in Kano marks the dawn of a revolutionary era in Banking, marking a transformative shift in the financial landscape of the state.
He continued by noting the crucial role that financial institutions play in shaping contemporary society and reiterating The Alternative Bank’s commitment to ethics, openness, and substantial and long-term economic growth.
He stressed that the bank is a testament to an obligation beyond profit margins.
Similarly, the Emir noted that The Alternative Bank stands firm in its commitment to principles that transcend mere profit motives, urging the community to support the bank in its dedication to ethical banking practices.
Also, executive director of The Alternative Bank, Garba Mohammed described the bank as ethical, saying “we are proud to be part of this remarkable event to flag off the commencement of this bank, which will no doubt be of great service to our people.”
Mohammed further expressed that the Bank’s investment decisions adhere to the highest ethical standards and that it is unique in sharing profits with customers, highlighting a shared prosperity approach.
The executive director said, “The Alternative Bank aspires to be a force for positive change, channelling resources into projects that uplift communities, empower individuals, and contribute to the greater good. Our dedication to responsible and sustainable banking ensures a focus on long-term prosperity while minimising adverse effects on the environment and society.”
