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Bbb+ Rating

by Leadership News
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

TajBank’s current rating comes in recognition of the bank’s high quality balance sheet and robust earnings capacity.

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The lender clinched the rating of Bbb last year despite the prevailing economic situation, but this year took its operational efficiency and best practice principles higher to Bbb+, which industry analysts attributed to bank’s zeal and strong performance rendering its innovative products and services to its growing customer base.

Commenting on the improved rating of the bank by the rating agency, the founder/CEO of the fastest growing and value-driven non-interest lender, Mr. Hamid Joda, described the improved rating by Agusto & Co as a clear demonstration that TAJBank has continued to prioritise necessaThe nation’s economy could earn as much as $200 million minimum in one year because we will be producing a manufactured granite Marble and Marble is being used by high profile people in the society it is more valuable than tiles.

Marble is used for housing, stores etc it is highly durable and beautiful for design.

“The government has a world bank facility of $3.5bn to be given to organised corporators and miners alliance bodies, we want to access such fund and government should ensure peace in host communities where there is operation especially security, safety of lives, properties and investment.

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“We want more investors especially importers and exporters, we have many Nigerians importing granite marble from Italy, Spain, America and Canada and we want them to be our major distributors in West Africa so that we can do business within the region and the continent instead of exporting abroad. Particularly we want partners from America under AGOA, we are particularly empowered to promote it for three and half years.”ry risk management and operational controls, with clear focus on quality processes related to first class standards, management, and administration lifecycle.


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