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Home»ECONOMY»The Alternative Bank supports rural economies in Katsina
ECONOMY

The Alternative Bank supports rural economies in Katsina

The Alternative Bank supports rural economies in Katsina
Abdoulaye KayBy Abdoulaye KayFebruary 27, 2024Updated:February 27, 2024No Comments3 Mins Read
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ASHENEWS reports that the Katsina State Government has aligned with The Alternative Bank mission to support rural economies through innovative financial solutions, tailored to empower local businesses and stimulate sustainable development across the state.

This platform reports that the official endorsement marks a significant milestone for The Alternative Bank as it launches its first branch in Katsina.

The Katsina State Governor, Dikko Radda, represented by his Special Adviser on Banking, Malik Anas, while expressing confidence in the success of The Alternative Bank in the region, emphasized the importance of combating poverty, particularly in rural areas, and urging the bank to collaborate with the state government in its efforts to address this challenge.

“One of our aims as a government is to enhance the growth of our people, especially those in rural areas. We seek the cooperation of The Alternative Bank in this area. We are ready to give the necessary support to the bank to forge ahead and contribute to the economic development of Nigeria.”

ALSO READ: Emir of Kano endorses The Alternative Bank

Dr. Abdulmumin Usman, the Emir of Katsina, also expressed confidence in the bank’s endeavours, setting the stage for a harmonious relationship between the financial institution and its proud Katsina community.

The wife of the governor, Fatimah Radda, echoed the state government’s support for the bank and stressed the importance of including the less privileged, such as widows and orphans, in the bank’s corporate social responsibility initiatives.

“It was found out that a large number of people living in the local governments of Katsina are largely unbanked, presenting a massive untapped opportunity for the bank.”

The Executive Director of The Alternative Bank, Garba Mohammed reiterated the institution’s commitment to financial empowerment for all customers, regardless of their status. He echoed the bank’s focus on providing efficient and technology-driven services to facilitate customer and national growth.

“The Alternative Bank is a bank with a difference. Apart from being a non-interest bank, we promise our customers prompt, loyal, efficient, and technologically driven services. We also promise to promote financial empowerment among our customers, irrespective of their status.

“When our customers grow, our bank will also grow. This will also lead to the growth and development of our dear country, Nigeria.”

Furthermore, the bank’s Regional Business Executive, Wada Nas, assured the Katsina business community and denizens that The Alternative Bank is committed to meeting their banking needs with honesty, professionalism, and competence.

He affirmed, “We will serve truthfully and prioritize your banking needs. You can be assured of our professional competence.”

Katsina state The Alternative Bank
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