Alternative Bank Begins Operations

The Alternative Bank, Nigeria’s newest entrant into the financial services sector has debuted with a simultaneous launch event in three major cities across the country – Lagos, Abuja, and Kano, making it the first synchronized multi-city brand launch in Nigeria’s history.

The Alternative Bank is the ethical banking subsidiary of Sterling Financial Holdings.

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Speaking at the launch event in Abuja, Executive Director of The Alternative Bank, Garba Mohammed, said, “The Alternative Bank is here to create wealth-for-all in a sustainable way, by doing things differently and taking a different model to partnering with its customers.”

Speaking from Lagos, Managing Director, Hassan Yusuf, said, “We believe that banking should be a platform for shared prosperity, where everyone benefits. And this explains why we refer to our customers as partners, because we believe we are on a journey of wealth creation where profits are shared, and customers are provided with funds without incurring interest charges.”

Source: Daily trust

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