Bukola Afeni
TAJBank Limited, Nigeria’s biggest non-interest banking services provider, has again blazed new trails in world-class ethical banking standards as Agusto & Co and Datapro rating agencies ranked the non-interest lender A1 in credit risk and operational resilience assessment scorecards, making it among the best rated in the nation’s Non-Interest Banking (NIB) space.
The Founder/CEO, Mr. Hamid Joda, said the improved rating by Agusto & Co and Datapro is a clear demonstration of their high standard.
He made the disclosure during an interactive chat with Journalists in Abuja.
The Founder said TAJBank has been prioritizing necessary risk management and operational controls.
“We have clear focus on quality processes relating to first class standards, management, and administration lifecycle”, he said.
Joda further gave assurance of the readiness of the bank’s management to give all that it takes to grow the clients businesses and support their individual socio-economic wellbeing.
“The recent top ratings from Agusto & Co and Datapro is sending a strong message to our customers, investors, and stakeholders in the non-interest banking sector that TAJBank is a secure choice for their investments and transactions.”
Industry analysts believe that the upgraded ratings of TAJBank is well deserved given its impressive imprint in the nation NIB’s landscape over the past few years, particularly the management’s sustained drive to deepen financial inclusion at the grassroots.
The latest ratings of TAJBank represented a notch up from Bbb+ which Agusto & Co rated it about two years ago, and was attributed to the bank’s high quality balance sheet and robust earnings ratios in the financial year 2025.
Despite the prevailing economic whirlwinds in the country, TAJBank in the year under review was noted to have leveraged its operational efficiency and customer-focused world-class services to climb higher on the ladder of best practice principles in ethical banking in the country.
A banker added that TAJBank Limited latest ratings by reputable agencies have again validated the management’s commitment to world-class standardization of the bank’s operations.
“We excel greatly in terms of innovative, real time, techno-powered services and risk management for our growing customers on a sustainable basis.
“As we have consistently maintained, our primary goal is to deploy world-class operational standards and services to protect the interest of our customers with a view to surpassing their expectations and retaining TAJBank at the leading edge of the NIB subsector on a sustainable basis.
The bank’s Executive Director, Mr. Sherif Idi, said the A1 ratings by Agusto & Co and Datapro, the foremost ratings agencies in the country, have reaffirmed TAJBank’s management’s unwavering commitment to best practice standards through prioritization of investment in human capital.
“Our service is top notch in terms of innovative technologies and branch network expansion which consistently makes our bank the preferred choice for customers in the NIB subsector of the banking sector.
