Jaiz Bank N150bn Capital Raise
Analysis based on 10 articles · First reported Jun 25, 2026 · Last updated Jun 26, 2026
The capital raise by Jaiz Bank is expected to significantly enhance its lending capacity, particularly for strategic sectors like agriculture, manufacturing, and SMEs in Nigeria. This move could lead to increased economic activity in these sectors and potentially boost investor confidence in Jaiz Bank, as reflected by its share price increase.
Jaiz Bank, Nigeria's leading non-interest bank, secured shareholder approval to raise an additional N150 billion in capital. This capital injection, planned in two or three tranches by September 2026, aims to strengthen the bank's balance sheet, support its ambitious expansion plans across Nigeria, and enable it to participate in larger transactions. The bank reported a strong financial performance for the year ended December 31, 2025, with total assets rising by 19% to N1.3 trillion, customer deposits increasing by 24% to N1.12 trillion, and profit before tax growing by 28% to N31.24 billion. Jaiz Bank also achieved strategic milestones, including a corporate rebranding, an upgrade of its credit rating by GCR Ratings from BBB- to BBB, and becoming the first African institution admitted as a primary dealer of the International Islamic Liquidity Management Corporation. The bank plans to expand its branch network and intensify efforts to promote financial inclusion through digital platforms and new SME products.
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