JAIZBANK - Jaiz Bank Plc
Jaiz Bank Plc was created out of the former Jaiz International Plc which was set up in 2004 to establish Nigeria's first full-fledged non-interest bank. Jaiz Bank obtained a regional operating license (which allows the bank to operate geographically in a third of the country) as a non-interest bank from the Central Bank in November 2011 and began full operations in January the following year with 3 branches located in Abuja FCT, Kaduna, and Kano. The bank recently obtained approval from the Central Bank of Nigeria to operate in all parts of the federation. Its ultimate objective is to expand beyond the shores of Nigeria in line with its principle of being 100% Shari'ah compliant, however, without religious bias nor discrimination.
|Last Trading Results||Growth & Valuation|
|Opening Price:||0.52||Earnings Per Share:||--|
|Day's Low Price:||--||Price/Earning Ratio:||--|
|Day's High Price:||--||Dividend Per Share:||--|
|Traded Volume:||127,000||Dividend Yield:||--|
|Number of Deals:||10||Shares Outstanding:||29.46b|
JAIZBANK Stock Market Performance
The current share price of Jaiz Bank Plc (JAIZBANK) is NGN 0.52. The JAIZBANK stock closed its last trading day (Friday, July 10, 2020) at 0.52 NGN per share on the Nigerian Stock Exchange. JAIZBANK began the year with a share price of 0.62 NGN but has since lost 16.13% off that price valuation, ranking it 122nd on the NSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that JAIZBANK has lost 18.75% of the stock's value from June 11 to date. The table below details the last 10 trading days of activity of Jaiz Bank Plc on the Nigerian Stock Exchange.
Profile of Jaiz Bank Plc
Jaiz Bank Plc operates in the Financials sector. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of Jaiz Bank Plc|
No. 73 Ralph Shodeinde St, Central Business District, P.M.B. 31, Garki Abuja
JAIZBANK Industrial Market Competitors
Jaiz Bank Plc, issuers of the JAIZBANK stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|LAWUNION||Law Union & Rock Insurance||4.60b||1.07||+114.0%|
|CHIPLC||Consolidated Hallmark Insurance||3.98b||0.49||+25.6%|
|AIICO||Aiico Insurance Plc||10.20b||0.90||+25.0%|
|CORNERST||Cornerstone Insurance Company||8.10b||0.55||+22.2%|
|UCAP||United Capital Plc||16.20b||2.70||+12.5%|
|REGALINS||Regency Alliance Insurance Co.||1.47b||0.22||+10.0%|
|OMOMORBNK||Omoluabi Mortgage Bank Plc||3.00b||0.60||+9.09%|
|ABBEYBDS||Abbey Mortgage Bank Plc||6.78b||1.05||+5.00%|
|MBENEFIT||Mutual Benefits Assurance||2.35b||0.21||+5.00%|
|NPFMCRFBK||NPF Microfinance Bank||2.74b||1.20||+4.35%|