archiveThe Alternative Bank

Emir of Zazzau in Zaria, Kaduna State, Ambassador Ahmed Nuhu Bamali has extolled the benefits of The Alternative Bank (TAB) as a non-interest banking institution that propels economic growth through sustainable practices, responsible investment, and financial decisions. In a keynote address during the inauguration of TAB's first physical branch in Zaria, Kaduna State, the traditional ruler highlighted the manifold advantages of the non-interest banking institution to, "include economic inclusivity, risk-sharing, and adherence to the principles of equality and cooperation." The theme of his address was: "Non-Interest Banking: Opportunities and Benefits...

The Alternative Bank has unveiled two of its major financial products at the on-going Kano International Trade Fair namely AltBiz and AltInvest.  This marks a significant step for the bank as it continues to play a pivotal role in shaping the financial landscape, especially in the northern region. Whilst AltBiz caters to the financial needs of businesses, offering a comprehensive suite of services to fuel growth, innovation, and sustainability; Altinvest, a digital investment platform empowers individuals to navigate seamlessly the investment world, blending ethical and digital features for increased accessibility....

The Alternative Bank, an Africa-focused non-interest bank, has signed a multiyear deal with the Niger State government to boost the development of agriculture, transportation, energy, and infrastructural sectors in the state.  Mohammed Bago, Governor of Niger State who signed the Memorandum of Understanding, alongside Garba Mohammed, executive director at The Alternative Bank, said the objective of the deal is to maximise the agricultural potential of the state. Governor Bago expressed delight with the financial institution’s readiness to partner with the state for maximum agricultural potential. He said the state plans...

Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. This commendation was shared at the recently held statutory meeting in Lagos. The hybrid statutory meeting, which was held with online and physical attendance, saw the unanimous passing of the singular motion of the day; and the adoption of the statutory report for the meeting, presented by the shareholders...

The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events 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. Speaking from Lagos, Managing Director of The Alternative Bank, 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...