TAJBank Nigeria has signed pact with the Astana International Financial Centre (AIFC), an Asian firm, to promote innovative financial instruments and mechanisms to enhance trade finance and provide comprehensive support to Nigerian exporters.
According to Hamid Joda, Managing Director, of that bank, the partnership will focus on promoting and developing non-interest banking products and services in Nigeria, in line with Islamic financial principles.
“It specifically focuses on promoting and developing non-interest banking products and services in Nigeria, in line with Islamic financial principles. It also aims to streamline and secure the management of export proceeds, particularly for agricultural commodities like cocoa.