In a significant stride towards fostering rural economic growth, The Alternative Bank has gained the official endorsement and collaboration of the Katsina State Government, led by His Excellency, Governor Dikko Radda. The partnership aims to leverage innovative financial solutions to empower local businesses and stimulate sustainable development across the state. The official launch of The Alternative Bank’s first branch in Katsina marks a pivotal moment in the financial institution’s commitment to the region.
During the launch event, Governor Dikko Radda emphasized the crucial role of combating poverty, especially in rural areas. He urged The Alternative Bank to collaborate with the state government in addressing this challenge and assured the bank of the necessary support to contribute to the economic development of Nigeria.
Representing Governor Radda, Special Adviser on Banking, Malik Anas, expressed confidence in the success of The Alternative Bank in the region. He stated, “We seek the cooperation of The Alternative Bank in enhancing the growth of our people, especially those in rural areas. We are ready to give the necessary support to the bank to forge ahead and contribute to the economic development of Nigeria.”
Dr. Abdulmumin Usman, the Emir of Katsina, also conveyed his confidence in the bank’s endeavours, setting the stage for a harmonious relationship between The Alternative Bank and the proud Katsina community.
Hajiya Fatimah Radda, the governor’s wife, emphasized the state government’s support for the bank and stressed the importance of including the less privileged, such as widows and orphans, in the bank’s corporate social responsibility initiatives. She noted, “A large number of people living in the local governments of Katsina are largely unbanked, presenting a massive untapped opportunity for the bank.”
Alhaji Garba Mohammed, the Executive Director of The Alternative Bank, reiterated the institution’s commitment to financial empowerment for all customers, regardless of their status. He emphasized the bank’s focus on providing efficient and technology-driven services to facilitate customer and national growth.
Mohammed stated, “The Alternative Bank is a bank with a difference. Apart from being a non-interest bank, we promise our customers prompt, loyal, efficient, and technologically driven services. We also promise to promote financial empowerment among our customers, irrespective of their status.”
Furthermore, the bank’s Regional Business Executive, Mallam Wada Nas, assured the Katsina business community and residents that The Alternative Bank is committed to meeting their banking needs with honesty, professionalism, and competence.
He affirmed, “We will serve truthfully and prioritize your banking needs. You can be assured of our professional competence.”
The collaboration between The Alternative Bank and the Katsina State Government is poised to create a positive impact on the local economy, driving financial inclusion and fostering sustainable development.