TAJ Bank, Nigeria’s fast growing non-interest bank (NIB) has maintained its lead position as Nigeria’s biggest ethical bank based on the approved statements of financial positions of the Non-interest banks by the regulatory authorities at the end of 2025 year.
The latest data from the FY2025 statement of the financial position of TAJ Bank, showed that the non-interest lender had consolidated its frontline position in the subsector based on Gross Assets and Profit values as well as in other Key Performance Indicators (KPIs) ratings during the year.
Specifically, in the year under review, TAJ Bank’s Total assets grew to N1.34 trillion from N953 billion in the preceding year, representing 41% growth; Gross earning assets surged to N847.706 billion, from N467.377 billion in FY 2024, indicating 81% surge; while Total Equity surged to N149.230 billion, reflecting 144% growth over the N61.250 billion in FY 2024.
A further analysis of the TAJ Bank’s FY2025 approved financial statement indicated that it posted N132.563 billion in Gross earnings, representing 71% growth over the N77.550 billion in the previous year; Earnings value of N1.037 trillion; while its Profit Before Tax (PBT) rose by 74% to N31.562 billion in FY 2025, from N18.166 billion in FY2024; and the Capital adequacy ratio stood at 30%.
