Sanusi tasks Sterling Bank on non-interest banking awareness

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The Emir of Kano, Muhammadu Sanusi II (CON), has charged the Management of Sterling Bank to continue sensitizing the people and business owners on the benefits of Non-Interest Banking (NIB).

In his keynote address, at a one-day conference, organized by the Bank in Kano, on NIB with the theme “Reducing Poverty and Unemployment through Non-Interest Banking” the Royal Father, counselled the Management of the bank to outline the advantages of NIB to the business community in Kano, the commercial nerve centre of Northern Nigeria.

According to Emir, hitherto, the business community depend on conventional banking models, adding that, with the advent of Non-Interest Banking, the situation has changed, as they can now enjoy profit sharing and insurance cover on funds while reducing poverty in the society, among other benefits.

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