{"id":16035,"date":"2023-10-16T07:24:05","date_gmt":"2023-10-16T07:24:05","guid":{"rendered":"https:\/\/theblogonline.com\/?p=16035"},"modified":"2023-10-16T07:24:36","modified_gmt":"2023-10-16T07:24:36","slug":"the-alternative-bank-debuts-with-spectacular-multi-city-launch","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=16035","title":{"rendered":"The Alternative Bank Debuts With Spectacular Multi-City Launch"},"content":{"rendered":"

The Alternative Bank, Nigeria\u2019s 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\u2019s history.<\/p>\n

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L-R: Chairman, The Alternative Bank, MUHTAR BAKARE; Executive Chairman Stratevium Nigeria LTD, DR. PRISCA NDU; Head of Product Omnibiz, ZAINAB ARILESERE and CEO, The Alternative Bank:, HASSAN YUSUF during the launch of The Alternative Bank in Lagos recently.<\/figcaption><\/figure>\n

The Alternative Bank is the ethical banking subsidiary of Sterling Financial Holdings.<\/span><\/p>\n

Speaking from Lagos, Managing Director of The Alternative Bank, Hassan Yusuf, said, \u201cWe believe that banking should be a platform for shared prosperity, where everyone benefits. <\/span><\/p>\n

And this explains why we refer to our customers as partners, because we believe we are on a journey of wealth creation where profits are shared, and customers are provided with funds without incurring interest charges.\u201d<\/span><\/p>\n

Speaking at the launch event in Abuja, Executive Director of The Alternative Bank, Garba Mohammed, said \u201cThe Alternative Bank is here to create wealth-for-all in a sustainable way, by doing things differently and taking a different model to partnering with its customers.\u201d<\/span><\/p>\n

The launch events featured the presentation of digital products to attendees, designed to bring more people into the formal financial sector with an albeit unconventional approach to e-commerce, investments, assets financing, and renewable energy with solutions such as AltMall for e-commerce, AltInvest for ethical retail investments, AltPower for affordable renewable energy solutions, AltDrive for new and pre-owned vehicle financing, and WasteBanc for the monetization recyclable waste. <\/span><\/p>\n

In recognition of the unique financial needs of individuals and businesses, The Alternative Bank offers personalized financial consultations, tailored solutions, and one-on-one guidance towards ensuring that customers achieve their financial goals. <\/span><\/p>\n

The zero-interest banking principle is dedicated to fostering sustainable practices, responsible investments and financial decisions that contribute to positive social and environmental impacts.<\/span><\/p>\n

The Alternative Bank also recently launched an innovation in retail investments with the first AltCoin which affords investors the opportunity to preserve and grow their wealth by investing in gold.<\/span><\/p>\n

The Alternative Bank started in 2014 as Sterling Alternative Finance, after the Central Bank of Nigeria licensed then Sterling Bank Plc to operate a non-interest banking business and has since grown to become one of the largest ethical banks in Nigeria\u2019s non-interest banking sector. <\/span><\/p>\n

With the recent completion of Sterling\u2019s transition to a full-fledged financial holdings company, The Alternative Bank will operate as the non-interest banking subsidiary of the Group, while Sterling Bank Limited will continue to provide conventional banking services.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Alternative Bank, Nigeria\u2019s 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\u2019s history.<\/p>\n","protected":false},"author":1,"featured_media":16036,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456],"tags":[7822,7821],"class_list":["post-16035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-multi-city-launch","tag-the-alternative-bank"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16035"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16035"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16035\/revisions"}],"predecessor-version":[{"id":16038,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16035\/revisions\/16038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/16036"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}