Alternative Bank's 2026 Growth Strategy Focuses on Non-Interest Banking for Financial Inclusion

Alternative Bank is set to drive growth in 2026 through non-interest banking, aiming to boost financial inclusion and ethical finance in Nigeria. The bank's Executive Director, Demola Adeniyi, highlighted the low penetration of non-interest banking in Nigeria despite increasing demand for ethical financial services.

The growth strategy for 2026 prioritizes sectors like healthcare, education, agriculture, renewable energy, and transport. Adeniyi emphasized the importance of partnership-driven models in non-interest banking to ensure transparency, risk-sharing, and sustainable public education.