New Bank,  The Alternative Bank, Debuts

<h4>New Bank<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that  Alternative Bank&comma; Nigeria’s newest entrant into the financial services sector&comma; has been  launched&period;<&sol;p>&NewLine;<p>It was launched  in spectacular fashion by holding simultaneous launch events in three major cities across the country &&num;8211&semi; Lagos&comma; Abuja&comma; and Kano&comma; making it the first synchronized multi-city brand launch in Nigeria’s history&period;<&sol;p>&NewLine;<p>The Alternative Bank is the ethical banking subsidiary of Sterling Financial Holdings&period;<&sol;p>&NewLine;<p>Speaking from Lagos&comma; Managing Director of The Alternative Bank&comma; Hassan Yusuf&comma; said&comma; &OpenCurlyDoubleQuote;We believe that banking should be a platform for shared prosperity&comma; where everyone benefits&period;<&sol;p>&NewLine;<p>And this explains why we refer to our customers as partners&comma; because we believe we are on a journey of wealth creation where profits are shared&comma; and customers are provided with funds without incurring interest charges&period;”<&sol;p>&NewLine;<p>Speaking at the launch event in Abuja&comma; Executive Director of The Alternative Bank&comma; Garba Mohammed&comma; said &OpenCurlyDoubleQuote;The Alternative Bank is here to create wealth-for-all in a sustainable way&comma; by doing things differently and taking a different model to partnering with its customers&period;”<&sol;p>&NewLine;<p>The launch events featured the presentation of digital products to attendees&comma; designed to bring more people into the formal financial sector with an albeit unconventional approach to e-commerce&comma; investments&comma; assets financing&comma; and renewable energy with solutions such as AltMall for e-commerce&comma; AltInvest for ethical retail investments&comma;<&sol;p>&NewLine;<p>AltPower for affordable renewable energy solutions&comma; AltDrive for new and pre-owned vehicle financing&comma; and WasteBanc for the monetization recyclable waste&period;<&sol;p>&NewLine;<p>In recognition of the unique financial needs of individuals and businesses&comma; The Alternative Bank offers personalized financial consultations&comma; tailored solutions&comma; and one-on-one guidance towards ensuring that customers achieve their financial goals&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;tribuneonlineng&period;com&sol;">The zero-interest banking principle is dedicated to fostering sustainable practices&comma; responsible investments and financial decisions that contribute to positive social and environmental impacts&period;<&sol;a><&sol;p>&NewLine;<p>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&period;<&sol;p>&NewLine;<p>The Alternative Bank started in 2014 as Sterling Alternative Finance&comma; 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’s non-interest banking sector&period;<&sol;p>&NewLine;<p>With the recent completion of Sterling’s transition to a full-fledged financial holdings company&comma; The Alternative Bank will operate as the non-interest banking subsidiary of the Group&comma; while Sterling Bank Limited will continue to provide conventional banking services&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;22752" aria-describedby&equals;"caption-attachment-22752" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-22752" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2023&sol;10&sol;Bank-300x157&period;jpg" alt&equals;"New Bank" width&equals;"300" height&equals;"157" &sol;><figcaption id&equals;"caption-attachment-22752" class&equals;"wp-caption-text"><em><strong>L-R&colon; Chairman&comma; The Alternative Bank&comma; MUHTAR BAKARE&semi; Executive Chairman Stratevium Nigeria LTD&comma; DR&period; PRISCA NDU&semi; Head of Product Omnibiz&comma; ZAINAB ARILESERE and CEO&comma; The Alternative Bank&colon;&comma; HASSAN YUSUF during the launch of The Alternative Bank in Lagos recently<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;