Credit Facility and Financial Inclusion and Development: An Evaluation of the Contribution of Jaiz Bank Plc 2013-2023

The main aim of this study is to evaluate the contributions of Jaiz bank in granting of loan facilities to interested and qualified Nigerian citizens in the banking system 2013-2023. To achieve this aim, quantitative secondary data on loan granted by Jaiz bank Plc and thirteen interest based commercial banks is collected from their annual reports and accounts. Collected data is analyzed using descriptive statistical tools of percentages, tables, charts and figures. Public policy analytical framework that aid in finding the usefulness or otherwise of public policies guided the conduct of the study. Results from the analyzed data revealed that while interest based commercial banks are the dominant players in granting loan, loan granted by Jaiz bank is low but consistently adding to its niche 2013-2023. Similarly, the loan granted by Jaiz bank Plc has shown year in year out growth 2013-2023 thereby widening the contribution of the bank in granting loan which could otherwise be not accessed by citizens from the interest based commercial banks. The policy implications of results from this study are that policy makers need to further formulate policies that could strengthen the operations of Jaiz bank Plc. Similarly, this could have the implication of the need for policy makers to further encourage or stimulate the establishment of more non-interest banks in the Nigerian banking system.