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VI
Beyond Interest: The Alternative Bank Charts New Path for Wealth Creation
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THISDAYLIVE
The event focused on non-interest finance and the need to deploy patient capital into the country’s productive sectors rather than extractive models that only generate short-term gains.
Opening the forum, Muhtar Bakare, Chairman of The Alternative Bank, said the economy must move away from capital that merely harvests value.
Productive capital invests in enterprises, assets and systems that grow over time.
The discussions reinforced The Alternative Bank’s position that building a resilient Nigerian economy requires shared-risk, non-interest financial structures that give investors confidence and ensure investments create cross-generational value.
The bank said it will continue to champion financial models that link capital directly to real assets and productive activity as part of its mandate to drive inclusive and sustainable wealth creation.