LOTUS Bank Celebrates Two Years of Ethical Banking, Financial Inclusion in Nigeria

LOTUS Bank, a non-interest financial institution in Nigeria is celebrating its second anniversary.
In a statement at the weekend, the non-interest bank announced that over the past two years, it has been involved in the transformation of the financial landscape in Nigeria, offering innovative solutions and customer-centric services.

“Since its inception, LOTUS Bank has prioritised providing a banking experience that goes beyond traditional norms, focusing on ethical practices and financial inclusion for all.
“Our journey over the past two years has been incredible, and we owe our accomplishments to our customers who have placed their trust in us,” Managing Director of LOTUS Bank, Mrs. Kafilat Araoye said.

The statement pointed out that in just two years of operations, LOTUS Bank had been commended for its ethical banking practices, commitment to financial inclusion, and significant contributions to the country’s economic growth.

“In 2022, the bank received the LEADERSHIP Bank of the Year award in recognition of its efforts towards economic growth and pursuit of ethical banking.
“Beyond its financial achievements, LOTUS Bank also maintains a strong culture of promoting environmental sustainability and creating value for society.
“The bank is deeply involved in  supporting businesses and educational institutions, fostering job opportunities, and actively championing environmental conservation initiatives,” the statement added.

According to the Founder and Chairperson of LOTUS Bank, Hajara Adeola, “Our two-year journey has been marked by remarkable achievements and recognition, but more importantly, it has been a journey of making a positive impact on society.

“We are honoured by the privilege to contribute to the well-being of the environment and the communities we serve.”
It noted that with the rapid advancements in innovative products and customer-centric services, the bank was actively embracing digital solutions to ensure utmost convenience for its valued customers.
The financial institution also expressed dedication to expanding its reach beyond its current strength of 40 branches across the country to provide financial access to underserved populations.