Lotus Bank
 | |
| Type | Private company |
|---|---|
| Industry | Banking |
| Founded | 2021 |
| Headquarters | Lagos, Nigeria |
Number of locations | 53 branches (2024) |
Key people |
|
| Products |
|
Number of employees | 300 - 500 |
| Website | lotusbank |
LOTUS Bank is a non-interest and ethical bank in Nigeria.[3] It is the third non-interest bank established in Nigeria[4] and the first that started operations from the southern part of the country headquartered in Lagos.[5]
History
[edit]The institution was founded in 2021, as Lotus Bank Limited.[6] On 17 June 2021, Lotus Bank limited received a license from the Central Bank of Nigeria, the national banking regulator, to operate as a non-interest bank.[7] On 7 July 2021, the institution commenced operations in 3 branches in Lagos.[8][9][10]
See also
[edit]
References
[edit]- ↑ "Our team". lotusbank.com. Retrieved 29 March 2024.
- ↑ "Dr. Isiaka Ajani-Lawal, MD LOTUS Bank". BusinessDay. Lagos, Nigeria. Retrieved 29 March 2024.
- ↑ Reporters, Our (10 July 2023). "Lotus Bank pledges support for businesses". The Punch. Retrieved 28 March 2024.
- ↑ "LOTUS bank commences operations in new locations". The Guardian. Lagos, Nigeria. 6 September 2021. Retrieved 28 March 2024.
- ↑ Idowu, Bukola (21 December 2022). "Lotus Bank: A Dedication To Economic Growth And Ethical Prosperity". Leadership. Retrieved 28 March 2024.
- ↑ Komolafe, Babajide. "CBN grants Lotus Bank license for non-interest banking". Vanguard. Lagos, Nigeria. Retrieved 28 March 2024.
- ↑ Moses-Ashike, Hope (17 June 2021). "CBN grants Lotus Bank license for Non-Interest banking operations". BusinessDay. Lagos, Nigeria. Retrieved 28 March 2024.
- ↑ "LOTUS Bank opens 3 branches in Lagos". Daily Trust. 6 September 2021. Retrieved 28 March 2024.
- ↑ "LOTUS Bank Commences Operations in Three New Locations - THISDAYLIVE". This Day. Retrieved 28 March 2024.
- ↑ Idowu, Bukola (22 December 2022). "Lotus Bank Relocates Head Office To Ikoyi". Leadership. Retrieved 28 March 2024.
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