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]
 | |
| Company 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 |
History
editThe 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 2024-03-29.
- ^ "Kafilat Araoye, MD Lotus Bank". Businessday NG. Retrieved 2024-03-29.
- ^ Reporters, Our (2023-07-10). "Lotus Bank pledges support for businesses". Punch Newspapers. Retrieved 2024-03-28.
- ^ "LOTUS bank commences operations in new locations". The Guardian Nigeria News - Nigeria and World News. 2021-09-06. Retrieved 2024-03-28.
- ^ Idowu, Bukola (2022-12-21). "Lotus Bank: A Dedication To Economic Growth And Ethical Prosperity". Retrieved 2024-03-28.
- ^ Komolafe, Babajide. "CBN grants Lotus Bank license for non-interest banking". Vanguard. Retrieved 2024-03-28.
- ^ Moses-Ashike, Hope (2021-06-17). "CBN grants Lotus Bank license for Non-Interest banking operations". Businessday NG. Retrieved 2024-03-28.
- ^ "LOTUS Bank opens 3 branches in Lagos - Daily Trust". dailytrust.com/. 2021-09-06. Retrieved 2024-03-28.
- ^ "LOTUS Bank Commences Operations in Three New Locations - THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-03-28.
- ^ Idowu, Bukola (2022-12-22). "Lotus Bank Relocates Head Office To Ikoyi". Retrieved 2024-03-28.
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