Lotus Bank Opens New Branch in Lagos, CEO Shares Plans for Customers
- LOTUS Bank Limited has opened a new branch at Lekki as it bids to enhance accessibility for individuals and businesses
- The bank's CEO said that the new location will help strengthen the bank's presence in Lagos and also commitment to customer service delivery
- The new branch features digital banking solutions, a customer service lounge, and an ATM gallery
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
LOTUS Bank Limited, one of Nigeria’s fastest-growing non-interest banks, has announced the opening of its new branch on Admiralty Way, Lekki, Lagos state.
The bank said that its new location will offer enhanced banking services tailored to meet the needs of both individuals and businesses.
Source: UGC
The purpose of this strategically located bank branch is to serve the expanding population of Lekki and its environs with improved financial services, DailyTrust reported.
LOTUS Bank provides a variety of products intended to meet the financial needs of its clients and encourage economic empowerment, with an emphasis on non-interest banking principles.
CEO speaks on LOTUS bank
Speaking on the expansion, Kafilat Araoye, the bank’s managing director and chief executive officer (CEO), expressed her excitement:
Kafilat Araoye, CEO of LOTUS Bank said,
“We are thrilled to flag-off our new branch in Lekki, a vibrant hub of commerce and innovation. This location not only strengthens our presence in Lagos but also underscores our commitment to providing our customers with seamless access to our services. We are dedicated to fostering financial inclusion and supporting the aspirations of our clients.”
“LOTUS Bank is dedicated to showcasing our superior passion for customer satisfaction,” she continued. “With the support of our highly trained staff, we are determined to fulfill our mission in the non-interest banking sector by providing best-in-class service delivery.”
Araoye emphasised the bank’s commitment to customer satisfaction and high-quality service delivery.
She added:
“LOTUS Bank is dedicated to showcasing our superior passion for customer satisfaction. With the support of our highly trained staff, we are determined to fulfill our mission in the non-interest banking sector by providing best-in-class service delivery.
The new branch will feature modern banking solutions, including a digital banking suite, a customer service lounge, and an ATM gallery to enhance customer experience. Customers can also expect personalised financial services delivered by a knowledgeable and attentive team."
All to know about Islamic banking
Legit.ng earlier reported that the Central Bank of Nigeria approved the operation of the Islamic banking model in the country.
The banks are distinct from traditional commercial banks as they offer interest-free loans to MSMEs and individuals.
The non-interest banking approach in Nigeria allows customers to earn profits from their savings.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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