Company type | Private company |
---|---|
Industry | Banking |
Founded | 2021 |
Headquarters | Lagos, Nigeria |
Number of locations | 23 branches (2024) |
Key people |
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Products |
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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]
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 Lagos. [8] [9] [10]
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