Bank
Parallex Bank Crowned Reputable Bank of the Year
Parallex Bank Crowned Reputable Bank of the Year
Sahara Weekly Reports That Parallex Bank Limited, a rapidly emerging commercial bank in Nigeria, has received esteemed recognition as the Reputable Bank of the Year at the 2023 Reputable Banks & Fintech Awards (RBFA), presented by the Global Reputation Forum in the United Kingdom. Dr. Olufemi Bakre, the Chief Executive Officer of Parallex Bank, proudly represented the organization at the awards ceremony held at Westminster Bridge, London, where the bank stood out among a select group of the most reputable banks and fintech institutions across Africa.
The Global Reputation Forum acknowledged Parallex Bank’s distinguished performance in corporate governance as the basis for this prestigious accolade. Tonye Indaminabo, the Chief Executive Officer of Reputation Poll International, highlighted that Parallex Bank holds a unique position as the first and currently the sole financial institution to transition from a microfinance bank to a commercial bank in Nigeria.
The annual Reputable Banks and Fintech Awards and Conference, orchestrated by Reputation Poll International, a globally acclaimed reputation-management firm, is strategically designed to recognize the exponential growth, accelerated progress, and transformative reforms within Africa’s banking and financial sector. The selection process is meticulously based on polls conducted among the public and customers, honoring and celebrating banks and fintech institutions that play pivotal roles in propelling Africa’s rapidly evolving financial landscape forward.
Parallex Bank, a recipient of multiple awards, has consistently demonstrated excellence in banking practices, securing various accolades both locally and internationally over the past two years. Dr. Olufemi Bakre, the Managing Director of Parallex Bank, expressed his satisfaction with the awards, emphasizing that they underscore Parallex Bank’s substantial impact on the Nigerian banking sector. He highlighted that the bank’s commitment to its founding values has earned recognition from esteemed organizations through a series of prestigious awards.
Bakre reiterated the bank’s unwavering commitment to its “limitless banking” mantra, ensuring that every Nigerian experiences banking differently. He emphasized the substantial investment in banking technology, enhancing customer experiences with seamless transactions on the bank’s platforms. Parallex Bank’s dedication to innovation and customer satisfaction recently earned it the esteemed title of Agency Bank of the Year at the Businessday’s Banks and Other Financial Institutions (BAFI) Awards.
This latest accolade not only solidifies Parallex Bank’s reputation as an industry pathfinder but also serves as a testament to its ongoing commitment to shaping the future of banking in Nigeria and beyond.
Bank
ZENITH BANK MAINTAINS IMPRESSIVE TRACK RECORD AS PBT HITS N1.3 TRILLION, PROPOSES N4.00 FINAL DIVIDEND
20 New Millionaires Emerge from Fidelity Bank GAIM 6 Promo
Fidelity Bank Plc has announced 20 new millionaires at the 2nd and 3rd monthly draws of its Get Alert in Millions Season 6 (GAIM 6) promo held at the bank corporate head office in Lagos.
The 20 lucky winners, randomly selected through an electronic draw across Lagos, North, Abuja, South-West, South-South, and South-East zones, will be rewarded with the sum of one million naira each.
Speaking at the draws, the promo Chairperson and Executive Director for Lagos and South-West, Fidelity Bank Plc, Dr. Ken Opara represented by the Regional Bank Head, Ikoyi, Chetachi Okechukwu, noted that the GAIM 6 promo was designed to reward customers’ loyalty, encourage a savings culture, and promote financial inclusion across the country.
According to Opara, “Fidelity Bank is dedicated to the financial well-being of our customers and this commitment inspired the launch of the GAIM Promo, designed to cultivate a strong culture of savings.
“Through this promo, customers have the chance to win substantial cash prizes up to N10 million by saving and transacting with their Fidelity Bank Savings accounts. In addition to the monetary rewards, winners will receive complimentary financial advisory services to secure and grow their wealth for the future.”
The monthly draws was monitored by the representatives of relevant regulatory bodies, including the South-West Zonal Coordinator, Federal Competition and Consumer Protection Council (FCCPC), Mrs. Aboluwade Margaret; and the Principal Legal Officer, Lagos State Lotteries and Gaming Authority, Oyinkan Kusamotu.
Since the campaign launched in November 2024, Fidelity Bank has disbursed N19.75 million to 869 customers across different categories. The GAIM 6 campaign, which will run until August 2025, is set to reward lucky customers with a total of N159 million.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 8.5 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is the recipient of multiple local and international Awards, including the Export Finance Bank of the Year at the 2023 BusinessDay Awards; the Banks and Other Financial Institutions (BAFI) Awards; Best Payment Solution Provider Nigeria 2023; and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards. It was also recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023 and the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.
-
Business5 months agoComprehensive Media Audit Shows Flutterwave, MTN Nigeria, and Bolt Outpacing Competitors in Media Engagement
-
Politics6 months agoWhy Ighodalo Slammed ₦20 Billion Suit On Oshiomhole
-
Politics7 months agoCampaign funds: LP Tasks NSA, EFCC to probe Obi, Yesufu, Afenifere
-
Politics6 months agoTogether we can make Ewekoro a better local government’ — Sikiru Adesina Urges Party Leaders, Co-contestants