Lotus Bank Explained
| LOTUS Bank Limited |
| Logo Alt: | Lotus Bank's logo |
| Type: | Private company |
| Location: | Lagos, Nigeria |
| Num Locations: | 53 branches |
| Num Locations Year: | 2024 |
| Num Employees: | 300 - 500 |
| Industry: | Banking |
LOTUS Bank is a non-interest and ethical bank in Nigeria.[1] It is the third non-interest bank established in Nigeria[2] and the first that started operations from the southern part of the country headquartered in Lagos.[3]
History
The institution was founded in 2021, as Lotus Bank Limited.[4] 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.[5] On 7 July 2021, the institution commenced operations in 3 branches Lagos.[6] [7] [8]
See also
Notes and References
- Web site: Reporters . Our . 2023-07-10 . Lotus Bank pledges support for businesses . 2024-03-28 . Punch Newspapers . en-US.
- Web site: Nigeria . Guardian . 2021-09-06 . LOTUS bank commences operations in new locations . 2024-03-28 . The Guardian Nigeria News - Nigeria and World News . en-US.
- Web site: Idowu . Bukola . 2022-12-21 . Lotus Bank: A Dedication To Economic Growth And Ethical Prosperity . 2024-03-28 . en-US.
- Web site: Komolafe . Babajide . CBN grants Lotus Bank license for non-interest banking . 2024-03-28 . Vanguard.
- Web site: Moses-Ashike . Hope . 2021-06-17 . CBN grants Lotus Bank license for Non-Interest banking operations . 2024-03-28 . Businessday NG . en-US.
- Web site: 2021-09-06 . LOTUS Bank opens 3 branches in Lagos - Daily Trust . 2024-03-28 . dailytrust.com/ . en-US.
- Web site: LOTUS Bank Commences Operations in Three New Locations - THISDAYLIVE . 2024-03-28 . www.thisdaylive.com . en.
- Web site: Idowu . Bukola . 2022-12-22 . Lotus Bank Relocates Head Office To Ikoyi . 2024-03-28 . en-US.
