See CEO plans as Lotus Bank opens new branch, makes promises

• LOTUS Bank Limited has open 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 customers' service delivery
• The new branch features digital banking solutions, a customer service lounge, and an ATM gallery

LOTUS Bank Limited, one of Nigeria’s fastest-growing non-interest banks, has announced the opening of a new branch on Admiralty Way, Lekki.

The new location the bank offer enhanced banking services tailored to meet the needs of both individuals and businesses.

Loftus Bank has decided to bring its services closer to customers. Photo credt: Nurphoto
Source: Getty Images

DailyTrust reports that the new branch, which officially opened its doors to the public, is part of LOTUS Bank’s commitment to expanding its footprint and making ethical banking more accessible to individuals and businesses alike.

CEO speaks on LOTUS bank

Speaking on the expansion, the bank’s CEO, Mrs. Kafilat Araoye, expressed her excitement.

“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.”

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."

Lotus Bank sponsors NIMSA

In addition to expanding its physical presence, LOTUS Bank has announced its sponsorship of the Nigerian Medical Students Association Games.

The non-interest bank said that the sponsorship highlighted its commitment to fostering youth development, health, and sportsmanship across Nigeria.

Punch reports quoted Araoye, in a statement on why the sponsorship:

“Encouraging a healthy lifestyle among our future healthcare professionals is essential. Sports not only enhance physical fitness but also cultivate vital skills such as collaboration and leadership.”

This sponsorship follows LOTUS Bank’s recent involvement in the Federation of African Student Universities Games, where the bank supported an event promoting unity, competition, and cultural diversity among students across the continent.

“We are proud to have supported an event that promotes unity and excellence among African students."

Additionally, the bank recently concluded its Lotus Bank Abeokuta Marathon, which attracted both local and international participants.

All to know about Islamic banking

Legit.ng earlier reported that the Central Bank of Nigeria approved the operation of Islamic banking model in the country

The banks are distinct from traditional commercial banks as they offer interest-free loans to MSMEs and individuals.

This banking approach in Nigeria provides customers with the opportunity to earn profits from their savings.

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Source: Legit.ng