The Akwa Ibom state governor, Pastor Umo Eno has commended Parallex Bank for its speedy growth since it got licensed as a full commercial bank by the Central Bank of Nigeria (CBN).
The governor who stated this at the official opening of Parallex Bank Uyo Branch, tasked the management of the bank to reel out financial services that will complement the ARISE Agenda of his administration to further promote and support entrepreneurship in the State.
Parallex Bank was founded in 2008 as a Microfinance Bank, and through hard work, resourcefulness, and a commitment to excellence, achieved great success as a Microfinance Bank transcended to commercial bank in January 2021.
The bank unveiled its headquarters on Friday, January 14, 2022, in Victoria Island, Lagos, and since then has 12 branches across the country.
Governor Eno, who welcomed the bank to the state, expressed the willingness of the government to work with the bank in a way that will benefit both the State and its citizenry.
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He assured the bank of the State government’s resolve to provide financial facilities for citizens of the State at modest interest rates that would encourage the growth of small and medium scale enterprises in the State.
“We welcome you very warmly to Akwa Ibom State and to assure you that we will do our best to support you. We just hope that your coming will increase the tempo of financial services in our state and we hope to partner with you in a way that will bring benefit to both the State and the citizenry.
“We want you to touch on the issue of interest rate. We will see how to partner with you to ensure that our people, particularly, SMEs, have the support they require to grow their businesses.”
The Governor who had earlier received the management team on a courtesy visit in his office, lauded the composition of the bank’s Board of Directors with reputable Christian leaders, and charged them to live up to public expectations in line with its posture of probity.
“I know your bank was incorporated in 2020, having previously operated as a micro finance bank for some time. So we want to congratulate you for the growth that you have witnessed in the last three years in technology and superior customer services and all of the things that you have done. These days, banking has gone beyond the armchair, you need to know your customers, they need to trust you.
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“I trust that working with you , you will not betray the trust that God Himself has put on our shoulders. This is because every time I prepare to come to work, I tell God to help me not to betray that trust that He has placed on me, and to help me be a servant leader. I look forward to working with you,” Governor Eno noted .
Earlier, the Chairman of the Bank’s Board of Directors, Dr. Adeola Phillips, expressed appreciation for the enabling environment created by the Governor Umo Eno- led government in the State which, she affirmed, facilitated the bank’s smooth take-off and pledged to partner Akwa Ibom people towards achieving great heights.
Leading the audience through the operational tenets of the bank, the Managing Director and Chief Executive Officer, Mr Olufemi Bakre, assured the Akwa Ibom public of seamless digital and professional operations, with collaborative relationships built on trust and customer satisfaction.