Parallex Bank nips National Daily Newspaper’s Regional Bank of the Year

Nigeria’s fastest growing regional bank, Parallex Bank has been honoured with the Regional Bank of the Year award by National Daily Newspaper for its contribution towards the development of the banking sector in Nigeria.

The event tagged: “National Daily Award of Excellence” was held at the Oriental Hotel, Lagos on May 12, 2023, under the chairmanship of Prince Julius Adelusi Founder of Juli Pharmacy while former President Olusegun Obasanjo who was a Special Guest of honour delivered the keynote address.

Parallex Bank Limited was incorporated as a limited liability company on the 22nd day of May 2020, having successfully converted from Parallex Microfinance Bank (a National Microfinance Bank incorporated in 2008 as a Unit MFB) to a commercial bank duly licensed by the Central Bank of Nigeria to carry out commercial banking services.

Parallex Bank is known for its unique and distinct way of creating a conducive banking environment, where the expectations of its stakeholders, customers and employees can be fulfilled.

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It is known for helping customers to achieve success in economic, financial security and making the world a better place to live in. All these the bank has been able to achieve by creating a platform where all employees can learn, grow and be fulfilled in their work.

CEO and Editor-In-Chief of National Daily, Sylvester Ebhodage said Parallex Bank has made serious incursion in Nigeria’s banking space because of its huge leverage on technology.

“Parallex Bank leverages the best talents and technology to deliver unparalleled value to its customers, offering superior product portfolio that is customer-focused and innovative, yet simple. It developed the mobile app with features and benefits that are quite rare in the market.

“While we use the opportunity to show appreciation to many top public figures and top dignitaries in the country whose gestures have been worthy of emulation and whose actions over the years, and most especially within the period under review, have contributed in one way or another in uplifting humanity,” he added.