Lotus Bank
Commercial Institute in Nigeria
From Wikipedia, the free encyclopedia
LOTUS Bank is a non-interest and ethical bank in Nigeria.[3] It is the third non-interest bank established in Nigeria[4] and the first that started operations from the southern part of the country headquartered in Lagos.[5]
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| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | 2021 |
| Headquarters | Lagos, Nigeria |
Number of locations | 53 branches (2024) |
Key people |
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| Products |
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Number of employees | 300 - 500 |
| Website | lotusbank |
History
The institution was founded in 2021, as Lotus Bank Limited.[6] 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.[7] On 7 July 2021, the institution commenced operations in 3 branches in Lagos.[8][9][10]
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