Finance

LAPO wins microfinance bank of the year award

LAPO MfB disburses over N74bn In Q1

LAPO Microfinance Bank Limited, (LAPO MfB) a premium and frontline financial institution, has been conferred with the award of the ‘Microfinance Bank of the Year’ at the 9th edition of the Businessday Banks’ and other Financial Institutions (BAFI) Awards.

In a statement, the Head of Communications and Branding, LAPO, Oluremi Akande, revealed that the bank has won the award for eight consecutive times.

Read:  Emefiele tasks banks on sustainable principles in money lending

He said, “This is an implicit indication of LAPO’s unflinching commitment to its over 30 years mandate of empowering members of low-income households, impacting communities and environment in a sustainable way.

Read:  With Capacity to boost deposits enhanced, Zenith Bank leads banking sector with 69.9% liquidity ratio

“This award is dedicated to our over 6 million loyal clients spread across 34 states of the country, including the Federal Capital Territory (FCT), our extremely dedicated Staff, Board and Management who in spite of visible challenges have an uncommon resolve to serve our various stakeholders’ interests sustainably and profitably.”

Read:  Hollandia Zero Yoghurt gaining affinity with consumers

Akande said LAPO MfB remains committed to its over 30 years mandate of empowering members of low-income households and owners of MSME by providing easy access to micro-credits, social interventions funding and advocacy support.

Thisday

Related posts

IATF Raises Nigeria’s Hope on African Trade, Close with Business Deals Worth $36bn.

NigGal

Guinness Nigeria profit up 731%, records N159.444bn revenue in Q3 2022

NigGal

CBN Communique 141 of Monetary Policy Committee Meeting held Monday March 21st 2022

NigGal

ESH launches first all-natural foaming hand sanitizer

NigGal

Enforcing compulsory building insurance

NigGal

FIRS proposes road infrastructure tax

NigGal

Leave a Comment