At the recent Stakeholder Engagement Forum at the Four Points Hotel on Victoria Island in Lagos, Lotus Bank, Nigeria’s leading non-interest bank, reaffirmed its dedication to openness and inclusive financial practices while outlining the benefits of ethical banking.
To promote greater awareness and participation regarding the concepts of non-interest and ethical banking, the Bank’s cutting-edge products, and its dedication to moral and inclusive financial practices, the event brought together the Bank’s executive management team, members of the press, and other stakeholders.
Dr. Isiaka Ajani-Lawal, the Executive Director, who represented the Managing Director, thanked the media and emphasized their contribution to public education regarding non-interest banking. He said: “We appreciate the media for helping us communicate our mission and values. This engagement is essential in broadening awareness of ethical banking in Nigeria.”
The profit-sharing non-interest banking model, Lotus Bank’s zero account maintenance policy, and the significance of socially conscious banking were the key topics of discussion.
In a statement available to BrandSpur banking and finance news desk, distributed by Dr. Ajani-Lawal, the Managing Director, Mrs. Kafilat Araoye, stated that the forum served as a chance to reaffirm the Bank’s dedication to openness, collaboration, and community impact in addition to serving as a means of connecting with stakeholders.
According to her: “This gathering reaffirms our commitment to educating and engaging with our stakeholders about the values of non-interest banking. We believe in creating awareness about ethical banking and fostering financial options that align with the values of the communities we serve.”
