LOTUS Bank, a leading non-interest financial institution, has been honoured with the BusinessDay Best Ethical and Financial Inclusion Bank of the Year award.
In a statement issued on Monday in Abuja, the Acting Managing Director of the bank, Dr. Isiaka Ajani-Lawal, said the recognition was presented at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
Ajani-Lawal noted that the award affirmed LOTUS Bank’s consistent commitment to promoting ethical banking, financial inclusion, and sustainable prosperity across Nigeria.
He explained that since its establishment, the bank has remained focused on offering innovative non-interest banking solutions that empower individuals, Micro, Small, and Medium Enterprises (MSMEs), and local communities through transparency, collaboration, and shared value creation.
Expressing appreciation to the award organisers, Ajani-Lawal reiterated the bank’s vision of redefining banking through ethical values and social impact.
“This award represents our belief that banking should be a force for good. At LOTUS Bank, we are deliberate about creating a system that promotes access to finance with integrity, empathy, and innovation.
“We dedicate this recognition to our customers, partners, and employees who continue to trust and align with our vision of ethical prosperity,” he said.
The managing director added that the honour underscored the bank’s leadership in expanding access to non-interest financial services and fostering inclusive economic growth.
“With a growing presence across Nigeria, LOTUS Bank continues to develop tailored products that reflect our values of partnership, prosperity, and progress while strengthening customer confidence and ethical investing,” he added.
Ajani-Lawal further assured that the bank remains committed to advancing financial inclusion and providing innovative, interest-free banking solutions for individuals and businesses across all sectors of the economy.