At the BusinessDay Banks and Other Financial Institutions Awards held in Lagos on Saturday, Parallex Bank was named Challenger Bank of the Year 2022.
Mr Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank, described the award as further proof that the lender is on the right track in his acceptance speech.
According to Bakre, the bank set out from the start to be a lender with a difference, providing its customers with a limitless banking experience and connecting with them at the core of their banking needs and pain points.
“It is gratifying to note that Parallex Bank has been adjudged the Challenger Bank of the Year by remaining true to the company’s core values of professionalism, innovation, excellence, customer centricity, and collaboration,” Bakre said.
The bank recalled that it had previously won the award for the Most Innovative Young Commercial Bank in Nigeria at the Marketing Edge Awards, as well as the Excellence in Agency Banking Award at the 2022 Finnovex Awards.
Mr Frank Aigbogun, Publisher of Businessday Limited, was quoted as saying that the BAFI Awards were supported by the BusinessDay Research and Intelligence Unit, and that nominations for the award were the result of a review process. According to him, Businessday Media Limited is well-versed in the happenings in Nigerian banks and other financial institutions.