Lotus Bank, Nigeria’s leading non-interest bank, reaffirmed its commitment to transparency, inclusivity, and ethical banking at its recent Stakeholder Engagement Forum held at the Four Points Hotel, Victoria Island, Lagos.
The event brought together the bank’s executive management, members of the media, and key stakeholders to deepen understanding of the bank’s non-interest banking principles, innovative products, and its ongoing efforts to promote ethical and inclusive financial practices.
Dr. Isiaka Ajani-Lawal, Executive Director at Lotus Bank, who represented the Managing Director, Mrs. Kafilat Araoye, expressed appreciation to the media for their role in raising awareness of non-interest banking in Nigeria. “We are grateful to the media for their support in educating the public about our mission and values. This engagement is crucial in expanding awareness of ethical banking across the country,” Dr. Ajani-Lawal said.
Key topics of discussion included Lotus Bank’s profit-sharing model, its zero account maintenance policy, and the importance of socially responsible banking in fostering community development.
Mrs. Araoye, in a statement shared by Dr. Ajani-Lawal, emphasized that the forum was an important step in reinforcing the bank’s core values of transparency, partnership, and community impact. “This forum strengthens our commitment to educating our stakeholders about the principles of non-interest banking. Our goal is to provide financial solutions that align with the values of the communities we serve,” she stated.
The event highlighted Lotus Bank’s ongoing efforts to build strong partnerships, promote financial literacy, and advance ethical banking practices across Nigeria.
