LOTUS bank, a non-interest and ethical financial institution, has bagged the BusinessDay ‘Best Ethical and Financial Inclusion Bank’ of the year award.
Its Acting Managing Director, Dr Isiaka Ajani-Lawal, said in a statement on Monday, in Abuja that the award was given at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) awards.
According to him, the recognition underscored its commitment to advancing ethical banking, financial inclusion, and sustainable prosperity across Nigeria.
“LOTUS bank has since inception, consistently championed innovative non-interest banking solutions designed to empower individuals, Micro, Small and Medium sized Entrepreneurs (MSMEs), and communities.
“The bank has championed the innovations through transparency, partnership, and shared value creation.”
Speaking on the award, the acting managing director expressed gratitude to the organisers and reaffirmed the bank’s mission to redefine banking through ethics and impact.
“This award is a reflection of our core philosophy that banking should be a force for good.
”At LOTUS Bank, we are intentional about building a system that not only provides access to finance but does so with integrity, empathy, and innovation.
”We dedicate this recognition to our customers, partners, and employees who continue to believe in our vision of ethical prosperity,” he said.
According to him, LOTUS Bank’s distinction in the ethical and financial inclusion categories highlights its leading role in broadening access to non-interest financial solutions and supporting inclusive economic growth.
”With a growing footprint across Nigeria, LOTUS Bank continues to introduce tailored products that reflect its values of Partnership, Prosperity, and Progress, while maintaining focus on ethical investing and customer trust.
“We see this recognition not as a destination but as motivation to continue deepening financial inclusion and building a more equitable banking future for all,” he added.
He said the bank was committed to fostering financial inclusion and broadening access to innovative, non-interest products and services for the banked, unbanked, and under-banked. (NAN)