Parallex Bank launches a branch in Lekki, promises to open more branches

Nigerian financial services company Parallex Bank opened a new location in Lekki, Lagos, on Wednesday. The bank also has ambitions to open offices in Ibadan, Abuja, Warri, and Isolo.

Speaking at the ceremonial launch, Parallex Bank Chairman Adeola Philips stated that the opening of the branch marks the start of the bank’s exiting chapter. The bank plans to open five more branches in key cities, including Ibadan, Abuja, Warri, and Isolo, after opening two new branches already.

“You may therefore say that Parallex Bank is expanding into your neighborhood and that these moves are a reflection of the bank’s dedication to servicing all neighborhoods, providing for our clients, and being accessible to you,” he stated.

According to Phillips, Parallex Bank is dedicated to remaining at the forefront of the banking industry’s innovation, particularly with regard to digital banking in Nigeria.

“And we’re committed to leveraging technology to enhance efficiency, strengthen risk management practices, expand our product offerings and deliver exceptional customer experiences.”

“At Parallex Bank we provide private banking institution that will be of interest to the peculiarity of Lekki as an axis and is tailor made.

“We provide some services and programs that are not available in Nigeria such as acquiring a property in United Kingdom without traveling, payment of foreign fees and various financial instruments that are not domesticated,” Femi Bakre managing director at Parallex Bank.