The newest entrant into the business banking business in Nigeria, Parallex Financial institution has formally launched on Friday, January 14, 2022, with the promise to redefine the banking panorama in Nigeria and Africa at massive. The financial institution launch was graced by a number of dignitaries from each the personal and public sectors. Additionally in attendance had been a number of celebrities who witnessed the revealing of the financial institution’s emblem.

Introducing the financial institution to the gathering on the financial institution’s headquarters in Victoria Island Lagos, the chairman of the financial institution, Dr. Adeola Phillips mentioned Parallex Financial institution is right here to make a singular assertion about what innovation can do in an business that’s continually reinventing. She additional said that the financial institution will function broadly with a aggressive mindset, to disrupt the market and delight clients with very enticing provides. The aim is to empower the banking public and to drive handy and environment friendly commerce by means of the financial institution digital platforms. She added that the Parallex cell app provides clients the liberty to do far more. The app will get rid of inconveniences and hardships typically confronted by clients whereas finishing up transactions.

Corroborating the Chairman’s claims, the Managing Director of Parallex Financial institution, Mr. Olufemi Bakre, popularly often called Mayor, mentioned the financial institution’s promise to its clients is to be an enabler of limitless banking. He established that Parallex Financial institution is the primary financial institution in Nigeria emigrate from a microfinance financial institution to a business financial institution. He’s satisfied that Parallex Financial institution restricted will obtain extra because the financial institution companions with clients to discover extra enterprise alternatives.

Mr Olufemi mentioned the imaginative and prescient of Parallex Financial institution is to be the popular monetary answer supplier redefining the shopper expertise by means of innovation. He assured clients of fantastic banking services stating that the financial institution choices are designed to handle the yearnings of Nigerians. With a robust ecosystem anchored across the buyer, Mr Femi knowledgeable the friends that the financial institution has a strong product portfolio that’s customer-focused, modern and easy.

Based on him, the Parallex cell app has distinctive options and advantages which are fairly uncommon on this market. On the app, clients can select to create their distinctive account numbers, improve their switch limits, make 5 free transfers per day to any financial institution in Nigeria. They will request without cost debit playing cards, which might be delivered to them without cost. They are going to obtain immediate responses to enquiries.

Past the app, Mayor added that clients will get pleasure from zero upkeep charges whereas present account holders will additional get pleasure from as much as 5% rate of interest supplied, they keep a minimal common stability of N100,000.


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