Business
Lapo Emerges Microfinance Bank of the Year Award
LAPO Microfinance Bank Limited has emerged as the Microfinance Bank of the Year at the 9th edition of Businessday Bank’s and other Financial Institutions (BAFI) Awards.
The Head of Communications and Branding, LAPO, Oluremi Akande, stated in a statement that the bank has won the award for eight consecutive times.
In his word, “This is an implicit indication of LAPO’s unflinching commitment to its over 30 years mandate of empowering members of low-income households, impacting communities and environment in a sustainable way.
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“This award is dedicated to our over 6 million loyal clients spread across 34 states of the country, including the Federal Capital Territory (FCT), our extremely dedicated Staff, Board and Management who in spite of visible challenges have an uncommon resolve to serve our various stakeholders’ interests sustainably and profitably.”
Akande said LAPO MfB remains committed to its over 30 years mandate of empowering members of low-income households and owners of MSME by providing easy access to micro-credits, social interventions funding and advocacy support.
LAPO Microfinance Bank is an off-shoot of Lift Above Poverty Organisation (LAPO), which started in the late 1980s as a pro-poor development institution committed to the empowerment of low income Nigerians through the provision of responsive financial services delivered on a sustainable basis.