LAPO Microfinance Bank Honored at BAFI 2023 for the Ninth Year in a Row

LAPO Microfinance Bank has once again received the coveted “Microfinance Bank of The Year” award, marking the ninth consecutive year of this remarkable achievement, News About Nigeria reports.

The recognition took place at the prestigious 2023 Businessday & other Financial Institutions (BAFI) Awards.

This outstanding accomplishment underscores the pivotal role that LAPO Microfinance Bank plays in socio-economic development. For over three decades, the bank has dedicated itself to improving the lives of individuals and businesses across Nigeria, and this latest accolade is a testament to the bank’s enduring commitment to its mission.

The award specifically acknowledges LAPO’s exceptional contributions to the microfinance sector, as well as its consistent impact on the livelihoods of countless individuals and businesses throughout the nation.

Speaking on this notable achievement, the management of LAPO Microfinance Bank expressed deep gratitude to Businessday Media, the organizers of the BAFI awards. They also took the opportunity to extend their appreciation to the dedicated staff and loyal clients of the bank.

Oluremi Akande, Director of Communications, LAPO Microfinance Bank, stated “This award is a recognition of LAPO MfB’s industry leadership, its immense and sustained contributions to the growth and development of the microfinance sub-sector through the provision of easy access to responsive financial products and services to a diverse audience with a critical focus on triple-bottom-line returns.”

LAPO Microfinance Bank remains committed to its over 30 years’ mandate of social and economic empowerment of members of low-income households and owners of micro, small, and medium enterprises in a sustainable manner.