Parallex Bank Limited was incorporated as a limited liability company on the 22nd day of May 2020, having successfully converted from Parallex Microfinance Bank (a National Microfinance Bank incorporated in 2008 as a Unit MFB) to a commercial bank duly licensed by the Central Bank of Nigeria to carry out commercial banking services. This is a first-of-its-kind achievement in the Nigerian banking s
pace. At Parallex Bank, we are poised to be the preferred financial solutions provider redefining customer experience through digital innovations. This we will achieve by leveraging the best talents and technology to deliver unparalleled value to our stakeholders. With a strong ecosystem anchored around the customer, we offer a superior product portfolio that is customer-focused and innovative, yet simple. Parallex Bank is enriched with a workforce of seasoned, dynamic, and visionary professionals with the right mix of skills, expertise, and experience. And this is complemented by a forward-looking Board of Directors. Parallex Bank is located at the heart of the commercial center of Lagos with strategically placed branches across three geopolitical zones in Nigeria, including the Federal Capital Territory, Abuja.
