BoI recognised for financial inclusion initiatives
The Bank of Industry (BoI) has been honoured at the just-concluded Sustainability, Enterprise and Responsibility Awards also known as The SERAS CSR Awards 2021.
Specifically, BoI won the award for the ‘Best Company in Financial Inclusion’ in recognition of its development impact in providing solutions to ensure that financial services are more accessible to unbanked and under-served groups. The Bank also received the award for ‘Best New Entry.’
Speaking on the awards, Managing Director/Chief Executive Officer, Bank of Industry, Olukayode Pitan, said “We are honoured to be recognised for our continuous efforts and strategic investments aimed at improving financial health and inclusion within Nigeria’s business landscape and economy.
“We remain committed to galvanizing more resources to scale up impact for economic, environmental and social responsibility, in line with our business strategy for sustainable development.
“These awards align with our mission of transforming Nigeria’s industrial sector through sustainable business practices as Africa’s leading Development Finance Institution operating under global best practices.”
The ‘Best Company in Financial Inclusion’ award highlights the Bank of Industry’s efforts in deepening financial inclusion for micro-enterprises through the development and execution of innovative financial and non-financial products that promote the use of technology and intermediaries to provide low-interest financing solutions to businesses in the informal, semi-formal and formal sectors.
The Bank remains committed to promoting sustainable development by creating long-term value through an integrated approach to social, environmental and economic development across our business operations and practices.