LOTUS Bank, a non-interest and ethical financial institution, has been named the ‘Best Ethical and Financial Inclusion Bank of the Year’ at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

The recognition underscores LOTUS Bank’s unwavering commitment to advancing ethical banking, financial inclusion, and sustainable prosperity across Nigeria. Since its inception, the bank has consistently championed innovative non-interest banking solutions designed to empower individuals, MSMEs and communities through transparency, partnership and shared value creation.

Speaking on the award, the Acting Managing Director of LOTUS Bank, Dr. Isiaka Ajani-Lawal, expressed gratitude to the organisers and reaffirmed the bank’s mission to redefine banking through ethics and impact.

“This award reflects our core philosophy that banking should be a force for good. At LOTUS Bank, we are intentional about building a system that not only provides access to finance but does so with integrity, empathy and innovation. We dedicate this recognition to our customers, partners and employees who continue to believe in our vision of ethical prosperity”, he said.