Financial institution wins two BAFI awards

Rising financial institution, PremiumTrust Bank, has received ‘Nigeria’s Fastest Growing Bank 2022’ and ‘Bank of The Year 2022 (Sports Development)’ honours from management of BusinessDay Banks & Other Financial Institutions (BAFI) Awards Committee. 

During a brief ceremony at the weekend, management of BAFI Awards, noted that PremiumTrust, which commenced operations in April 2022, clinched the ‘Nigeria’s Fastest Growing Bank 2022’ award in recognition of its record-breaking feat, opening seven major branches within its first five months with verifiable month-on-month growth on key measurement indices.

The bank has also been able to complement brick and mortar with digital innovations and offerings channelled at providing financial services to customers in its nine month-long operations. 

On the other hand, the second award came on the heels of the financial institution’s deliberate efforts to continuously promote sports and youths development in Nigeria.

In his remarks, the Managing Director and Chief Executive Officer, Emmanuel Emefienim, expressed delight at the recognitions, noting that the awards would motivate the bank for higher feats.

His words: “We are glad that all the good work done in the past couple of months is beginning to yield positive results. The BAFI award will serve as tonic to ensure we continue on the path of growth, drive branch expansion, but with more emphasis on digital deployments, as we strive to become one of Nigeria’s leading digital banks in the coming years.

“In 2022, we were Lead Sponsor/Sole Banker to the 21st National Sports Festival; we co-sponsored and kitted Bayelsa Queens FC who represented Nigeria at the CAF Women’s Champions League Competition in Morocco, where they returned with a Bronze Medal; PremiumTrust also signed on two world class renowned Athletes, Tobi Amusan and Ese Brume as Brand Ambassadors; this was done to encourage them, provide training funds to enable them compete and excel in their chosen field and do more for our country – Nigeria. This is in addition to our three-year partnership deal with the Athletics Federation of Nigeria. All of these put together made us stand out as worthy winners of the Bank of The Year 2022 (Sports Development) Award.”

Also commenting on the recognitions, the Managing Director, BusinessDay Media Limited, Mr. Ogho Okiti, applauded the efforts of PremiumTrust Bank in delivering an impressive result across all indices despite being in existence for a few months whilst noting that the Bank’s positive records and achievements are a testament to the hard work and efforts that were put in place before the Bank was established.

The BAFI Awards is supported by the BusinessDay Research and Intelligence Unit (BRIU) and nominations for the award are the culmination of a rigorous review process.