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LAPO Microfinance Bank Wins Microfinance Bank of the Year at 13th BAFI Awards

Business1 min read
LAPO Microfinance Bank Wins Microfinance Bank of the Year at 13th BAFI Awards

LAPO Microfinance Bank has been awarded the Microfinance Bank of the Year at the 13th BAFI Awards, marking its 12th consecutive win. The bank's sustained commitment to inclusive finance and innovative approach in expanding financial access for low-income households and MSMEs in Nigeria has been acknowledged.

With a network of 500 branches across 34 states and the FCT, LAPO has disbursed over N1.7 trillion in microloans to MSMEs. The bank's focus on social impact initiatives, youth employment, and scholarship programs has contributed to its recognition in the industry.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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