The Managing Director of Parallex Bank, OLUFEMI BAKRE, has said that the disruption to the banking industry from the financial technology sector will have no effect on its value proposition.

BAKRE said this at the official opening of its Marina branch in Lagos Island. 

He also said the deployment of solution-driven banking applications by Parallex Bank has enabled it to offer bespoke, innovative offerings, swift response to customers’ needs and prompt support to customers with first-class services.

The Managing Director of Parallex Bank further noted that the management established the Marina Branch to extend its first-rate services to more businessmen and women, traders, civil servants, artisans, importers and exporters.

He further disclosed that the bank is set to open five new branches in strategic locations in Lekki, Abuja, Ibadan, Warri and Isolo in the coming weeks. 

The Chairman of Parallex Bank, Dr ADEOLA PHILLIPS, stated that the bank is not only expanding branches but also deepening its innovation and impacting businesses.

According to her, the bank is committed to being at the forefront of efficiency, corporate governance, business support and the desire to exceed stakeholders’ expectations.