Limitless banking for everyone
Parallex Bank Limited was incorporated as a limited liability company on the 22nd day of May 2020, having successfully converted from Parallex Microfinance Bank (a National Microfinance Bank incorporated in 2008 as a Unit MFB) to a commercial bank duly licensed by the Central Bank of Nigeria to carry out commercial banking services. This is a first-of-its-kind achievement in the Nigerian banking space.
At Parallex Bank, we are poised to be the preferred financial solutions provider redefining customer experience through digital innovations. This we will achieve by leveraging the best talents and technology to deliver unparalleled value to our stakeholders. With a strong ecosystem anchored around the customer, we offer a superior product portfolio that is customer-focused and innovative, yet simple.
Parallex Bank is enriched with a workforce of seasoned, dynamic, and visionary professionals with the right mix of skills, expertise, and experience. And this is complemented by a forward-looking Board of Directors.
Parallex Bank is located at the heart of the commercial center of Lagos with strategically placed branches across three geopolitical zones in Nigeria, including the Federal Capital Territory, Abuja.

Who We Are
Our Mission
We leverage the best talent and technology to deliver unparalleled value to all our stakeholders.

Our Vision
To be the preferred financial solutions provider, redefining customer experience through innovation.
Our Core Values
Professionalism
We are committed to conduct ourselves in a manner consistent with the highest standards of integrity.
Innovation
We are entrepreneurial, pursuing new and bold ideas to transform what we do.
Excellence
We take pride in our ability to execute flawlessly, exceed expectations and create superior value.
Customer Centric
We start and end with the customer, meeting their needs is our priority.
Collaboration
We are open to working with various stake holders to amplify our impact and capability.
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