LAPO gets Development Bank’s recognition


LapoLAPO Microfinance Bank Limited, a microfinance institution has won five awards in categories from the Development Bank of Nigeria.

A statement said the award giving ceremony held at the DBN’s 5th year anniversary event with LAPO winning the awards as the “MfB with the Highest Impact on Women  MSMES, MfB with the Highest Impact on MSMES in Nigeria, MFI with the Highest Impact on the South-West Zone, MFB with The Highest Impact in the South-South Zone and DBN Platinum Service Ambassador- Bank Category 2021.”

The Head, Communications and Branding, Oluremi Akande, said,  “the management of LAPO MfB appreciates the Development Bank of Nigeria for these awards; it is an explicit recognition of the bank’s immense contributions to the growth and development of MSMEs and impact made on members of low-income households through the provision of easy access to credit and other social interventions in a sustainable manner”

Akande added that pro-women development focused institution is a core focus.

“We are deliberate about financial and social empowerment for female entrepreneurs who actively participate and contribute to the economy primarily through entrepreneurial business activities.”

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