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Parallex Bank
is a Nigeria-based financial institution that offers personal and commercial banking products and services for individuals and businesses...
Read more
Overview
Competitors
Funding
News & Insights
Parallex Bank
is a Nigeria-based financial institution that offers personal and commercial banking products and services for individuals and businesses...
Read more
Managing Director
Olufemi Bakre
CEO Approval Rating
90/100
Weigh In
2020
Lagos
Lagos
Private
Banking, Financial Services and Insurance
Retail & Business Banking
http://www.parallexbank.com
Est. Annual Revenue
$5.0-25M
Agree?
Yes
No
Est. Employees
100-250
Agree?
Yes
No
Funding
$10M
News
Latest News
Mar 10, 2026
Business Day
Parallex Bank: Parallex Bank meets CBN's capital rule as deadline nears
Feb 12, 2026
StreetInsider
Press Release: Parallex Bank : Parallex Bank Featured in Forbes Scotland Editorial on Nigeria's Digital Banking and Financial Inclusion
Jan 20, 2026
THISDAY
Parallex Bank: Parallex Bank Backs Future Africa Leaders Awards
Jan 19, 2026
Leadership Nigeria
Parallex Bank: N4.5bn Debt: Parallex Bank Accuses Logistics Firm Of Court Process Abuse
Dec 12, 2025
Business Day
Parallex Bank: Parallex Bank charges compliance officers on changing regulatory environment
Nov 17, 2025
THISDAY
Parallex Bank: N7.1bn LC Dispute: Firm Drags Parallex Bank to Court, Seeks Order Freezing Bank's Funds Nationwide
Oct 31, 2025
Leadership Nigeria
Parallex Bank: Parallex Bank CEO Olufemi Bakre Honoured At UNILAG Anniversary
Oct 17, 2025
THISDAY
Parallex Bank: Parallex Bank Wins 'Digital Financial Groundbreaker of the Year' Award
Sep 02, 2025
THISDAY
Parallex Bank: Parallex Bank Secures ISO Recertification, Reinforces Leadership in Security, Others
Aug 28, 2025
Leadership Nigeria
Parallex Bank: Bank Unveils N4bn Financial Support For Lagos LGAs, LCDAs
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