The Bank of Industry (BOI) has clinched three awards as it reiterated its commitment to driving industrial growth and job creation.
The Managing Director/Chief Executive Officer of BoI, Olukayode Pitan, stated this while reacting to international awards won by the bank in recognition of its developmental impact, commitment to sustainable banking principles and innovative capital raising activities.
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The bank received the “Best Development Bank-Africa 2022” award at the International Banker 2022 Banking Awards; “Most Sustainable Bank 2022-Nigeria” at the World Finance Banking Awards; “Best SME Partner Bank of the Year” and “CEO of the Year” at the European Magazine Global Banking and Finance Awards. The awards were presented in the heart of London’s financial centre.
These top honours came on the back of BOI’s impressive capital raising streak which has resulted in a total of $5bn raised in the last five years.
Commenting, Pitan said, “We are committed to driving impact in Nigeria’s industrial sector by supporting micro, small, medium and large enterprises to achieve sustained growth that generates considerable multiplier effects such as industrialisation, job creation, and poverty alleviation for the economy.
“Our dedication to building a resilient organisation that can respond to the needs of our customers and operating challenges is unwavering. In the past five years, we have raised over $5bn from the International Debt Market towards enhancing our capital base to support our customers and the real sector in Nigeria.”
Between 2015 and June, 2022, BoI funded over 4.3 million enterprises with over $3.1bn (N1.36trn) resulting in creating 9.6 million jobs.
