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Christ Embassy owned micro Finance bank becomes first Nigerian bank to transition into a commercial bank

Christ Embassy owned micro finance bank has become the first Nigerian micro bank to transition into a commercial bank.

Known as Paralex Bank transitioned into a commercial bank just last week Friday, with the Highly Esteemed Pastor/Dr. Adeola Philips as Chairman of the board and Mr. Olufemi Bakre as the Managing Director, having it’s headquarters in Victoria Island, Lagos.

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