Parallex Bank Limited is a Nigerian commercial bank, licensed by the Central Bank of Nigeria. It offers personal banking, business banking, and agency banking services, focusing on digital innovations to enhance customer experience[3][5]. The bank targets individuals and businesses across Nigeria, aiming to provide limitless banking solutions[3]. Parallex Bank's unique selling proposition is its pioneering transition from a microfinance bank to a commercial bank, leveraging technology to deliver unparalleled value to stakeholders[1][3]. Its services include customized savings plans, loan products, and a user-friendly mobile app[5].