Nigeria / Banks

Parallex Bank Ltd

Parallex Bank Ltd is listed in the public Central Bank of Nigeria (CBN) register as a commercial bank. Consult the official website for available services and current terms. Inclusion in Afiwe is not a recommendation.

Regulator: Central Bank of Nigeria (CBN)
Country and institution type: Nigeria, Commercial bank
Official site: Visit

Last checked: 21 Oct 2026. Regulator listings can change; confirm current status using the regulator register and the provider. Inclusion is not an endorsement.

Regulator-published bank rates

Rates are published by the regulator for the date shown. Banks may have changed them since — confirm with the bank.

Bank-level publication figures, not prices for any named product. Central Bank of Nigeria (CBN) lending figures use its GENERAL-sector row, not an APR or a personal quotation.

General lending range: 30.00%–32.50% p.a. (prime–maximum)

The separate source and date for each endpoint are shown below.

Savings deposit rate: 6.90% p.a.
Published by the Central Bank of Nigeria · As at 9 Oct 2026
Publication row: SAVINGS DEPOSIT / AVE. INT. RATE
General lending — prime: 30.00% p.a.
Published by the Central Bank of Nigeria · As at 9 Oct 2026
Publication row: GENERAL / PRIME
General lending — maximum: 32.50% p.a.
Published by the Central Bank of Nigeria · As at 9 Oct 2026
Publication row: GENERAL / MAX.
Average time-deposit rate: 12.57% p.a.
Published by the Central Bank of Nigeria · As at 9 Oct 2026
Publication row: TIME DEPOSIT / AVE. INT. RATE

Products (1)

Savings account Individual

Personal Savings

Not reproduced: Stated savings/deposit rate; Minimum balance or deposit; Fees; Eligibility.See provider's website

Check provider for latest rates. Last checked: 21 Oct 2026.

Separate bank-level figures are available in the regulator publication; these are not this product's quoted terms. View dated bank rates · Compare bank rates

Official information source

Official site

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