A bank built by people who read the fine print
We started PaalBank because banking should be precise, transparent and genuinely on your side — not a maze of fees and hold music.
Who we are
Founded in 1989 and rebuilt for the digital era, PaalBank serves business, private and off-shore clients. We run a single, audited double-entry ledger — the same engine behind our corporate treasury — so the account on your phone is held to institutional standards.
We are deliberately small where it counts: a security desk you can phone, relationship managers who know your name, and product decisions made by people who use the app themselves.
Vision & mission
Our vision
To be the bank people recommend to the people they love — trusted with the things that matter most.
Our mission
To run money with institutional precision and human service, and to make every fee, rate and record plain to see.
The people accountable for your trust
Ngozi Okafor
Three decades in retail and corporate banking across West Africa.
David Mensah
Former treasury head; keeps every kobo reconciled.
Amara Bello
Leads our ISO 27001 programme and the security desk.
Tobi Adeyemi
Runs onboarding, payments and customer care.
Build the bank you'd want to use
We hire people who care about craft and customers in equal measure.
- Engineering — backend, platform and security
- Customer care and relationship management
- Risk, compliance and internal audit
- Operations and payments
Open an account this week
Tell us who you are and a specialist sets up the right account, properly, from day one.