The Alternative Bank Limited

The Alternative Bank Limited is a non interest digital bank redefining how individuals and businesses manage money in Bariga, Lagos and across Nigeria. As a fintech and financial technology institution regulated by the Central Bank of Nigeria, The Alternative Bank brings together ethical non interest banking principles, modern technology and human centred service to create a refreshing experience for customers who want more from their bank than routine transactions.

From its base in Lagos, The Alternative Bank Limited serves a broad community of customers: young professionals, families, entrepreneurs, SMEs and larger organisations looking for Sharia compliant financial solutions, ethical investment opportunities and seamless digital banking. Whether you are opening your first personal account, scaling a growing business or looking for sustainable investment products, the bank positions itself as a long term partner focused on helping you save, grow and manage wealth with clarity and transparency.

Built as a digital first institution, The Alternative Bank Limited provides banking that fits into everyday life. Customers consistently highlight how easy it is to get started, use the app, receive cards and access responsive support, which makes the bank a strong choice for anyone in Lagos and beyond who expects both innovation and reliability from their financial partner.

Services & Specialties

The Alternative Bank Limited offers a wide range of non interest banking services for both personal and business needs. For individuals, core offerings include personal accounts, savings accounts, current accounts and domiciliary accounts, supported by debit cards, prepaid cards and Afrigo cards for local and international payments. Customers can bank on web or mobile, fund their accounts, make transfers, manage cards and monitor activity in real time through the bank’s secure digital platforms.

On the business side, the bank provides corporate accounts and business accounts designed to help organisations save time and money. These solutions support everyday operations, vendor payments and payroll while aligning with Non Interest Banking (NIB) principles. The bank also offers investment and asset management products, with many customers noting the value of tools like the AltInvest platform and sustainable investment options that align with ethical and socially responsible goals.

A key differentiator is the bank’s focus on non interest digital banking backed by an Advisory Committee of Experts. Every product and process is reviewed to ensure compliance with NIB principles, offering customers confidence that their finances are managed in line with transparent and ethical guidelines. Combined with fast onboarding, doorstep card delivery, user friendly apps and attentive customer service, The Alternative Bank Limited stands out in the Lagos fintech space as a bank that blends innovation, values and practical everyday usefulness.

Why Choose The Alternative Bank Limited

• Ethical non interest banking: Operates within the Non Interest Banking framework, with an Advisory Committee of Experts providing oversight and product review.
• Digital first experience: Web and mobile platforms are built for ease of use, enabling seamless transactions from anywhere.
• Strong customer support: Customers frequently praise the bank’s responsive and friendly service, both online and in branch.
• Innovative investment options: Offers sustainable and ethical investment products, including app based solutions tailored to different financial goals.
• Flexible personal and business solutions: From personal savings to corporate accounts, services are structured to support growth at every stage.
• Regulated and established: Licensed by the Central Bank of Nigeria, with operations grounded in clear policies on privacy, security and risk management.

Location & Accessibility

The Alternative Bank Limited operates in Bariga, Lagos, with its address at 239 Ikorodu Rd, LGA, Ilupeju, Lagos 100252, Lagos placing it within a well known commercial corridor of the city. This strategic location along Ikorodu Road makes the bank accessible to customers commuting within Lagos, as well as residents and businesses in Bariga, Ilupeju and neighbouring communities who want a reliable financial institution in Lagos that combines digital convenience with in person support when needed.

Get in Touch

To explore how The Alternative Bank Limited can support your personal or business finances, visit their location in Bariga, Lagos or learn more via their website at https://www.altbank.ng/. You can open an account, download the app, or contact the support team through the bank’s official channels to discuss the non interest digital banking and fintech solutions that best match your needs.