Polaris Bank gets new board, management after sale by CBN

Posted by - October 25, 2022

Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board will be led by the existing chairman M K Ahmad, who will be joined on the board by six non-executive directors and three executive

Polaris Bank unveils ‘Save & Win’ campaign

Posted by - October 10, 2022

Polaris Bank has commenced a nationwide savings campaign tagged: Polaris ‘Save & Win’ Promo to give away millions of Naira in cash rewards to its loyal and prospective customers who would partake and emerge winners in the promo. Four millionaires will emerge alongside 4,379 Nigerians who will be rewarded with other cash gifts from N100,000

Polaris Introduces ‘Polaris Business Loan’ for SMEs

Posted by - January 22, 2021

Polaris Bank has introduced a cashflow lending product for small and medium scale enterprises (SMEs) tagged: ‘Polaris Business Loan.’ The facility offers both existing and new SME customers of the bank the opportunity to access quick loans for stock replacement, equipment finance, working capital and business expansion to sustain and scale up in the business.

Customers applaud Polaris Bank on Dollars Payout

Posted by - January 6, 2021

Polaris Bank said it has continued to receive plaudits from its customers since it commenced payment of US dollars to beneficiaries of money transfer in line with Central Bank of Nigeria’s (CBN) recent payout policy directive. The bank noted, shortly after it sent out notices to customers that beneficiaries of money transfer who received their

Polaris Bank begins dollar payout to money transfer recipients

Posted by - December 15, 2020

Polaris Bank has commenced payment of US dollars to all beneficiaries of money transfer across all its branches in Nigeria. According to a notice from the bank to its customers, beneficiaries of money transfer can now receive their remittance in US dollars in cash or directly into a domiciliary account in the bank. The service

Polaris Bank Appoints Mr. Segun Opeke as Executive Director

Posted by - September 22, 2020

Polaris Bank Limited has announced the appointment of Mr. Segun Opeke as an Executive Director of the bank. The appointment was made by the bank’s Board of Directors and the Asset Management Corporation of Nigeria (AMCON). The development comes on the heels of the recent appointment of Mr. Innocent C. Ike as the Acting Managing

Polaris Bank restates commitment to SMEs

Posted by - March 16, 2020

Polaris Bank has reaffirmed its commitment to the promotion of small and medium scale enterprises (SMEs), especially those operating in the beauty and wellness industry in Nigeria. This was revealed by Polaris Bank Managing Director/CEO, Mr. Tokunbo Abiru while disclosing plans by the bank to support this year’s Beauty Souk – the niche fair for

Polaris Bank introduces Agency Banking Solution

Posted by - February 7, 2020

Polaris Bank, a customer-centric and future determining bank positioned to deliver innovative solutions has unveiled its agency banking solution to serve as a vehicle to reach the unbanked and underbanked, as well as to deepen financial inclusion across Nigeria. According to a statement, the Polaris agency banking solution known as ‘SurePadi,’ was designed to provide