Polaris Bank Archives — City Business News

October 24, 2022 No Responses

Union Tasks Polaris Bank New Owners On Job Security

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has urged the new owners of Polaris Bank to ensure that the jobs of the existing staff are secure. The union in a statement issued by its Secretary General,...

October 22, 2022 No Responses

Polaris Bank Gets New Board, Management Team

Polaris Bank has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 percent of its equity by Strategic Capital Investment Limited (‘SCIL’). As part of the change in ownership, SCIL has appointed a...

October 21, 2022 No Responses

New Core Investor Acquires Polaris Bank

A new core investor, Strategic Capital Investment Ltd. (SCIL) has acquired Polaris Bank, The Central Bank of Nigeria (CBN), disclosed on Thursday. A statement signed by Mr Osita Nwanisobi, Director, Corporate Communications and posted on CBN website on Thursda...

August 6, 2022 No Responses

Management Debunks Sale Of Polaris Bank

The management of Polaris Bank has denied the purported sale of the bank by the Central Bank of Nigeria (CBN) to a private individual for N40 billion. In a statement on Friday, the Bank said such speculative publication was a...

March 27, 2022 No Responses

CIG Motors, Polaris Bank Seal Auto Finance Partnership

By Moses Ebosele, ebosele@hotmail.com Representative of GAC brand in Nigeria, CIG Motors has sealed partnership with Polaris Bank as part of measures to make vehicle acquisition and ownership affordable to Nigerians. Sp...

February 18, 2022 No Responses

Polaris Bank Supports Kwara State Polytechnic Distance Learning Center Construction With N5m

Polaris Bank Limited has reiterated its commitment towards improving the standard of education in Nigeria through its Corporate Social Responsibility interventions. The Bank made the commitment in Ilorin, Kwara state capital on Tuesday at the presentation of ...

December 2, 2021 No Responses

Polaris Bank Reaffirms Support For SMEs, Sponsors 2021 Fashion Souk

Polaris Bank has reaffirmed its commitment to the promotion and growth of Small and Medium Enterprises (SMEs), especially those operating in the fashion industry in Nigeria.This position was emphasized in a statement issued by the Bank while disclosing plans t...

June 3, 2021 No Responses

Polaris Bank Highlights Digital Banking Platform Benefits

By citybusinessnews@yahoo.com — Polaris Bank has restated that its newly-launched digital banking platform, VULTe, is a quick self-service innovation aimed at delivering greater value and benefits to existing and new customers of the Bank. The Chief D...

February 10, 2021 No Responses

Polaris Bank Rewards First Millionaire, Others In ‘Save & Win’ Promo

Mr Lucky Okunzuwa, a customer with the Polaris Bank, Akpakpava branch, Benin, Edo State, has emerged as the first millionaire at the maiden draw of the bank’s ongoing nationwide Save & Win promo. The bank in a statement on Tuesday...

September 20, 2020 No Responses

Polaris Bank Appoints Opeke Executive Director

The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s Company Secretary, Mr Babatunde Osibodu, announced the appointment in a statement. Osibodu ex...

August 30, 2020 No Responses

Polaris Bank Appoints Innocent Ike As Acting MD/CEO

The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, have announced the appointment of Mr Innocent Ike, as the Acting Managing Director/CEO of the Polaris Bank Limited, effective September 1, 2020.&nb...