Polaris Bank

Polaris Bank Limited, a highly regarded commercial banking institution in Nigeria, is known for its innovative approach to providing financial solutions and services to customers across the country. Established in September 2018, the bank emerged after the Central Bank of Nigeria (CBN) revoked the license of the then Skye Bank Plc due to its inability to maintain robust capital adequacy. The CBN was able to stabilize the bank by handing it over to the state-owned Asset Management Corporation of Nigeria (AMCON), which rebranded it as Polaris Bank Limited.

Since its inception, Polaris Bank has maintained a strong presence in the Nigerian banking industry, operating through an extensive network of over 350 branches and numerous ATMs. The bank caters to customers from various sectors, including individual account holders, small and medium-sized enterprises, and large corporations. Offering a diverse range of financial products and services, Polaris Bank ensures that its clientele's needs are met, such as savings and current accounts, personal and corporate loans, trade financing, and a wide array of digital banking solutions.

One remarkable attribute of Polaris Bank is its commitment to leveraging technology to improve financial services. The bank has made significant investments in state-of-the-art technology infrastructure to deliver numerous banking channels, including internet banking, mobile banking, and USSD platforms. This continuous drive for innovation enables its customers to experience seamless and efficient transactions, providing them with the utmost convenience in managing their finances.

Founded: 2018

Headquarters: Lagos, Nigeria

Website: https://www.polarisbanklimited.com/