Polaris bank latest news
Here are some of the latest news and updates about Polaris Bank:
Recent News
- Polaris Bank Appoints New Managing Director: Polaris Bank has appointed Mr. Tokunbo Abiru as its new Managing Director/Chief Executive Officer. Abiru has over 30 years of experience in the banking industry and has held various leadership positions in banks such as First Bank of Nigeria and Stanbic IBTC Bank. (Source: BusinessDay)
- Polaris Bank Launches Digital Banking Platform: Polaris Bank has launched a digital banking platform, Polaris Bank Mobile App, which allows customers to perform various banking transactions, including account opening, fund transfer, and bill payment. (Source: Vanguard)
- Polaris Bank Partners with Mastercard to Launch Contactless Payment Solution: Polaris Bank has partnered with Mastercard to launch a contactless payment solution, allowing customers to make payments without the need for cash or cards. (Source: ThisDay)
- Polaris Bank Wins Best Bank in Nigeria Award: Polaris Bank has won the Best Bank in Nigeria award at the 2022 African Banker Awards. The award recognizes the bank's commitment to innovation, customer service, and financial inclusion. (Source: African Banker)
- Polaris Bank Launches Agric Financing Scheme: Polaris Bank has launched an agricultural financing scheme aimed at supporting farmers and agricultural businesses in Nigeria. The scheme provides financing for agricultural projects, including crop production, livestock farming, and agro-processing. (Source: The Nation)
Recent Developments
- Polaris Bank's Profit Rises by 23%: Polaris Bank's profit after tax rose by 23% to N24.4 billion in the first half of 2022, driven by growth in interest income and reduced impairment charges. (Source: BusinessDay)
- Polaris Bank's Customer Base Grows by 15%: Polaris Bank's customer base has grown by 15% to over 5 million customers in the first half of 2022, driven by the bank's expansion into new markets and its digital banking platform. (Source: Vanguard)
- Polaris Bank's Assets Rise by 12%: Polaris Bank's total assets rose by 12% to N3.4 trillion in the first half of 2022, driven by growth in loans and advances and investments. (Source: ThisDay)
Please note that the news and updates provided are subject to change and may not be up-to-date. It is always a good idea to verify the information through reputable sources.