Polaris Bank Form
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People also ask
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Is Polaris Bank a strong bank?
Polaris Bank, Nigeria's leading digital retail commercial bank, has been adjudged as the “Best Bank for MSMEs” for the third consecutive year, firmly securing its competitive edge as the leading bank for micro, small and medium businesses.
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Who owns Polaris Bank?
Last year, the Central Bank of Nigeria (CBN) said it completed the sale of Polaris Bank to Strategic Capital Investment Limited (SCIL), the new core investor. SCIL was said to have paid an upfront consideration of N50 billion to acquire 100 percent of the equity of the bank.
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Which bank did Polaris Bank merge with?
Polaris Bank assumed the assets and certain liabilities of erstwhile Skye Bank effective Friday, September 21, 2018. Mr. Omokayode Mudathir Lawal is the current MD/CEO of Polaris Bank Limited following the dissolution of the erstwhile board by the regulatory Central Bank of Nigeria (CBN).
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Which bank merged to become Polaris Bank?
Polaris Bank was established by the Central Bank of Nigeria (CBN) on September 21, 2018 to offer commercial banking services to the Nigerian public. The bank commenced services on the same day, having purchased the assets and assumed certain liabilities of the defunct Skye Bank.
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Who is the real owner of Polaris Bank?
Polaris Bank Limited is a commercial bank based in Nigeria. It is licensed by the Central Bank of Nigeria, the country's banking regulator. In October 2022, the bank was acquired by Strategic Capital Investment Limited.
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How do I contact Polaris Bank customer care?
Complaints can be made via the following channels; i. Contact our 24/7 Yes Center via the following lines – (070075932265), 08069880000, 01-4482100, 01-2705850, 01-2799500, Yescenter@Polaribanklimited.com ii.
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What happened to Polaris Bank?
On January 10, 2024, the regulatory Central Bank of Nigeria dissolved the board and management of Polaris Bank and appointed Kayode Lawal as new Chief Executive Officer.
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Is Polaris Bank safe?
Polaris Bank remains ISO 22301 certified and operates within the protocols: A Business Continuity Management certification which ensures the timely resumption of business operations in the event of an incident occurring and the protection of personnel and the organization.
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