Polaris Bank is a leading digital commercial bank in Nigeria, operating over 250 locations nationwide. Under the leadership of the Managing Director/CEO, Kayode Lawal, the Bank has achieved significant milestones, including winning Business Day’s Digital Bank of the Year Award for four consecutive years (2021-2024). Its diverse offerings cater to all customer segments, with digital banking services like VULTe, internet banking, USSD (*833#), and other customized solutions. Polaris Bank provides a wide range of retail, SME, and corporate banking products tailored to specific market needs.
The Bank’s commitment to sustainable banking extends beyond regulatory obligations, focusing on impactful Corporate Social Responsibility (CSR) initiatives. Polaris Bank emphasizes inclusivity, operating as an equal opportunity employer without discrimination based on tribe, religion, race, social class, or gender.
Through innovation and customer-centric solutions, the Bank continues to expand its market share and enhance financial performance.
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.
With a footprint of over 350 branches across the country, Polaris Bank prides itself in delivering exceptional customer experience, leveraging best in class/state of the art Information Communication Technology (ICT). By focusing on ICT solutions across multiple service delivery channels (mobile banking, ATMs, POS and online platforms) Polaris Bank maintains a pivotal role in the Nigerian banking industry, providing customers with simple, convenient and secured banking services.
To be the preferred partner providing superior financial solutions for our customers
We will leverage our knowledge of an ever changing world to design innovative solutions that facilitate our customers' enterprise
We're not afraid to be different - Boldness
We're here today, we'll be here tomorrow - Sustainability
When it's same old, it's not us - Innovative
When we stop learning, we die - Continuous Learning
When we promise, we deliver - Trustworthy
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). The new management will develop an innovative, but sustainable growth strategy that prioritizes the needs and aspirations of our current customers.
Polaris Bank is well positioned to deliver industry-defining products, services and platforms across all the key market segments of the Nigerian economy; serving a wide customer base in the public and private sector, including large and small corporate organizations, SMEs, professional groups and institutions. The Bank has correspondent banking relationships with notable players in the international financial service sector, largely to support its customers’ requirements for project and trade finance. The Bank also plays strongly in the following areas, among several other banking operations:
Retail Banking, Commercial Banking, Corporate Banking, Investment Banking, International Operations and Trade Services, Treasury and Public Sector
