Africa & Middle East
|Date joined:||4 March, 2013|
|Initiatives:||Principles for Responsible Banking|
Polaris Bank Ltd. is one of Nigeria’s top financial institutions with over 373 branches and cash centres across Nigeria offering premium financial services. It operates as a group that provides facets of financial products and services powered by a purpose built technological framework that supports the service delivery process to customers.
Polaris Bank Limited and Sustainability
Polaris Bank shall continue to focus on long term social and environmental sustainability through ethical business practices that support the building of a prosperous society while contributing to a safe and viable environment. The Bank understands the inextricable link between enhancing the quality of life of people, its business activities and the long term sustained growth of its business. As such the Bank is committed to sound and responsible business practices, including the incorporation of environmental and social risk considerations into its credit and investment appraisal processes to ensure that the business activities they finance have a net positive impact on society and environment.
Polaris Bank has adopted Sustainability as a business strategy and opportunity for their future growth. In line with their focus to implement sustainability in the Nigerian financial services industry, they are convinced on the need to extend their sustainability focus beyond industry regulation and to create a measurable framework that will contribute to a more sustainable planet and build limitless opportunities. They are confident that this can be achieved through a deliberate plan and commitment to sustainability values and responsible business practices. Hence, their sustainability activities are woven around three cardinal precept as follows:
- Sustainable Economic Growth
- Responsible Banking
- Community Investments
- Financial Literacy and Inclusion