Community Investments

Financial Literacy and Inclusion

The Bank believes sustainable economic development cannot be achieved without the ability of customers to make informed judgements and effective resolutions. Polaris Bank dedicates time and resources to helping customers’ including young adults get empowered with the knowledge, skills and confidence they require to make sound financial decisions.

To demonstrate its commitment, the bank’s Sustainability team delivers Financial Literacy seminars/classes in several schools (primary and secondary) every quarter across the nation, in addition to contributing various education materials to every school visited. To date, the team has been able to reach over 80,000 students in 180 schools across Nigeria.

The Bank will continue to work with the Central Bank of Nigeria (CBN) for greater impact and coverage through various initiatives in the years ahead.

Corporate Social Responsibility

We are committed to being a responsible organization and making a positive contribution to the society and the environment.

Corporate Social Responsibility inspires trust in our brand, develop strong relationships with our stakeholders, and create long-term value for the society and our business. Like everything else we do, CSR at Polaris is founded on ethical business practices and effective governance. We strive to work with suppliers and stakeholders to operate responsibly and support initiatives that have positive social, environmental and business impacts. 

Our focus on creating value for society, the environment and our business is reflected in the depth of our commitments across Education, which the Bank recognizes as one of the most significant indicators of social progress, Health & Safety which is at the core of a functional society and cultural & civic projects that promote and preserve our societal values.

The goal of developing a generation of educated populace and supporting their growth for the overall benefit of the society accounts for a significant fraction of our total CSR spend. Our commitment in this regard aligns with our core value of continuous learning which makes us a learning organization. This effort is geared towards empowering children and youths thereby contributing to the growth of the educational sector. 

The Cultural & Civic Projects sector is made up of security, accounting for over 90% of our commitment in this sector. The projects embarked upon shows our unrelenting commitment to ensuring that businesses are conducted in a safe environment which aligns with government efforts at combating insecurity in the country.

Our footprint in the health & safety sector includes the provision of facilities to aid the fight against deadly diseases particularly cancer. The Bank has consistently given hope to the female folk in the country through its free breast cancer screening initiative.

The bank in partnership with Care Organization Public Enlightenment (C.O.P.E); its NGO partner has provided free breast cancer screening to over 150,000 women and remains committed to continuing in that stride in the years to come.

In 2018, the Bank executed various CSR initiatives to support the fight against Cancer:

  • Free monthly breast screening for women.

The Bank in collaboration with C.O.P.E hosted 40 breast cancer survivors most of whom were beneficiaries of our support initiative to an end-of-year get together. 

Employee Volunteer Scheme

Employee Volunteer Scheme is one of Polaris Bank’s strong Corporate Social Responsibility initiatives. The scheme has been institutionalized in Polaris Bank for over three years with the objective of affecting community productivity on a small scale, which will in turn evolve into significant benefits for national development in the long run. In doing this, we believe we will secure a future, based on sustainability which is key to our development and formation as an enduring institution.

We are focused on positively impacting communities through sound ethical business practices that support the building of a prosperous society while also contributing to a safe and viable environment. As a leading commercial bank in Nigeria, we are aware of our responsibilities towards enhancing the quality of life of the people in our community, protecting our environment and ensuring the growth of our business.

Polaris Bank strives to give all its employees the opportunity to achieve organizational, professional and personal goals in a respectful and inclusive workplace mobilized and supported by leadership at all levels. In Polaris Bank, employees are not locked in a strait jacket 8am to 5pm work environment. We know that they live in the society and as such encourage them to take initiatives that help resolve the challenges in the society. We believe that by giving a helping hand to society, they become more fulfilled persons and also become more committed to helping the Bank achieve its goals.

Under the aegis of the Employee Volunteer Scheme (EVS), the bank’s staff members across Nigeria mobilized voluntary cash donations to acquire relief materials such as food items, toiletries and clothing materials valued at almost N20 million for Internally Displaced People (IDPs) in specific locations and also donated towards the provision of infrastructure and learning materials/upgrade in schools.