Globally, especially in sub-Sahara Africa including Nigeria, women are often discriminated against, experience inequality and usually do not have same rights like their male counterparts. Also, despite their importance to the economies of their nations, they often find it hard to access funds.
These challenges have been attributed to several factors which combine together to deprive women of the capacity to fulfill their potential especially in the economic sector. Polaris Bank is conscious of the challenges faced by women; hence has placed a high importance to the development of women initiatives and programs in our communities.
Polaris Bank is committed to developing products and services that improve access to finance. The Bank takes pleasure in understanding its customer’s needs and strives hard to surpass them by undertaking a proactive customer engagement process using different channels, publications, email alert/SMS, social media, focus group, written communications, marketing calls, advertising and business seminars.
The Bank has continually enhanced its credit process to fully integrate the Environmental and Social Risk Analysis into the lending, monitoring and reporting process for specific project-finance transactions within a stipulated threshold.
Polaris Bank’s also places a lot of importance on increasing the various channel choices for customers towards substantial access to Banking services at all times for both the advantaged and disadvantaged individuals. For the latter, the Bank is currently upgrading various branches to accommodate wheelchair access for the physically challenged customers.