Polaris Bank has been recognized as Nigeria’s Best Bank in Micro, Small, and Medium Enterprises (MSMEs) lending at the inaugural MSME Finance Awards 2024. The lender was honored for its commitment to supporting MSMEs through various funding channels.
The award, presented by Nairametrics and The Economic Forum, acknowledged Polaris Bank’s provision of sustainable finance and funding to entrepreneurs in the MSME sector.
“We are honoured to receive this prestigious award, recognising our commitment to empowering Nigerian MSMEs,” said Managing Director, Polaris Bank, Mr. Kayode Lawal.
“Micro, small, and medium businesses are pivotal to national economic growth; they are the backbone for large corporations and drive innovation and job creation.”
Lawal commended Nairametrics and The Economic Forum for the award, assuring of Polaris Bank’s continued commitment to MSME empowerment.
“We are grateful to Nairametrics and The Economic Forum for this recognition, acknowledging our team’s relentless efforts to provide innovative and exceptional services to Nigeria’s MSME sector.”
Nairametrics explained that the award honored financial services organizations making a real impact on MSMEs in Nigeria, ensuring sustainable growth.
Polaris Bank has committed billions of naira in loans to support MSME operations, earning multiple awards, including the 2022 and 2023 MSME Bank of the Year award.
