Polaris Bank
Nigeria
Founded in
21 Sep 2018 (7 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
52/90
31 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
52/90
31 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Polaris Bank
Company Information
Get to know Polaris Bank
Polaris Bank Limited was established on September 21, 2018, after taking over the assets and certain liabilities of the former Skye Bank Plc. Licensed by the Central Bank of Nigeria (CBN) to operate as a commercial bank, Polaris Bank is focused on delivering exceptional customer experience, leveraging technology to provide convenient and efficient banking solutions. The bank's mission is to be a top retail bank in Nigeria, offering a comprehensive suite of services including personal and business accounts, loans, treasury services, and digital banking platforms like VULTe.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Wealth Management
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Reviews
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Review Analytic
Tope Omole
Direct
Bad
Overall Thought
Arguably amongst the worst financial institutions in existence. The customer service is negative zero, lying they have resolved a common funds transfer issues for the past 2 months, having made several international calls, several emails, online complaints procedures. No one seems to have a clue on how to resolve this simple IT problems..How could a Domestic transfer failed through a different bank account recipients in Nigeria for two months and couldn't be resolved. They will keep you waiting for almost an hour on international calls and eventually hang up when someone finally pick up the phone. Not a great experience! Horrible.
Jul 10, 2025
amakakelvin0
Direct
Excellent
Overall Thought
This is my ever best used bank they are very reliable when it come to sending or receiving of money also they are very fast in transaction process and they tend to have a good customer services in terms off security they are the best they are very use-frendly
Aug 26, 2023
Yusuf Garba Yargamji
Direct
Excellent
Overall Thought
I've been a customer since Polaris was called Skyebank, it's no doubt a great transition changing the name, coz not only the name changed, but the service itself. It has diversified the services to Mobile apps an wallets which brought ease accessibility and swiftness for its customers. Based on my experience, Polaris would best for salary earners although I'm not one, but I really enjoyed my simple savings account. Polaris also needs more physical branchs across Nigeria.
Aug 25, 2023
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