Polaris Bank has intensified its commitment to supporting Nigeria’s non-oil export sector by addressing key challenges and fostering growth opportunities.
In a recent Global Trade Forum held in Lagos, the bank convened corporate clients and essential stakeholders to collaboratively tackle trade barriers and devise innovative strategies aimed at expanding business reach in international markets.
Under the theme “Trade Export: Partnering for Growth,” Polaris Bank’s Managing Director and CEO, Kayode Lawal, highlighted the institution’s role as more than just a financier, positioning itself as a pivotal driver of sustainable economic progress.
He explained that the forum’s objective was to pinpoint and resolve the practical difficulties faced by exporters through customized financial solutions and expert advisory services tailored to their unique needs.
Lawal emphasized that the gathering was intended to uncover real-world trade and export challenges while exploring avenues where Polaris Bank could offer effective, innovative support to stimulate growth.
He reiterated the bank’s vision of being a dependable ally in economic advancement, committed to creating lasting value beyond traditional banking services.
A standout moment was the involvement of the Nigerian Customs Service delegation, led by Assistant Comptroller of Customs, Aondona Fanyama, who introduced the Nigeria Trade Portal B’odogwu.
This digital platform streamlines trade operations by enhancing transparency, expediting clearance procedures, and boosting efficiency for both exporters and importers. ACC Fanyama also pledged to promptly address specific issues encountered by two exporters using the portal, demonstrating the forum’s tangible impact on resolving real-time business challenges.
The event brought together key players from the trade ecosystem, including exporters, regulatory bodies, and policymakers, fostering meaningful discussions on trade finance, export preparedness, regulatory compliance, market accessibility, and the increasing influence of digital tools in facilitating cross-border commerce.
Polaris Bank’s senior leadership, encompassing directors from Retail, Commercial, and Corporate & Investment Banking divisions, alongside strategic heads from various business units, ensured a well-rounded approach to meeting client demands.
By organizing this forum, Polaris Bank reaffirmed its role as a progressive financial institution dedicated to nurturing business development, promoting economic diversification, and enhancing Nigeria’s footprint in global trade. The bank’s proactive measures to address trade obstacles, coupled with its advisory and financial offerings, underscore its position as a trusted partner in driving growth beyond the oil sector.
Through this initiative, Polaris Bank demonstrates its strategic commitment to empowering non-oil exporters and solidifying its status as a key player in Nigeria’s dynamic trade environment. This effort highlights the bank’s focus on delivering sustainable value and fostering long-term growth within the competitive international marketplace.
