Tag Archives: Polaris Bank

New Core Investor Takes Over Polaris Bank

Polaris Bank has announced that it has been notified of the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank (‘Polaris’ or ‘the Bank’) by Strategic Capital Investment Limited (‘SCIL’).

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CBN, AMCON Announce Sale Of Polaris Bank To SCIL For N1.305tr

Polaris Bank now has a new owner as the Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent of the equity in the deposit money bank by Strategic Capital Investment Limited (‘SCIL’).

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