{"id":10820,"date":"2022-12-02T12:37:04","date_gmt":"2022-12-02T12:37:04","guid":{"rendered":"https:\/\/theblogonline.com\/?p=10820"},"modified":"2022-12-02T12:37:04","modified_gmt":"2022-12-02T12:37:04","slug":"polaris-bank-promotes-fashion-souk","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=10820","title":{"rendered":"Polaris Bank Promotes SMEs, Sponsors The Fashion Souk"},"content":{"rendered":"

Polaris Bank<\/a> has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria.<\/p>\n

The Bank<\/a> in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0<\/a>. The statement further noted that 3 successful entrepreneurs who emerge winners in a business pitch at the event will go home with N1million, N500,000 and N250,000 for the overall winner, first runner-up and second runner-up respectively.<\/span><\/p>\n

The two-day event, which is organised in partnership with Nigeria\u2019s foremost event management company, EVENTFUL Limited is scheduled to hold on Saturday 3rd and Sunday 4th of December 2022, at the Harbour Point, Victoria Island, Lagos.<\/span><\/p>\n

Speaking on behalf of Polaris Bank<\/a>, the Group Head, Strategic Brand Management, Nduneche Ezurike, said that \u201cFashion and style enthusiasts can once again look forward to experiencing unparalleled fashion moments from Nigerian entrepreneurs.\u201d<\/span><\/p>\n

Mr. Ezurike noted that \u201cAs an SMEs-friendly Bank, it is always our delight to explore opportunities to grow Nigeria\u2019s Small and Medium Enterprises. Polaris Bank<\/a>\u2019s lead sponsorship of the 7th edition of The Fashion Souk<\/a>, underscores our acknowledgment of the SMEs as the catalyst for Nigerian\u2019s economic growth.\u201d<\/span><\/p>\n

Continuing, he noted that \u201cthis year\u2019s Fashion Souk<\/a> is unique as it provides an opportunity for the yuletide holidaymakers with an unforgettable shopping experience as visitors will behold the creativity of the Nigerian entrepreneurs, especially in the beauty and fashion space.\u201d<\/span><\/p>\n

Mr. Ezurike further stated that Polaris Bank<\/a>\u2019s continued partnership with EVENTFUL Limited stimulates the entrepreneurial spirit of many Nigerians, especially the new-age innovators in the key sectors of the national economy. He commended Eventful Ltd for visibly showcasing the enterprise amongst Nigerians.<\/span><\/p>\n

Commenting on the essence of the SOUK, Founder and Chairman of Eventful and Convener of the Fashion Souk, Yewande Zaccheaus, said: \u201cEventful Limited has been deliberate in using the platform of The Fashion Souk to create the much-needed road to market for budding fashion entrepreneurs whilst also expanding the target market of the more established designers. \u201cWe are proud to once again contribute to the growth of the nation\u2019s economy,\u201d she added.<\/span><\/p>\n

More than 160 SMEs in Nigeria\u2019s fashion industry, ranging from manufacturers to designers and retailers in clothing, kids fashion, textiles, jewelry, accessories, hats, bags, shoes and lingerie, are billed to showcase their creativity and product lines at the Fashion Souk.<\/span><\/p>\n

According to December 2021 industry report, the Sub-Saharan African fashion market is worth $31 billion, with Nigeria holding an expanding share of 15 percent.<\/span><\/p>\n

In line with its SME focus, Polaris Bank<\/a> has partnered with and supported businesses in critical sectors of the Nigerian economy, including health, education, manufacturing, agriculture, export, and others. The Bank has advanced credits and indeed, provided close to N70billions to Micro, Small, and Medium Enterprise (MSMEs) from January 2021 till date.<\/span><\/p>\n

Following the Bank\u2019s recent strides in supporting SMEs and MSMEs, the prestigious BusinessDay<\/a>\u2019s Banks and Other Financial Institutions (BAFI) Awards named Polaris Bank the MSME Bank of the Year 2022.<\/span><\/p>\n

Polaris Bank<\/a>, adjudged Digital Bank of the Year 2021 and 2022, is a future-determining Bank committed to delivering industry-defining products for individuals and businesses.<\/span><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria.<\/p>\n","protected":false},"author":1,"featured_media":10817,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456],"tags":[1935,563,5995],"class_list":["post-10820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-polaris-bank","tag-smes","tag-the-fashion-souk"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10820"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10820"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10820\/revisions"}],"predecessor-version":[{"id":10821,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10820\/revisions\/10821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/10817"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}