BUSINESS

Polaris Bank Deepens SMEs Promotion, Sponsors 2023 Fashion Souk

<h4>Polaris Bank<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Polaris Bank&comma; Nigeria’s Leading Digital Retail Bank&comma; in partnership with Eventful Limited will host the 2023 season end edition of The Fashion Souk 9&period;0 scheduled to hold at the Harbour Point&comma; Victoria Island&comma; Lagos on Saturday&comma; December 2nd and Sunday&comma; December 3rd&period;<&sol;p>&NewLine;<p>The Fashion Souk is Nigeria’s premier marketplace where smart Small and Medium-sized Enterprises &lpar;SMEs&rpar; in the fashion industry gather to display and market their diverse goods and services to a large audience&period;<&sol;p>&NewLine;<p>With its extensive collection of fashion-related SMEs&comma; The Fashion Souk stands as the largest congregation of such businesses in Nigeria to date&period; The event will primarily focus on four thriving industries&colon; manufacturers&comma; leather&comma; retailers&comma; and jewelry &amp&semi; accessories&period;<&sol;p>&NewLine;<p>Over 140 established SMEs in Nigeria’s fashion industry&comma; leather&comma; and jewelry&sol;accessories sectors&comma; spanning across manufacturers&comma; retailers&comma; and dealers&comma; will participate in The Fashion Souk 9&period;0&period; This incredible platform provides these businesses with an unparalleled opportunity to exhibit their creativity&comma; product lines&comma; and unique offerings to a discerning audience&period;<&sol;p>&NewLine;<p>The Fashion Souk promises to be a memorable event that showcases the rich diversity&comma; talent&comma; and innovation within Nigeria’s fashion industry where attendees and shoppers can expect an immersive experience&comma; with an array of unique products&comma; inspiring fashion shows&comma; and networking opportunities with industry experts&period;<&sol;p>&NewLine;<p>In line with its SME focus and commitment&comma; Polaris Bank has partnered and supported businesses in critical sectors of the Nigerian economy including&semi; health&comma; education&comma; manufacturing&comma; agriculture&comma; export&comma; and others&period;<&sol;p>&NewLine;<p>The Bank has advanced credits to these sectors for acquisition of medical equipment&comma; machines&comma; distribution&comma; and logistics of medical products&semi; laboratory equipment&comma; stationaries&comma; furniture&comma; classrooms&comma; school bus&semi; working capital for businesses&comma; expansion&comma; etc&period;<&sol;p>&NewLine;<p>BusinessDay in a November 2022 article valued Sub-Saharan fashion market at &dollar;31billion&comma; with Nigeria accounting for 15 percent to the total regional market&semi; while statistics put the value of the global fashion industry in 2022 at &dollar;1&period;53trillion&comma; with revenue forecast to increase in 2023&comma; to more than &dollar;1&period;7trillion&period;<&sol;p>&NewLine;<p>Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2023&comma; 2022 and 2021 in Business Day’s Banks and Other Financial Institutions &lpar;BAFI&rpar; Awards&period;<&sol;p>&NewLine;<p>Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2023&comma; 2022 and 2021 in Business Day’s Banks and Other Financial Institutions &lpar;BAFI&rpar; Awards&period;<&sol;p>&NewLine;<p>It also emerged as the Nigeria’s MSME Bank of the Year because of its ability to use technology to enable bottom-up support to the MSME sector&period;<&sol;p>&NewLine;<p>As a digital-forward Bank&comma; Polaris Bank is dedicated to forging a customer-focused future through innovative partnerships that reshape both businesses and communities<&sol;p>&NewLine;

Openlife Reporter

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