{"id":26796,"date":"2020-06-24T13:55:51","date_gmt":"2020-06-24T12:55:51","guid":{"rendered":"https:\/\/everyday.ng\/?p=26796"},"modified":"2020-06-24T13:55:51","modified_gmt":"2020-06-24T12:55:51","slug":"polaris-bank-disburses-billions-of-naira-under-its-health-sector-loan-in-30-daysstill-counting","status":"publish","type":"post","link":"https:\/\/everyday.ng\/?p=26796","title":{"rendered":"Polaris Bank\u00a0Disburses\u00a0billions of naira under Its Health Sector Loan in 30 days\u2026still counting"},"content":{"rendered":"<div class=\"yiv1293352220gmail_quote\">\nPolaris Bank in its undisputable support for SMEs in the health sector (Private hospitals, Pharmacies, Retailers, Diagnostic centres, etc\u2026) launched a one stop-solution, in September 2019, and has disbursed billions to support the growth of the Nigerian health sector through tailor-made banking products for businesses in this space. This drive was further re-enforced by the CBN N100billion Health sector support fund set aside by the Apex Bank to help cushion the effect of COVID-19 on the nation\u2019s economy and the health sector in particular.<br \/>\nThis was made known by the\u00a0Bank\u2019s Group Head, Products and Market Development, Adebimpe Ihekuna,\u00a0while commenting on the recently concluded webinar tagged \u201cManaging Health Care Business During and Post-COVID-19&#8243;.<br \/>\nEligible participants under the scheme comprise healthcare product manufacturers \u2013 pharmaceutical drugs and medical equipment; and healthcare service providers\/medical facilities \u2013 hospitals\/clinics, diagnostic centres\/laboratories, fitness and wellness centres, rehabilitation centres, dialysis centres and blood banks. Others include pharmaceutical\/medical products distribution and logistics services; and other human healthcare service providers as may be determined by the\u00a0Central Bank Of Nigeria (CBN)\u00a0from time to time.<br \/>\nAdebimpe\u00a0explained that the\u00a0chunk of the disbursements are under the CBN intervention fund<s>s<\/s>\u00a0at 5% and up to 10 years loan tenor; as well as direct disbursement from Polaris Bank\u00a0<s>at a<\/s>\u00a0with\u00a0highly competitive terms and conditions.<br \/>\nShe confirmed that healthcare firms\/businesses in the value chain who wish to take advantage of the scheme to expand and grow their business\u00a0should\u00a0submit their application at any branch of Polaris Bank\u00a0or send a mail to:\u00a0<a href=\"mailto:smebusiness@Polarisbanklimited.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">smebusiness@Polarisbanklimited.com<\/a>\u00a0to engage a Product Manager for guidance.<br \/>\nApplicants can also visit the Polaris Bank website:\u00a0<a href=\"http:\/\/www.polarisbanklimited.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.polarisbanklimited.com<\/a>\u00a0for additional details on the CBN N100 billion Health sector support fund and other lines of products.<br \/>\nPolaris Bank is a future-determining Bank committed to the delivery of industry-defining products, and services, across all the sectors of the Nigerian economy.\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Polaris Bank in its undisputable support for SMEs in the health sector (Private hospitals, Pharmacies, Retailers, Diagnostic centres, etc\u2026) launched a one stop-solution, in September 2019, and has disbursed billions to support the growth of the Nigerian health sector through tailor-made banking products for businesses in this space. This drive was further re-enforced by the [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":24255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5773,7],"tags":[1235,1744,920],"class_list":["post-26796","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-health","category-news","tag-health","tag-loans","tag-polaris"],"_links":{"self":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/26796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26796"}],"version-history":[{"count":0,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/26796\/revisions"}],"wp:attachment":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}