Tag Archives: Skye bank

Skye Bank CEO, Tokunbo Abiru has advocated practical strategies, concerted efforts and close collaboration from technology, Telcos and IT security experts to prevent current proliferation of clone apps with its attendant impact on safety of smart phone users in the country. Abiru made this suggestion in a keynote note address on the topic: ‘Strategizing against Malicious App Clones’ delivered at …

Read More »

…rewards rainbow essay competition winners Skye Bank Plc., has charged the Nigerian child to imbibe the savings culture early in life to secure their future, even as it demonstrated its commitment to the development of the education recognised winners of its Skye Rainbow Essay Competition across the country and presented them with state-of-the-art educational tablets. The competition, which officially kicked …

Read More »

Stability is fast returning to Skye Bank Plc, as it had recorded a N60 billion recovery from its bad loan books. It also achieved a N6.2 billion cash inflow from full divestment from four local subsidiaries, and currently in the process of divesting from others, as part of strategies to weed it of unprofitable ventures and streamline operations for sustainable …

Read More »

The Central Bank of Nigeria has extended guarantees to Skye Bank Plc for another year, while it considers the bank’s recapitalisation proposal, the mid-tier lender has said. The CBN had last year shored up Skye Bank with N100bn capital injection, after sacking its top management for failing to meet minimum capital requirements. The central bank then appointed a new management …

Read More »

The Federal High Court in Lagos has ordered Skye Bank Plc to take over a five-star hotel, Intercontinental Hotel, located at Plot 244 and 245 (now 52) Kofo Abayomi Street, Victoria Island, Lagos. The bank had dragged Milan Industries Limited, owner of the 361-room Intercontinental Hotel, to court over an alleged debt. Skye Bank claimed to have granted loan facilities …

Read More »

The management of Skye Bank Plc has announced the promotion of over 300 of its employees under the 2016 annual staff performance review exercise. The promotion, which cuts across several cadres up to the managerial level, according to the bank, is in line with its effort to reward staff members who performed creditably in their various roles during the past …

Read More »

The new board of Skye Bank Plc has declared plans to ensure that the bank is ably managed to health,saying that they will work to shore up its asset quality and normalize its cost to income ratio in the overall interest of the shareholders. Speaking at the Nigerian Stock Exchange(NSE)Friday, on the occasion of the visit of the new board of Skye Bankto the …

Read More »