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CBN Withdraws Skye Bank’s License To Operate - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Withdraws Skye Bank’s License To Operate (54311 Views)

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Re: CBN Withdraws Skye Bank’s License To Operate by charliboy654(m): 7:15pm On Sep 21, 2018
thesicilian:
Why?

The new owners should please try and retain the staff of the Bank, it's not easy to get new job nowadays.
This short story u nor still read am. Na wa for uu

1 Like

Re: CBN Withdraws Skye Bank’s License To Operate by Nobody: 7:16pm On Sep 21, 2018
ojeffo:
The source is WACK!!!
Google is your friend.
Re: CBN Withdraws Skye Bank’s License To Operate by charliboy654(m): 7:17pm On Sep 21, 2018
Samsars:
What will now happen to people's deposit with the bank. CBN better give us the full gist
So u cannot read abi u nor understand?
Re: CBN Withdraws Skye Bank’s License To Operate by Akpacha(m): 7:17pm On Sep 21, 2018
Which details later again? We got all details here already.
Re: CBN Withdraws Skye Bank’s License To Operate by Nobody: 7:18pm On Sep 21, 2018
embarassed embarassed embarassed
Re: CBN Withdraws Skye Bank’s License To Operate by 1234IKECHhukwu: 7:18pm On Sep 21, 2018
contigiency:
This is serious and quite troublesome. I don't know how the stakeholders will accomodate this sad news.
Do u mean stakeholders or shareholders, as for their shareholders their stocks in the exchange 'll be eroded if care is not taken just like what happened in 2011 when access bank acquired intercontinental bank.
Re: CBN Withdraws Skye Bank’s License To Operate by Akpacha(m): 7:20pm On Sep 21, 2018
charliboy654:

This short story u nor still read am. Na wa for uu
guy still staffs would be affected.
Re: CBN Withdraws Skye Bank’s License To Operate by heed101(m): 7:20pm On Sep 21, 2018
What's killing Nigeria's bank lies in the bank. The management. They will want to enjoy perks at the detriment of people's fund and this habit is embedded in the system. The billion pumped in by cbn will be embezzled by management. They share monies as if they contribute to it. They rather make decision that enriches them the more. They are worse than buhari present day government. This will continue until a framework on management governance is drawn to cut excessive power used by the Mds and Ed's to siphon deposit and preparing a window dressed financial statement.

12 Likes 2 Shares

Re: CBN Withdraws Skye Bank’s License To Operate by Gallantchrist(m): 7:20pm On Sep 21, 2018
Beedude:
I pray nothing happens to my last 2k inside the bank ooo.

Lwkmd

2k??
Re: CBN Withdraws Skye Bank’s License To Operate by Prechy08(m): 7:21pm On Sep 21, 2018
Nairaland pls verify the source of this news
Re: CBN Withdraws Skye Bank’s License To Operate by jidxin(m): 7:21pm On Sep 21, 2018
akdjr:
Where my millions is!!!!!!!!!!!!!!!!!!!! Emiefele Y?
it doesnt affect your money

1 Like

Re: CBN Withdraws Skye Bank’s License To Operate by Greenvilla(m): 7:22pm On Sep 21, 2018
Misleading topic
Re: CBN Withdraws Skye Bank’s License To Operate by Babsreus(m): 7:22pm On Sep 21, 2018
BusinessMogul12 baba come see ooo
Re: CBN Withdraws Skye Bank’s License To Operate by RMU: 7:23pm On Sep 21, 2018
Most people add comment without a clear understanding of the write up, what the CBN said was that the bank has been revolked and taking over by Polarize bank, both assets and liabilities has been transfer to the new owners.It is just a mere transfer of ownership and nothing like lost of customers deposits/fund.

please let try have a better understanding before comments to avoid passing undeserved public misinformation.

7 Likes 1 Share

Re: CBN Withdraws Skye Bank’s License To Operate by chloride6: 7:24pm On Sep 21, 2018
All Skye bank shares gone! grin grin
Re: CBN Withdraws Skye Bank’s License To Operate by Beedude(m): 7:27pm On Sep 21, 2018
Gallantchrist:


Lwkmd

2k??
Yes man
Re: CBN Withdraws Skye Bank’s License To Operate by ashjay001(m): 7:28pm On Sep 21, 2018
faroukfahima:
The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.

CBN Governor, Godwin Emefile announced the decision of Friday evening in Lagos.

Polaris Bank has been established to assume ownership of the assets and liabilities of Skye Bank.

The Nigeria Deposit Insurance Corporation has injected N786bn in the new bank.

The management of the defunct bank was however retained for its good performance.

The defunct Skye Bank has been on CBN’s lifeline since July 2016 and the apex bank says it can no longer continue to intervene to keep the balance liquid.?

More Details Soon...

https://www.thecable.ng/breaking-cbn-revokes-skye-banks-license/amp?__twitter_impression=true


Well managed crisis. Let's see if they can actually pull thru, without a full-blown crisis
Re: CBN Withdraws Skye Bank’s License To Operate by ziddy(m): 7:29pm On Sep 21, 2018
AdiscoPele:
From this statement in the write up above,

The management of the defunct bank was however retained for its good performance.[b][/b]

Methinks it's just a change of name.

Yeye dey smell

You can bet the mallams are in charge over there.

Executive management that has vaporized N786 billion of tax payer's funds over two whole years of turn-around activities is being retained 'for good performance'. All because those funds ended up in the pockets of northerners.

It is well with Nigeria!

By the way, which portion of the Nigerian constitution gives Buhari and Emefiele the power to inject a tenth of national budget into a private corporation in such a patently fraudulent project as this, without legislative approval?

6 Likes

Re: CBN Withdraws Skye Bank’s License To Operate by Omoluabi9: 7:30pm On Sep 21, 2018
Um... just last week I emptied and closed my two accounts with them.

Like say I know it would come to this.
Re: CBN Withdraws Skye Bank’s License To Operate by thesicilian: 7:31pm On Sep 21, 2018
SuperBlack:
Is not always possible. Remember the days Access Took over Inter. Many lost their Jobs. Though Nigeria was still good then to find work.
That's the problem with bank job.
Re: CBN Withdraws Skye Bank’s License To Operate by thesicilian: 7:34pm On Sep 21, 2018
charliboy654:

This short story u nor still read am. Na wa for uu
Na you nor read well o, not be me... Lol.
The statement says that the management of the bank was retained, meaning that almost all other staff are likely to be laid off. It's not every detail that needs to be spelt out in black and white now, that's the essence of comprehension.
Re: CBN Withdraws Skye Bank’s License To Operate by Mulatta(m): 7:34pm On Sep 21, 2018
If you're on your way to withdraw all your money click the like button. I cannot let bank to destroy my destiny

1 Like

Re: CBN Withdraws Skye Bank’s License To Operate by mainstreets(m): 7:35pm On Sep 21, 2018
This is probably not true. But if it turns out to be true, depositors' funds are very safe. No bank customer can lose funds again. The banking industry is very robust and has since passed that level. I have quite a few millions there, but I will still sleep soundly tonight. Panic at your own peril.

4 Likes

Re: CBN Withdraws Skye Bank’s License To Operate by debosalau(m): 7:35pm On Sep 21, 2018
I wish there's something they can do to remain liquid.
Re: CBN Withdraws Skye Bank’s License To Operate by Mcreloaded(m): 7:37pm On Sep 21, 2018
Heritage and Keystone bank nko?
CBN how market.
Shey hope still dey.

1 Like

Re: CBN Withdraws Skye Bank’s License To Operate by tbliss22(m): 7:38pm On Sep 21, 2018
You see why it's not advisable to have one single bank account. Those who don't have any extra account right now will be begging friends to allow them transfer the funds into their own bank account grin grin grin grin

Really funny

2 Likes

Re: CBN Withdraws Skye Bank’s License To Operate by Dshocker(m): 7:38pm On Sep 21, 2018
Thats sad to hear......
Re: CBN Withdraws Skye Bank’s License To Operate by hustla(m): 7:38pm On Sep 21, 2018
Chimo!!
I get usd for the bank o
Make them no play with me o
Re: CBN Withdraws Skye Bank’s License To Operate by priceactionx: 7:40pm On Sep 21, 2018
Good riddance.... The bank that stole friends 1.2m while all the evidences pointing to them that it was internal sipping. I opened one of their premium savings that promise good returns after certain deposit, they kept deducting the money heavily without apologies. Money that supposed yeild good investment. I never touch the money only for them to keep removing it in the name of one useless charges. I was frustrated to transfer the money to the minimum balance last year. Now the minimum balance is deducted from 2k to 1052 as at this morning within a year and they are sending me that my ATM will expire next month. I wonder how they will deduct it. Useless bank. When ayeni was donating heavily to Jonathan campaigns , gambling with people's money, we were telling them, now see the conditions where they have put the people's money. I just pity the staffs, that they won't lay many of them off especially the younger ones.

5 Likes

Re: CBN Withdraws Skye Bank’s License To Operate by deleo16(m): 7:43pm On Sep 21, 2018
I am not surprised we are in this era already

Re: CBN Withdraws Skye Bank’s License To Operate by anjilgreat(f): 7:44pm On Sep 21, 2018
1234IKECHhukwu:
Do u mean stakeholders or shareholders, as for their shareholders their stocks in the exchange 'll be eroded if care is not taken just like what happened in 2011 when access bank acquired intercontinental bank.

Pls I need more information. I thought the shares of shareholders from the defunct Intercontinental bank was automatically converted to access bank shares. I am still waiting for further information from access bank because I was affected and had a large unit of shares from the defunct bank and thinking that was the case.

1 Like

Re: CBN Withdraws Skye Bank’s License To Operate by kaziblake(f): 7:44pm On Sep 21, 2018
jidxin:
it doesnt affect your money
I think it did o because I am trying to buy airtime but it isn't going through�

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