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Nairaland Forum / Nairaland / General / Business / CBN Announces Sale Of Polaris Bank, Unveils New Owner (52075 Views)
CBN Announces Price Verification System Portal (PVS) / CBN announces unification of FX windows, stops Naira4Dollar scheme / Sale Of Polaris Bank: CBN Sets Record Straight (2) (3) (4)
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by courage89(m): 6:10am On Oct 21, 2022 |
So, the new owners have to pay only 50 billion naira to take control of the company. This is wrong in all ramifications. Old shareholders get screwed, while the new northern shareholders are smiling to the bank. 3 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by BirtherOfKings(f): 6:53am On Oct 21, 2022 |
At least the name will still be maintained and no sacking.. the next one to be sold is Opay and palmpay.
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Ekpekus(m): 6:57am On Oct 21, 2022 |
seunmsg:Bank shares na no go area... buy brewery, food related and oil companies shares 2 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by techWriter3: 7:16am On Oct 21, 2022 |
So the funds that politicians swiped tru bullon van have been used to acheive this ehn! |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by KunGioKehRah: 7:53am On Oct 21, 2022 |
Na WA oh! |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by ORLAHOLUWA(m): 10:01am On Oct 21, 2022 |
This bank don suffer I swear 2 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by mastermaestro(m): 10:06am On Oct 21, 2022 |
gaby: Those two must end up in jail in the near future. I have a strong feeling about this. |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by TheDictatorNd: 10:08am On Oct 21, 2022 |
Antyislam:yes, added with the one peter obi stole to open an offshore account with his under age daughter's name 3 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by TheDictatorNd: 10:09am On Oct 21, 2022 |
chris4gold:polarise or magma |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Benekkk: 10:10am On Oct 21, 2022 |
chris4gold:Actually, trace the trail from Afribank (or IBWA) to Mainstreet, to Skye before Polaris. Pay your liabilities (gratuities) that are owed to former Afribank staff! The people who plundered those funds are still alive, protracted court proceedings will only delay the inevitable. Pay them their money!!! 3 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Cmanforall: 10:12am On Oct 21, 2022 |
What!!! From Skyebank to Polaris and now... What happens when one has not accessed the account since the transition from Skye bank? I hope customers money will be safe |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by lailo: 10:17am On Oct 21, 2022 |
So the name of my new bank is S.C.I.L.B |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by treatise: 10:22am On Oct 21, 2022 |
dre11:
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by eminikansoso(m): 10:23am On Oct 21, 2022 |
seunmsg:It is only people with financial knowledge will understand this your message. Imagine in this economic period, when the inflation is super high and exchange rate is nothing to write about. In a sane country CBN governor will have voluntarily retired. The other time he said he hope income from abroad remains above 90% of our GNP, I wonder if income abroad remains above 90% and we are clamoring for development of local sectors. The man dey Bleep up well well with his economic policies |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by ArewaNorth: 10:23am On Oct 21, 2022 |
LegendHero: The owner is from Gombe state. Last week conspiracy email leaked denying some Muslims going to Juma'at prayer was deliberately done to bring the bank down bank amidst taking over by new owners! |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by valentineuwakwe(m): 10:28am On Oct 21, 2022 |
Who owns titans trust bank and SCIL? 2 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Revolva(m): 10:31am On Oct 21, 2022 |
Very useless bank LOL I hope wema bank buys it or fcmb or sterling |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Sleyk: 10:34am On Oct 21, 2022 |
Them agree to pay N1.305 trillion abeg, my question is where will they get such money from?...abi they'll join access bank pattern. you sleep and wake up, N150 don comot. 1 Like |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by loucbou: 10:34am On Oct 21, 2022 |
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Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by limcar: 10:36am On Oct 21, 2022 |
inoki247:lol. Nasty man |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by maasoap(m): 10:42am On Oct 21, 2022 |
seunmsg: Read first instead of rushing to comment. In all of these, I pity the small small shareholders of the old Skye Bank. All their investments has been completely wiped out with this 100% transfer of ownership to SCIL. If you’re not among the big shareholders that can appoint directors to the board of the bank, don’t waste your money buying the shares of a bank. When shit like this happens, you’re going to lose every single kobo you invested in the bank. Their investments was wiped when the management of Skye Bank decided to embark on fraudlent practices and share all the bank's capital among themselves. |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by maasoap(m): 10:45am On Oct 21, 2022 |
ArewaNorth: Deliberate? Like the new management didn't admit the discriminatory practices they brought in? What a good way for them to start? |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by friday2011(m): 10:46am On Oct 21, 2022 |
2 Likes |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by friday2011(m): 10:47am On Oct 21, 2022 |
chris4gold: Afribank....Skye Bank... Polaris Bank...Batiris Bank |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Gbeng30(m): 10:47am On Oct 21, 2022 |
Let see how it goes... But why not reveal the name of the new owner or the CEO |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by baralatie(m): 11:00am On Oct 21, 2022 |
Ok |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Nyamuri: 11:05am On Oct 21, 2022 |
Haba! dan Gombe ne da gaske? That's why they purposely sent that email to cripple the bank ArewaNorth: |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by Risentouch(m): 11:06am On Oct 21, 2022 |
seunmsg: Can you enlighten me on this? |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by DSS1335: 11:07am On Oct 21, 2022 |
seunmsg: I was among the shareholders of the Skye bank. I invested my over N200k for about 20,000 units @ N11/share in 2010 with the hope of a brighter future, it all turned out to the most horrendous nightmares when the value began to nosedive to N1.50/ share. I counted my lost and liquidated all my other asset from banking secrors 1 Like |
Re: CBN Announces Sale Of Polaris Bank, Unveils New Owner by seunmsg(m): 11:20am On Oct 21, 2022 |
DSS1335: You’re lucky to have salvaged sometime at N1.50/share. Those who held on to the shares can’t salvage anything. They’ve lost every single kobo they invested in the bank. Bank shares should be a no no to all small investors. 2 Likes |
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