The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.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

Why?

The new owners should please try and retain the staff of the Bank, it's not easy to get new job nowadays.

What!

Gobe

Finally.... Thank God

are u serious?

Ahhh

Skye bank, i liked that name

Hah!

Where my millions is!!!!!!!!!!!!!!!!!!!! Emiefele Y?

What is gonna happen to those that bank with them? :'

Which bank u dey use?

Na Polaris bank

Which one be Polaris again ,Abeg find better bank give me if u wan make I pay my gbese o

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

this one is strong... Eleyi gidi gan

Skye of all bank.......


Hope it will b just change of management and name

This news alone is enough to collapse bank.....funny enough, sizeable numbers of skye bank customers i know are retirees.

What will now happen to people's deposit with the bank. CBN better give us the full gist

Thank God I have only N2k there

okokobioko.... some people's money is Abt entering voicemail forever....

Really?

Awo.... Tank God na zero dey their...

Wawu

Another lose of jobs loading ..God help the helpless in this luciferous regime

Hmmm

Disastrous

Is this another way of Buhari trying to reduce the number of masses? Who will refund people their money that's there? Funny i don't bank with them.

Chineke mo!!
I thought 'skye' is their limit

akdjr:
Where my millions is!!!!!!!!!!!!!!!!!!!! Emiefele Y?

You no get eye or you can't read)

akdjr:
Where my millions is!!!!!!!!!!!!!!!!!!!! Emiefele Y?

You no get eye or you can't read?

Ah! What about the existing customers? Hope that won't affect our money in any way o!!!



Our money!!!!

I pray nothing happens to my last 2k inside the bank ooo.