Just lia dat? You withdraw a licence and name a new bank to take over assets? Haba naaau? No audit or anything?

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The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.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

Bluezy13:



First Bank PLC is an exception.

Who told you? Of recent they have gone down the pecking order.

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



Our money!!!!

Are you sure you have money there?.... You this Union Bank customer

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



Our money!!!!

Lollllllll

This is too much naw

sacluxisback:


Who told you? Of recent they have gone down the pecking order.

pls could u share d top 5 or 10 in d pecking order so we learn also. Tnx

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

millions ke? Is it millions of kobo of what??.....abi bet9ja pay u?

Moreoffaith:
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

Hahahahaj. I can't transfer to Polaris account

THIS DAY WAS ALREADY COMING FOR SKYE BANK BUT UNFORTUNATELY THERE WAS AN UNEXPECTED DELAY WHICH EXPLAINS WHY THIS IS HAPPENING NOW.

kaziblake:
I think it did o because I am trying to buy airtime but it isn't going through�

Did u get invalid transaction? A beg which code do u use to buy. Wanna try too

kaziblake:
I think it did o because I am trying to buy airtime but it isn't going through�

It didn't. I just bought airtime now.

Naijageak:



Hahahahaj. I can't transfer to Polaris account

I swear, make story no go climb am o.

hardywaltz:
Thank God I have only N2k there

Na 2k you dey call only ? Don't let them chop your money o.

anjilgreat:


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.

contact the registra of the access bank , best advice visit the registra and u will be fine

Office Address:

UNITED SECURITIES LIMITED.
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu, Victoria Island, Lagos,
Nigeria.

Telephone: +234 (1) 271 4566, +234 (1) 271 4567

Email: info@unitedsecuritieslimited.com

No wonder. I've been trying to use my ATM all day in vain.

Ayeni destroyed Skye Bank during the era of Goodluck Jonathan when he opened the bank vault to PDP and they looted it dry

And the mobile application isn't working.
I guess they anticipate panic withdrawal and transfer.

Anyway, CBN has assured me that my money is safe so no qualms.

CBN be breathing fire these days..wetin dey happen.

tritritri:


contact the registra of the access bank , best advice visit the registra and u will be fine

Office Address:

UNITED SECURITIES LIMITED.
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu, Victoria Island, Lagos,
Nigeria.

Telephone: +234 (1) 271 4566, +234 (1) 271 4567

Email: info@unitedsecuritieslimited.com

Thank you very much

"Saying yes to your dreams."Skye bank !there advert that year stole my hrt

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

Your comment reeks of ignorance as if you didn't read or didn't understand the post. Now I understand why many Nigerian graduates aren't employable

and what happens to our money Buhari is a disaster

Nigerians and PANIC button. Didnt u see that the name just changed. CBN had to inject money to keep the bank functional and some ppl will not read the news and start panicking.

learn to read.

as i said one day, Knowledge is key

RMU:
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.

They may just change the name and/or management

Fraud of the highest order.

CBN removed the management of the bank due to poor performance of the bank and appointed new management after which over 700 billion naira was injected into the bank.

What happened to the 786 billion naira injected to the bank?

That amount is enough to turn around the bank but CBN appointed management squandered and stole the money and you come here saying that you retain the management due to their performance so you can pump another tax payers money into the bank.

When this problems started, how much was the banks total deposit?
Definitely not up to 700 billion.

So why did CBN refused to pay the depositors and liquidate the bank or sell the bank to another investor.

786 billion naira can establish minimum of 15 new commercial banks that would even employ more Nigerians.
Shame on CBN and their management the way they chose to steal public funds indirectly.

That’s why I decided to quit the system about a year ago and leave for other country that have sane central bank and environment.

If you know, you know

Stop deceiving Nigerians

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

CBN retained the management because they removed the previous management and installed the current one over a year ago

That's the bank with the best advert those days.

Who remembers the adverts abeg

USELESS BANK, Not a single email to reassure its Cudtomers.

Hakuma matata bank

mainstreets:
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.

misery loves company, U had better withdraw your funds. stay there and be forming bold face.
I have been monitoring Skye bank finances since '016, if u like keep forming super man.

Denial is the first stage of Grief

If the management of the bank were performing well why was the bank not performing well?


Is there something that CBN are yet to tell us?

Why did they live the announcement till Friday evening? me wey no get ATM nko
wait a minute..... so what's the faith of that their theme song Skye Bank Always Their saying Yes to your wish...