January 16, 2018 4:59 AM ET

Banks

Company Overview of Skye Bank Plc

Company Overview

Skye Bank Plc provides various banking products and services. It operates through three segments: Retail Banking, Commercial Banking, and Treasury, Corporate and Investment Banking. The Retail Banking segment offers private banking services, private customer current accounts, deposits, investment savings products, custody services, credit and debit cards, consumer loans, and mortgages. The Commercial Banking segment provides direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency, and derivative products. The Treasury, Corporate and Investment Banking segment offers financial instruments trading, structured financing, and corporate ...

3, Akin Adesola Street

Victoria Island

Lagos,  

Nigeria

Founded in 1989

4,408 Employees

Phone:

234 1 270 1600

Key Executives for Skye Bank Plc

Skye Bank Plc does not have any Key Executives recorded.

Skye Bank Plc Key Developments

Court Orders United Bank for Africa, Diamond Bank Plc, Skye Bank Plc, First Bank Nigeria Limited, Fidelity Bank Plc, Keystone Bank Limited, and Sterling Bank plc to Remit $793 Million to Federal Government

Justice Chuka Obiozor of the Lagos Division of the Federal High Court ordered the momentary remittance of $793,200,000 by seven Nigerian commercial banks to the federal government. The money was allegedly hidden with the banks in violation of the Federal Government's Treasury Single Account policy. The banks are United Bank for Africa; Diamond Bank Plc; Skye Bank Plc; First Bank Nigeria Limited; Fidelity Bank Plc; Keystone Bank Limited; and Sterling Bank Plc. The judge ordered the banks to remit the various amounts into the designated Federal Government's Asset Recovery dollars account domiciled with the Central Bank of Nigeria.

Skye Bank To Sell Units Outside Nigeria

Skye Bank Plc (NGSE:SKYEBANK) is planning to sell its assets outside Nigeria in order to raise capital. The bank's management which was changed by the Nigerian central bank in July 2016 after the firm breached liquidity thresholds, is now under pressure to raise capital and is looking to sell units outside Nigeria in order to bolster its capital levels. The bank is seeking to dispose of its majority stakes in its businesses in Gambia, Guinea and Sierra Leone.

Skye Bank Plc, Annual General Meeting, Oct 13, 2016

Skye Bank Plc, Annual General Meeting, Oct 13, 2016, at 10:00 Coordinated Universal Time. Location: The Banquet Hall, The Lagoon Restaurant 1c Ozumba Mbadiwe Avenue, Victoria Island Lagos Nigeria

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