Nigeria

Skye Bank Plc

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Banking and Credit Intermediation Available in: English Format: PDF Download Most recent financial data: 2015 Buy full report

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Contact Information

Legal Address
3 Akin Adesola Street,Victoria Island
Lagos; Lagos; Map

Tel: +234-1-270

Email:
@skyebankng.com

Website:
http://www.skyebankng.com

Company Description
Skye Bank, a merger of former Prudent Bank, EIB International Bank, Bond Bank, Reliance Bank and Cooperative Bank commenced operations under the new identity in January 2006 subsequent to the completion of the various legal and regulatory processes required to consummate a valid merger. As at January 1, 2006, Skye bank’s shareholder’s Fund stood at over N34bn and this puts the bank amongst the first top five banks in Nigeria, measured by level of Shareholder’s funds. With this level of capitalization, the bank is better positioned to conduct its business and deliver value t o all stakeholders. The bank also has a deposit base in excess of N71bn and a Balance Sheet size of over N114bn while the branch net work is currently spread over 160 locations across the major cities and local government areas o f the country. A few more branches are in various stages of opening at various locations and the Bank is constantly looking out for more outlets in strategic locations across the country. Skye Bank is owned by a diverse number o f institutional and individual investors and the shares are quoted on the Nigerian Stock Exchange.
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