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Skye Bank is one of the Truly Nigerian Companies.
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 to all stakeholders.
The bank also has a deposit base in excess of N71bn and a Balance Sheet size of over N114bn while the branch network is currently spread over 160 locations across the major cities and local government areas of the country. A few more branches are in various stages of opening at various locations and we are constantly looking out for more outlets in strategic locations across the country. |
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