Friday , 7 October 2022

Tag Archives: CBN withdraws Skye Bank license authorizes Polaris Bank to take over

CBN withdraws Skye Bank license authorizes Polaris Bank to take over

CENTRAL Bank of Nigeria has withdrawn the operating license of Skye Bank Plc and authorized a new bank known as Polaris Bank to take over its assets and liabilities. CBN Governor, Mr. Godwin Emefiele, who disclosed this on Friday, said the strategy was for the Asset Management Company of Nigeria (AMCON) to capitalise the bridge bank and begin the process …

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