Encomium
There are fears over the future of Skye Bank following the dissolution of its old board led by Olatunde Ayeni by the Central Bank of Nigeria yesterday (Monday, July 4, 2016). Apart from deposits being safe, many are worried about the non-performing loans of its directors which reportedly jeopardized the bank’s health.
Skye Bank is not the only bank that failed the liquidity test ratio or has a high percentage of non performing loans. The CBN should talk o
— SK – Sola Kuti (@SKSolaKuti) July 4, 2016
Without a doubt, Skye bank is under water and all thanks to PDP and their hero who cannot enforce policy but encouraged corruption.
— Adegoke (@nkem70) July 4, 2016
If Skye bank isn’t distressed… why did CBN take it over? Explain to me like I sell gala on 3MB..
— Wale Gates (@walegates) July 4, 2016
CBN Takes Over Management of Skye Bank. I didn’t know they have this kind of power. So when will they take over the management of CBN?
— Dr. Njakiri Damages (@DrDamages) July 4, 2016
Today it is Skye Bank, which bank is next? Most of our banks are not being run as banks but as quasi money-making Russian roulette shop…
— The Godfather (@Ayourb) July 4, 2016
From Fidelity to Zenith now Skye bank. Nigerian banks trending for the wrong reasons. Na to dey save your money for inside kollo’ remain now
— Debola Debbie Debs! (@DebsExtra) July 4, 2016
Investors shouldn’t panic Skye bank is a healthy bank within the FIN MKT space.Issue is that the ratios fell below Prudential guidelines
— WARIBO NWACHUKWU (@boboskiwaribs) July 5, 2016
Go to any Skye bank ATM, it is working, dispensing full amount u requested for. Do not panic, this is not NDIC take over. Ur deposit is safe
— Woye (@woye1) July 5, 2016
As if I knew something was up, I requested for my Internet banking details for my Skye bank savings account of over 5yrs
— Lajusoluwa (@swiit_diimple) July 5, 2016
Almost 200k in my skye bank akant,hope this CBN intervention won’t cause anything funny ehn? #SkyeBank
— 杜德 (@jarejunior) July 5, 2016
Emefiele was so lenient with Skye bank. They were lucky that Sanusi was no more in charge. #SkyeBank
— TIPTOP (@christiptop) July 5, 2016
Just Opened a Skye bank account yesterday. I hope my Money is safe with them? The news are terrifying to the lil money i have ooo????????????
— O.L.A.M.I.L.E.K.A.N (@OlUt3e) July 5, 2016
Was it not Skye Bank that aquired Mainstreet Bank not too long ago that they were making noise?
— Chidu (@chidumaga_) July 5, 2016
Man. My heart goes out to Skye bank workers that cannot fully enjoy this holiday,that uncertainty gnawing at the back of their minds. Sigh.
— Mariah Curry (@Khaleesi_7) July 5, 2016
Skye Bank is estimated to have N700 billion in non performing loans, their chairman, Tunde Ayeni has now been removed. Here’s the sweet part
— Sàngo (@Mr_Svengali) July 5, 2016
