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Farooq

Posts Tagged "skye bank"

HomePosts Tagged "skye bank"

Nigeria’s central bank has extended guarantees to Skye Bank for another year while it considers the bank’s recapitalisation proposal, the mid-tier lender said in a statement. The central bank shored up the Skye last year with a 100 billion naira ($328 million) capital injection, after sacking its top management for failing to meet minimum capital […]

By Chijioke Ohuocha and Oludare Mayowa LAGOS, July 4 (Reuters) – Nigeria’s central bank has replaced the chairman and chief executive of Skye Bank after it failed to meet minimum capital ratios, its governor said on Monday. The central bank said Skye Bank’s non-performing loan ratio has been above the regulatory limit for a while and […]