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Skye Bank marks 10 years of operation

Skye Bank Plc. has rolled out the drums to celebrate its 10 years of existence as well as celebrate its customers and employees. The bank was formed after the merger and integration of five legacy banks on January 23, 2006.

The legacy banks were the erstwhile Prudent Bank Plc., EIB International Bank Plc., Bond Bank Limited, Reliance Bank Limited and Co-operative Bank Plc., all of which came together in 2006 in the wake of the banking industry recapitalization and consolidation programme of the Central Bank of Nigeria.

The year-long programme of celebration will kick off on Saturday, January 23 with a staff-led thanksgiving outing at the bank’s head office in Lagos, which will hold simultaneously in all its regional offices in Ikeja, Ibadan, Kaduna, Port Harcourt and Abuja.

The theme of the thanksgiving session is ‘The Skye of possibilities’, with thanksgiving offered in appreciation of God’s divine blessings and grace in the affairs of the bank since it commenced operations 10 years ago.

Speaking on the milestone, the Group Managing Director/Chief Executive Officer of the Bank, Mr. Timothy Oguntayo, said the Bank had in its decade of integration and existence, recorded notable achievements and received awards, accolades and recognition at home and abroad.

Specifically, Oguntayo said the bank now boasts a robust and cutting edge technology and an electronic payment channel acclaimed as among the best in the industry. The bank, he said, has supported many start-ups and nurtured their growth from infancy to publicly quoted companies in addition to several companies it provides funding and facilities to.

The Skye Bank boss recalled the successful and audacious bid the bank made for erstwhile Mainstreet Bank which it won and paid for in October 2014.

“In mid-2015, we successfully and seamlessly completed our integration with the acquired institution and harmonized our IT infrastructure, people and processes. Today, we are the fourth largest bank in Nigeria with branch network of over 400 and close to 900 Automated Teller Machines spread across the country”, he said.

Oguntayo said the expanded branch network would enable the bank to provide convenience and proximity banking to its retail, SME and commercial banking customers, areas where the bank wants to focus on.

Several anniversary activities targeted at marking the decade of integration of Skye Bank would be unfolded in the days ahead in appreciation of customers, shareholders and other stakeholders for keeping faith with the brand since it appeared on the financial landscape as Skye

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