CBN’s Godwin Emefiele announces Polaris Bank’s takeover of Skye Bank
By CNBC
24 September 2018 |
2:57 pm
The Central Bank of Nigeria established a bridge bank; Polaris Bank, to take over the assets and liabilities of Skye Bank. The Asset Management Corporation of Nigeria will capitalise the bridge bank and begin the process of sourcing investors.
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The Central Bank of Nigeria established a bridge bank; Polaris Bank, to take over the assets and liabilities of Skye Bank. The Asset Management Corporation of Nigeria will capitalise the bridge bank and begin the process of sourcing investors.
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