Skye Bank Plc. is one of Nigeria’s largest banks providing financial services, using cutting-edge technology, to meet the needs of customers in different segments. Skye Bank emerged in its current form in early 2006 resulting from the banking consolidation program, and following a series of efficient merger and acquisition activities involving five banks with diverse niche markets.
The Bank understands that modern business strategies require the provision of quality, timely and efficient service for organizational objectives to be attained. In this pursuit, Skye Bank continues to conquer new frontiers in its operating environment, and raising the bar of competition as evident in its recent acquisition of Mainstreet Bank Limited, which is a testimonial of its determination to have a broader network and channels that meet the growing financial requirements of its cherished customers.
The Bank is managed by seasoned professionals with quality financial service industry experience.
Skye Bank also has a robust Enterprise-wide Risk Management (ERM) structure, placing a high premium on transparency and best-practice corporate governance. In this wise, appropriate governance structures that clearly delineate the roles and responsibilities of the Board and management are operational.
As an attestation to the bank’s quality management, profitability, asset quality, market position, and sound funding and liquidity, it had consistently received good ratings from foremost global and local rating agencies including Standard & Poor’s, Augusto & Co., and GCR.
With shareholders’ funds in excess of N130 billion and balance sheet size of over N1.4 trillion, Skye Bank has about 469business offices, comprising branches and cash offices, spread across all the geo-political zones in Nigeria. The Bank also has three banking subsidiaries in West Africa, namely: Sierra Leone, The Gambia, and Guinea in line with its strategy of seeking the most efficient avenues for creating value.
The pursuit of excellent customer service is enunciated by the well acknowledged leadership of the Bank in efficiently deploying information and communication technology (ICT) in all its locations and ensuring that customers can access our ‘Customer Charter’ and expect more from us.
In terms of business footprints, Skye Bank has a strong reputation in the areas of construction, oil and gas, real estate, agriculture, telecommunications, general commerce, retail/SME and manufacturing. Indeed, it had received several awards from reputable business and trade organizations in certain segments of the various markets.
The Bank has correspondent banking relationships with notable names in the international financial service sector, largely to support its customers’ requirements for project and trade finance.
With a more expansive branch network, following the acquisition of Mainstreet Bank Limited, Skye bank is poised to deliver better products and services to its customers its customers, improve brand equity, ensure sustainable profitability, and deliver value to the stakeholders.
