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CBN Refutes Skye Bank’s Liquidation Rumors
  • August 19, 2016
  • Unity Times
Skye Bank
The Central Bank of Nigeria (CBN) has debunked reports that it has liquidated a deposit money bank even as it reiterated that Skye bank which recently had a change in board and management was distressed.
The apex bank in a statement signed by the acting director, Corporate Communications Department, Issac Okoroafor, issued yesterday, said its attention has been drawn to the content of a malicious message urging customers of Skye Bank to withdraw their deposits or transfer them to other banks.
The malicious message according to the apex bank was based on the vile allegation that Skye Bank has been liquidated by the CBN. It however stated “emphatically that it has not liquidated Skye Bank or any other Deposit Money Bank for that matter.”
Urging customers of Skye bank to disregard any message purporting a liquidation of the bank, the CBN reiterated its earlier assurance that Skye Bank was not in distress and remains a healthy bank in the Nigerian banking system. 
“Indeed, the health of the Nigerian banking system remains strong, all banks in Nigeria are safe and depositors have no cause to fear over their deposits.

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