Tag: Consumer & Retail Banking1
Impact Investors Tag: Consumer & Retail Banking 1
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Investor
Skye Bank
Nigeria
Skye Bank Plc. is one of Nigeria's leading retail and commercial banks with over 373 branches and cash centres across Nigeria offering premium financial services with subsidiaries in sierra Leone The Gambia and Guinea.The bank commenced operations in 2006 and has become one of the foremost financial institutions in the Nigerian banking industry playing a pivotal role in the success of many businesses creating wealth and promoting entrepreneurship. Skye Bank has earned a reputation for exceptional customer service. The bank has invested significantly in the acquisition and deployment of Information Technology for enhanced customer experience across its multiple service delivery channels including mobile banking ATMs POS and online platforms.In 2011 Skye Bank won the bid to acquire 100 per cent ownership stake of Asset Management Corporation of Nigeria (AMCON) in Mainstreet Bank Limited a deal which placed the bank as one of the top four banks in Nigeria in terms of customer reach balance sheet size and profitability.Mainstreet Bank's operations has since been fully integrated into Skye Bank's operations in what has been considered as one of the smoothest and hitch free integration processes recorded in the Nigerian Banking industry.
Type: Bank | Geography: Nigeria | Impact: Access to Financial Services |