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Skye Bank To Submit H1 Result September

Skye Bank

Skye Bank Plc has approached the Nigerian Stock Exchange (NSE) to give it up till September 2016 to file the interim Financial Statements for the periods ended March 31, and June 30, 2016.

Business Post correspondent gathered that the bank explained to the NSE that the delay in submitting the financial report was due to the resignation of 12 of the 16 Directors on the Board of the Bank on July 4.

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Skye Bank also said it delayed submitting the report because of the challenges it faced due to its integration with Mainstreet Bank Limited which was approved mid-2015.

The Bank stated that it is currently auditing its 1H16 results and hoped that the audit process would be completed soon, with the Interim results to be filed by September 30, 2016.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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