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Skye Bank Plc Notifies on the Late Release of 2016 Audited Financial Statements

Proshare

Tuesday, June 13, 2017, 04:58 PM /NSE

This is to inform The Nigerian Stock Exchange (NSE), our esteemed shareholders and other stakeholders of Skye Bank Plc of the reasons for the Bank’s inability to file the Audited Financial Statement of Skye Bank Plc for the year ended 31 December 2016 within the extended time granted by the NSE.

Please be informed that most of the challenges faced in the completion of the audit exercise have been surmounted, and as previously stated, the draft Audited Financial Statement (AFS) for the year ended 31 December 2016 is currently awaiting the final approval of the Bank’s primary regulator, the Central Bank of Nigeria (CBN).

The Bank is hopeful that the 2016AFS would be approved and filed at the NSE before the end of the current quarter.

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