Skye Bank Announces It Has Taken Control Of Mainstreet Bank

Skye Bank Plc says it has taken control of Mainstreet Bank Limited, after the completion of a meeting where the Asset Management Corporation of Nigeria (AMCON) transferred full ownership of the bank to it, having successfully paid 100 per cent of the acquisition value and received clearance as the new owner.

A statement last night said the handover was done at a ceremony held at AMCON headquarters in Lagos, which had the directors of Mainstreet Bank Limited and Skye Bank.