Skye Bank
Plc has announced the successful conclusion of its integration process
with Mainstreet Bank Limited, which it acquired late last year “in line
with its longterm vision of playing a leadership role in Nigeria’s
financial services industry.” The bank said in a statement made
available to news men that six months after it took over Mainstreet
Bank, it seamlessly achieved the harmonisation and integration of their
processes, procedures, structures, operations, human capital and all the
other scheduled tasks.
The statement quoted the Group Managing Director/ Chief Executive Officer of the bank, Mr. Timothy Oguntayo, as promising in a letter he addressed to the customers, that the lender was set to unleash the full potentials of the combined strengths of the two institutions for better customer service, customer experience and value creation for all its stakeholders. “We are committed to pushing the frontiers of technology and innovation to enhance stakeholder value at optimised cost, and offer delightful customer experience.
We will therefore continue to make the required investments in people, process and technology to meet this commitment”, he reassured customers of the bank. Oguntayo disclosed that Skye Bank’s total branch network stood at 469, while its Automated Teller Machine (ATM) network has increased to 815 across the country, with an asset base of N1.5 trillion.
The implications of these for the customers, he said include better access to the bank’s service channels, cutting edge technology, and stronger balance sheet to support their businesses. The Skye Bank boss said In line with the bank’s growth strategy, and preparatory to the acquisition, the lender had made enormous investments in both its human capital and information technology, two critical assets that define organsational success. He noted that the bank’s new banking software, Oracle Flexcube 12.0, with its multi – functional capabilities, is one of the best and most recent inventions
The statement quoted the Group Managing Director/ Chief Executive Officer of the bank, Mr. Timothy Oguntayo, as promising in a letter he addressed to the customers, that the lender was set to unleash the full potentials of the combined strengths of the two institutions for better customer service, customer experience and value creation for all its stakeholders. “We are committed to pushing the frontiers of technology and innovation to enhance stakeholder value at optimised cost, and offer delightful customer experience.
We will therefore continue to make the required investments in people, process and technology to meet this commitment”, he reassured customers of the bank. Oguntayo disclosed that Skye Bank’s total branch network stood at 469, while its Automated Teller Machine (ATM) network has increased to 815 across the country, with an asset base of N1.5 trillion.
The implications of these for the customers, he said include better access to the bank’s service channels, cutting edge technology, and stronger balance sheet to support their businesses. The Skye Bank boss said In line with the bank’s growth strategy, and preparatory to the acquisition, the lender had made enormous investments in both its human capital and information technology, two critical assets that define organsational success. He noted that the bank’s new banking software, Oracle Flexcube 12.0, with its multi – functional capabilities, is one of the best and most recent inventions
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