Cbn Amcon Announce The Sale Polaris Bank To Strategic Capital Investment Limited Scil
Polaris has been maneuver as a span coin bank since 2018 when the Central Bank of Nigeria step in to overturn the certify of the one-time Skye Bank Plc and constituted Polaris Bank to put on its assets and sure financial obligation . As set out of the CBN intercession , condition bail with a aspect prize of N898 billion ( time to come value of N1.305 trillion ) were interject into the bridge coin bank through AMCON , to be requite over a 25 - twelvemonth geological period ....