Skye Bank Opens an Online Shopping Mall – YesMall

Skye Bank Plc, A Nigeria Based and Registered company has unveiled an online Store / Shopping Mall for the sale of mainly made-in-Nigeria products and services with a brand name of YesMall.

Skye Bank Opens an Online Shopping Mall – YesMall

The new online store, called YesMall, as represented in the brand logo above offers a unique experience for the bank’s current and prospective SME and retail customers who can buy and sell their products and services from the comfort of their homes by using electronic devices such as phones, tablet, laptop, or desktop.

They can also do their transactions by using ATM machines nearest to them.
Speaking during the unveiling of the new online mall in Lagos at the 8th Skye Bank SME seminar series, the group managing director/chief executive officer of Skye Bank Plc, Mr Timothy Oguntayo, said that the bank came up with the platform after noticing that some SME operators find it difficult to sell their goods as most of the finished goods end up as items of inventory in the warehouses. Noting that e-commerce had gained recognition in both national and global trade, Oguntayo said that the bank planned to facilitate the participation of Nigerian SME operators in the global e-commerce sales which is currently estimated at $1.5 trillion.

In addition, he explained that the potential worth of e-commerce in Nigeria, put at an estimated $10 billion per annum, offers a huge opportunity for discerning businesses to explore and tap into to grow their market share.

According to the Sky Bank’s Director;

“Available statistics show that the e-commerce sector in Nigeria currently boasts of about 300,000 online orders daily. Our desire at Skye Bank is to substantially grow these figures and make e-commerce the new trade highway in Nigeria,”

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