Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,829 members, 7,956,147 topics. Date: Monday, 23 September 2024 at 05:30 AM |
Nairaland Forum / Nairaland / General / Jobs/Vacancies / Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks (31074 Views)
Jiji Please Screen 99.9% Of Those Placing Jobs Ad In Your Site. / CBN Recruitment 2014 / Career Website Of The 25 Banks In Nigeria (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Ohislee(m): 12:05pm On Nov 20, 2014 |
I don't envy does marketers at all. Their job is more like selling ice to Eskimos. Imagine a bank marketer trying to convince me to open an account with his bank when I already have 4 accounts with 4 different banks. 9 Likes 1 Share |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Nobody: 12:05pm On Nov 20, 2014 |
Pls who is the CBN governor again?? This one seems to be so unpopular |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Giannakopoulos(f): 12:05pm On Nov 20, 2014 |
Very good move. |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by deflover(m): 12:05pm On Nov 20, 2014 |
Na now una dey wake up after alot of dem don carry Aids..dey ve bin made coporate ashi |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by littlemistress: 12:06pm On Nov 20, 2014 |
Finally! Enough of exposing ladies to immoral activities & unrealistic targets all in the name of making money for the bank. |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by sexybash(f): 12:06pm On Nov 20, 2014 |
Good move At least it will bring some sense of sanity to the marketer's It baffles me why bankers have to go down on their clients to bring money that is not even yours In other western world the loan officer earn more than the marketer' |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Nobody: 12:08pm On Nov 20, 2014 |
If my future wife happens to b a banker, she must resign,...i mean must... 2 Likes 1 Share |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by livinbygrace: 12:08pm On Nov 20, 2014 |
Good news but so many lunatics on this forum. |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by sunnymatty(m): 12:09pm On Nov 20, 2014 |
I love dis new Governor u re doin ur job, almost al d bank ladys hav gone into prostitution in d name of meetin target. Dey will be cheakin ur account to see if u hav large amount of money so dey can apply u thanks man nice work |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by NosaHenry(m): 12:10pm On Nov 20, 2014 |
See who is talking. Emefiele that almost killed us in Zenith bank 9 Likes |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Nobody: 12:11pm On Nov 20, 2014 |
Adesiji77: Banking industry in 9ja is equivalent to prostitution industry.... U see a damn beautiful gurl opening up her leg in other to meet the supposed target. They don't have choice if i promise to open up an a/c with N5m,she gon give it to me. Thats why dem female bankers find it hard to marry,they keep lamenting that the cleaners keep getting married while em being the classy chic ain't getting attention from men. 5 Likes 1 Share |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by yougos(m): 12:14pm On Nov 20, 2014 |
Dats good Please enforce it Before some Female Bankers turns from COMMERCIAL BANK MARKETERS to COMMERCIAL SEX-WORKERS 4 Likes |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by MAYOWAAK: 12:16pm On Nov 20, 2014 |
BEFORE WE BARRAGE OUR BANKS TO DEATH These days, I am always saddened when I go into any banking hall in Nigeria. The environment is often depressing. Maybe it’s that desperate look on the faces of the staff, that tells you they’ve been barraged and insulted this morning, threatened that their jobs could disappear at any moment. The culture has always been that the board asks the MD to perform the impossible, all they are interested in is the huge profits. The MD equally unleashes terror on his EDs and GMs. It’s like nuclear energy. You know, the atomic bomb. It starts small, but by the time it rolls down the rank and file, it picks up velocity, meanness and wickedness. This culture is what drives many a ‘bank worker’ to hate the system so much, they too start thinking of defrauding the banks. By the time the hateful energy reaches the guy on the shop floor, he just can’t take it anymore. It also drives them to make mistakes in their duties, apart from taking their dignity away. The marketing guys bear the brunt. These days, many banks have employed marketers based strictly on commission. Some earn just N30,000 (less than $200) a month, if they don’t manage to open new accounts. Marketing cars? Where you see am? I see them sometimes trekking long distances after leaving my office. It’s depressing. Banking is far from what it used to be. In my first exposure to being a relationship officer, in 1997, I was allocated about 14 accounts, and told to grow the business on them. I was given a bit of pressure to open new good relationships. But today, the management of banks no longer care about relationships. They give instructions to their staff to go open 10,000 accounts each. Let me give them a feedback right here right now; it is damaging to your business, to the psychology of your staff, to how we the customers view you, and to the banking profession at large. It just does not make sense. How on earth is anyone going to manage 10,000 accounts? Not even 1,000. Not even 100. What happened to banking? Most of the problem came from the executives, past and present. Nigerian banks are commercial banks. But they want to roll like the investment banks of Canary Wharf or Wall Street. Only better. They want to earn – at the top levels – better than those guys. They can even do personal deals that the Wall Street bankers would get jailed for. They live large, become high rollers. Some get courted by the government, given awards and appointed into all sorts of committees. This creates antagonism between the banks and the customers. The regulator steps in, determines the excesses of the banks, and rolls out the sanctions. Unfortunately, it is the rank and file who suffers. The first to get wasted are those junior people. They are the first whose careers are stalled. In the days when the current executives were climbing the ladder, they knew they had a career. But today, careers are finished. What you get when you walk into a banking hall, apart from empty cubicles where they had planned to have human beings dispensing cash until e-Banking came along, are those sad eyes that I hate to look into. It’s not as if it’s easy for those of us outside, but it depresses one to see those faces, and oftentimes, to be told by them in hushed tones just how desperate things are, as they slip their CVs into your palms or obtain your email for the same purpose. And then we all form the mob and rain down on the banks. Every customer is sure that they are overcharging his/her account even if there is no evidence. No one wants N1.00 to be taken as charges for anything. Some banks used to pay you for withdrawing money from your account. When I see the fees they take for sundry services, I wonder how they survive. For me, the issue is not generator and diesel. As standard businesses, with loads of staff to pay, you have to generate some good income. Nigerians say the banks should face their core business of lending. But we forget that even we Nigerians are very bad debtors. See what we had to move to AMCON, bailouts for many of our big men, many of whom hold national awards! The nation as a whole had to pay. For normal customers, 70% - 80% of the loans go bad. You give a loan and the man thinks it is just cash flow by any means. He decides to re-bury his grandmother who died 25 years ago! He pays tithes of 10% to his church because his pastor told him “you have to pay on every cash flow so that ‘Gaaad’ blesses the rest!!” But I urge that we have a rethink about the way we have been raining down on our banks. They are shrinking. Their businesses are shrinking. Even their staff are shrinking in size. No, it’s not the gym. It’s the stress and bad cash flow. It’s the sanctions they receive from their bosses who are mostly at their wit’s end. It’s the psychological trauma of being cursed at every meeting for not meeting ‘targets’. It’s the trauma of being employed as an internal control officer, an internal auditor, only to be asked to go and meet your family and raise N200million in new accounts. It’s the apparent failure of the current banking business model. The problem is; can we imagine how the ideal situation will look like? Certainly, the executives have to reduce their expectations. They probably have to earn less because the cash flows will not sustain the expectations of the past. But those at the lower echelon need protection from the regulators and the rest of us. They need a proper return to the days when they could be happy that they have careers. The exuberance of the Soludo days – when branches were opened everywhere at huge costs – are since over. The illusions have disappeared. The industry has shaken out. Many have been laid off. But we should not stand aside as the industry shrinks to death. Indeed we should not bring out our own machetes and inflict more blows as part of the lynchmob. I hope the banks find their mojos back. A lot of them are just marking time. The days of innocence are gone. Even we the people will not be happy with the picture when it all comes tumbling down. It’s also about the disappearance of the middle class. The only ‘safe’ industry in Nigeria is oil and gas. Telecoms has shaken out too; is still shaking out. Let’s have some mercy for our banks and bankers please. Believe it or not, they need it. BY:TOPE FASUA 26 Likes 5 Shares |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by dotna(m): 12:22pm On Nov 20, 2014 |
high time joor |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by ericgold(m): 12:22pm On Nov 20, 2014 |
Abeg make una help me summarize wetin dis one dy talk..biko dis guy jst make me run go chemist mman shop for panadol....na wa MAYOWAAK: 1 Like |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by chuckdee4(m): 12:23pm On Nov 20, 2014 |
Why are CBN pushing this initiative, shouldn't it be NLC. If its to collect bribe they will be first in the queue but they are not quick to protect the average Nigerian worker |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by Lero15(m): 12:23pm On Nov 20, 2014 |
singlefade25:amen. congrats. |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by skullbaba: 12:24pm On Nov 20, 2014 |
All banks are guilty of it (may Allah forgive me with this allegation). They employ girls to sleep with old men and guys to sleep with sugar mummy. They turn them to corporate prostitute |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by unmask: 12:28pm On Nov 20, 2014 |
rubbish talk fromn cbn.... as he rightly mentioned, it is a pure business decision so cbn should mind their business......isn't cbn going to remove COT? Didn't cbn increase the crr on public funds? So how are the banks meant to stay afloat? By giving "1 million" naira targets? 1 Like |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by champele40: 12:32pm On Nov 20, 2014 |
Nna men,I tire o!.the way young girls sell their body for the sake of banks.chai diaris god o! 2 Likes |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by singlefade25(f): 12:32pm On Nov 20, 2014 |
Lero15:thanks dear 1 Like |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by UjSizzle(f): 12:35pm On Nov 20, 2014 |
Tell them! Those people are in the business of exploiting their marketers, and then giving them petty cash as salary 1 Like |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by MAYOWAAK: 12:36pm On Nov 20, 2014 |
LAMENTATIONS OF A FRIEND OF MINE: As a banker, I sincerely never look forward to resuming next day after close of business everyday. The environment is tense,vindictive, scapegoat-ish, etc.That's how condescending the banking environments are now.We hardly sleep. Am afraid, a huge implosion is on its way if the industry is not strictly regulated as regards treatment of the workforce.Bulk of bank workers nowadays are zombies,you dare not use your initiative and things go bad, and you dare not limit your focus on processes and procedures and customer complain...you will either way pay! In fact, this work is already testing my sanity. I have to leave it before my head explode. 1 Like |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by GlorifiedTunde(m): 12:37pm On Nov 20, 2014 |
Its about the time... |
Re: Stop Placing Unrealistic Targets On Marketers, CBN Tells Banks by ashewopeckas(f): 12:37pm On Nov 20, 2014 |
Female bankers/marketers are spoiling business for us. Those rich men claim its better to pansh them cos all dey do is promise dem money to pansh dem but our own na cash and carry 1 Like |
(1) (2) (3) (4) (5) (6) (Reply)
Unable To Create Account On The Federal Civil Service Recruitment Portal / My Experience With NDLEA Portal / How I Lost A Beautiful Job Opportunity Carelessly
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 74 |