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Nairaland Forum / Nairaland / General / Business / Skye Bank Crisis: What It Means For Your Money- Naijabankers.com (30849 Views)
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Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by dearie(m): 2:34pm On Jul 05, 2016 |
http://naijabankers.com/viewtopic.php?f=3&t=3058 43 Likes 7 Shares
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Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by HungerBAD: 2:34pm On Jul 05, 2016 |
Thanks for this info. On the assets declaration forms,prior to the Presidential election of last year. I was curious to why Buhari only operated one account anywhere in the World,and that was a Union Bank Account. A former President?privy to insiders informations?and only trusted one Bank?that was how I ported to Union Bank. If it is good for Buhari,it is good for me. I do not trust this new banks. 44 Likes 3 Shares |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by dahmie2013: 2:47pm On Jul 05, 2016 |
Thanks OP! Highly informative. 3 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Adesiji77: 4:09pm On Jul 05, 2016 |
Following back-to-back Cc: lalasticlala, dominique |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by veekid(m): 5:39pm On Jul 05, 2016 |
Nice write up |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by nkemoma(m): 5:39pm On Jul 05, 2016 |
yep |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Millz404(m): 5:40pm On Jul 05, 2016 |
Mtchew.... Me sef just carried meself and opened a corporate account with them recently..... And access bank is sharing fench with dem o... 2 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by jamzzy28(m): 5:41pm On Jul 05, 2016 |
Come again |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by sanandreas(m): 5:42pm On Jul 05, 2016 |
Just remembered we have shares there jeez!!! 3 Likes 1 Share |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by flokii: 5:43pm On Jul 05, 2016 |
Nawa o.. Summary please |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by bikerboy1(m): 5:43pm On Jul 05, 2016 |
Ramadan break should allow me withdraw my money before it enters voice mail. Mbok! 3 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by seunoni34(m): 5:45pm On Jul 05, 2016 |
Better to tell all my family members banking with skye to withdraw now. 2 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Lachynos2k2(m): 5:48pm On Jul 05, 2016 |
I knew it.. Skype bank that stole $600 from my Dom account.. Umuahia branch 4 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by davide470(m): 5:49pm On Jul 05, 2016 |
I wonder why people are panicking. Banks cannot just fail again as the likes of what happened during Sanusi era. Now we have AMCON! and a functional CBN. In other news, if you work in a firm (banks or what-not) and the Chairman of the firm associate with some political undertones, please start looking for an EXIT! Fast.. ..and I pity those who bought Skye bank shares though.. (-9.5% in one day!) 9 Likes 1 Share |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Nobody: 5:52pm On Jul 05, 2016 |
Amazing write up and fp delivery by SuperMod Anyway, I am now booking seat for Saraki's Heritage Bank.....pls readers should take note and the others below 2 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Vision4God: 5:52pm On Jul 05, 2016 |
Waow. Nice OP 1 Like |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by iyatrustee(f): 5:53pm On Jul 05, 2016 |
Unfortunately, this is Nigeria! I remember being in this situation as a marketer for Union Bank when Sanusi changed our management. You would preach a whole sermon convincing them that their deposit is safe. They have made up their minds to move their funds. People are too afraid of our systems that they play it safe. Some would tell you they have lost monies in Societe General and Savannah banks and do not want a repeat. Sad truth is that some bank marketers are going to meet their targets effortlessly now as those panic withdrawals are going to other strong banks. I heard first bank is having issues too? Can anyone corroborate? 10 Likes 1 Share |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Nobody: 5:55pm On Jul 05, 2016 |
Sell shares, but where will you find buyers! 2 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by idrisalomagold(m): 5:57pm On Jul 05, 2016 |
Hmm no wonder a girl called me to come and activate my account which I opened in 2007while in Youth service then to collect my allowed. I also get mails from them nearly everyday. |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Icecomrade: 5:58pm On Jul 05, 2016 |
Skye Bank is still a healthy bank. Just wondering the basis for this long text book. The reality is that the present economy is going to have an adverse effect on the financial sector. All the banks are burning hard under this government economy until something drastic is done. CBN policy is killing. Today that useless CBN comes up with a policy, 1 or 2 months after, the policies are reversed. Income lines are yanked off. TSA taken away liquidity from the financial sector. Budget is delayed and passed without implementation. Cost has increased with subsidy removal. CBN should prepare for more of this. This government will kill our economy. Abeg make una leave skye Bank alone jare and deal with the real issues. I have 2 accounts there and am not moving my funds 25 Likes 3 Shares |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by tpbehappy(m): 5:58pm On Jul 05, 2016 |
Kudos to the CBN on this. We are gradually getting there. |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by PearlStreet(m): 5:59pm On Jul 05, 2016 |
iyatrustee: I read an earlier report today where it was stated that Oba Otudeko former Chairman of First Bank and presently a Director is owing First Bank 82Billion Naira. Also, FBN gave out a lot of dollae-denominated loans to players in the Oil n Gas industry. Now that the dollar is up but oil prices are down, the borrowers are unable to pay up. HungerBAD: Union Bank also had it's share of troubles. That was when Barth Ebong was removed along with Erastus Akingbola and Cecelia Ibru. 7 Likes 1 Share |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Kunberg: 6:02pm On Jul 05, 2016 |
Going to withdraw my money. ASAP! 1 Like 1 Share |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by OlujobaSamuel: 6:04pm On Jul 05, 2016 |
iyatrustee:it's true, first bank is having issues, uba is also having. uba is not as much as that of first bank. let's hope they all won't go down. to cbn, how was Skye alloed to acquire afribank despite having all these issues? 3 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by darocha1: 6:04pm On Jul 05, 2016 |
Good info |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by Babs2040: 6:05pm On Jul 05, 2016 |
PLEASE WHATS D HEALTH STATUS OF ECOBANK & DIAMOND? |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by iyatrustee(f): 6:06pm On Jul 05, 2016 |
OlujobaSamuel: Exactly. 1 Like |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by arterxerxes: 6:07pm On Jul 05, 2016 |
Millz404: May be their crisis may extend to Access Bank, why are you always eyeing banks on the verge of collapsing? 1 Like |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by oloolo: 6:10pm On Jul 05, 2016 |
A |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by experimentist: 6:12pm On Jul 05, 2016 |
[size=15pt]So I should begin reading this long novel. Even Don Puzo's Fools Die that's interesting I haven't finish yet. And well, my money is at Zenith and can't be frozen like Fayose's cos it ain't fron Dasuki's gate[/size] 2 Likes |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by davide470(m): 6:12pm On Jul 05, 2016 |
iyatrustee:Their results was not too good. Non Performing Loan ratio of about 18%, Revenue Decline of c.84%, impairment losses. They still paid small dividend sha based on historical trends and with their "too big to fail" status, their liquidity ratio and CAR was above the minimum requirements. 4 Likes 2 Shares |
Re: Skye Bank Crisis: What It Means For Your Money- Naijabankers.com by mradjoy(m): 6:13pm On Jul 05, 2016 |
I have an inactive savings and current account with them, but my wife's life savings is with this stupid bank. |
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