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Nairaland Forum / Nairaland / General / Business / Ecobank May Shut Down 70 Branches Nationwide (25831 Views)
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Re: Ecobank May Shut Down 70 Branches Nationwide by ruffhandu: 10:45am On Apr 28, 2017 |
Due to losses kwa? |
Re: Ecobank May Shut Down 70 Branches Nationwide by Viking007(m): 10:45am On Apr 28, 2017 |
Lalaonpoint:Access bank? Very reliable, with active customer care services. |
Re: Ecobank May Shut Down 70 Branches Nationwide by EaglesT(m): 10:46am On Apr 28, 2017 |
They should not forget to shut OAU branch.. very useless branch! 2 Likes |
Re: Ecobank May Shut Down 70 Branches Nationwide by OLANIYI1985: 10:46am On Apr 28, 2017 |
Stelvin101:what is going on is buhari administration, making people loose hope and very bad economy. |
Re: Ecobank May Shut Down 70 Branches Nationwide by apollo13(m): 10:48am On Apr 28, 2017 |
Lalaonpoint:Lets see how it goes, optimization Indeed. 2 Likes |
Re: Ecobank May Shut Down 70 Branches Nationwide by kingwill2050(m): 10:48am On Apr 28, 2017 |
My organization used style to move the salary account to another bank. Na so all man move their cash too. Na mobile transfer I use wipe everything. They can use the remaining 400h |
Re: Ecobank May Shut Down 70 Branches Nationwide by curvilicious: 10:48am On Apr 28, 2017 |
More unemployment. Well, i no kuku get bank work. 70branches ×20 staffs =140unwmployed Assuming there are only 20staffs/branch o 1 Like |
Re: Ecobank May Shut Down 70 Branches Nationwide by kpaofame: 10:49am On Apr 28, 2017 |
no wonder dem alter my bio data come refuse give me my money....na to find time go fight collect that money oo... |
Re: Ecobank May Shut Down 70 Branches Nationwide by wink2015(m): 10:50am On Apr 28, 2017 |
Most banks in Nigeria ( quite a majority of them in Nigeria ) are fake! they are fakers and pretender! They put up a false profile to the public showcasing themselves to be successful and then present well and goodlooking staff especially the ladies to the public but they are dying within. They have been living on the fake money, looted money from politicians all this years. Now that Buhari has blocked access to the looting of BIG MONEY from government coffers the bank are now at the crossroad. Their only survival avenue is now to closed down branches. Banks are supposed to be the gateway to the Nigerian economy. How many Nigerian bank can really fund capital project in Nigeria. The bank themselves refuse to help starters and all this young business entrepreneur on the ground that they do not have collateral to present. 3 Likes 1 Share
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Re: Ecobank May Shut Down 70 Branches Nationwide by Nobody: 10:52am On Apr 28, 2017 |
OLANIYI1985: A question we all know the answers to. |
Re: Ecobank May Shut Down 70 Branches Nationwide by nkwuocha: 10:56am On Apr 28, 2017 |
And the failed contraption continues to sink..... . |
Re: Ecobank May Shut Down 70 Branches Nationwide by KaptainAfrika: 11:00am On Apr 28, 2017 |
When I was a student I opened an account in the then "OCEANIC BANK" now known as "ECOBANK" na so my money enter voicemail. I made the same mistake, and opened an account in "ECOBANK" after doing all the necessary documentation, oya give me atm card, internet banking - another voicemail. Why wont they close branches. ECOBANK THE VOICEMAIL BANK. 1 Like |
Re: Ecobank May Shut Down 70 Branches Nationwide by buffalowings: 11:08am On Apr 28, 2017 |
Somebody tell me that the mutual funds I subscribed to with this bank is safe Should I sell it |
Re: Ecobank May Shut Down 70 Branches Nationwide by tobaseye: 11:08am On Apr 28, 2017 |
axglide: Was about to say that too. They took more than what they can chew. The way and manner mergers and acquisition is being done in Nigeria brings a lot of questions to mind. Still waiting to hear from Access bank too..... How they managed to acquire Intercontinental banks still dey baffle me till date. Force marriage doesn't last long! 2 Likes |
Re: Ecobank May Shut Down 70 Branches Nationwide by Oyinda32(m): 11:11am On Apr 28, 2017 |
Lalaonpoint: I hope that's the intention. Thanks for clarifying. |
Re: Ecobank May Shut Down 70 Branches Nationwide by openmyway: 11:13am On Apr 28, 2017 |
This is bad news 1 Like |
Re: Ecobank May Shut Down 70 Branches Nationwide by dammybabanla: 11:16am On Apr 28, 2017 |
Viking007:Lol na by force? One chance! |
Re: Ecobank May Shut Down 70 Branches Nationwide by franzis(m): 11:23am On Apr 28, 2017 |
It's already started,merging 2-3 branches into one |
Re: Ecobank May Shut Down 70 Branches Nationwide by tomayira(f): 11:25am On Apr 28, 2017 |
Get a plan B and stay financial strong against all odds. Call me on 08037798195 and get started, its not a ponzi scheme, its helping hands international. Touching lives, Empowering people! |
Re: Ecobank May Shut Down 70 Branches Nationwide by mechanics(m): 11:34am On Apr 28, 2017 |
Stelvin101:lol, calm down, the bank is not going out of business, I guess they want to reduce the number of branches in states that are not meeting up to expectation. |
Re: Ecobank May Shut Down 70 Branches Nationwide by Cleopatra4(f): 11:35am On Apr 28, 2017 |
ROBO1722:Thank you! Deposit Na wahala, withdraw too problem. 1 Like |
Re: Ecobank May Shut Down 70 Branches Nationwide by adeoba2008(m): 11:37am On Apr 28, 2017 |
When some of their branches are bigger than two Zenith bank branches |
Re: Ecobank May Shut Down 70 Branches Nationwide by crowntoro(f): 11:42am On Apr 28, 2017 |
This is Job loss.. May God help Nigeria Saw it this morning too that Sterling Bank sacks or is about to sack 200 staffs But what is happening? This is getting serious 2 Likes 1 Share |
Re: Ecobank May Shut Down 70 Branches Nationwide by Ceede: 11:43am On Apr 28, 2017 |
metromediaboss:chaii bankruptcy spotted they want to render pple jobless again |
Re: Ecobank May Shut Down 70 Branches Nationwide by Kobicove(m): 11:47am On Apr 28, 2017 |
Lalaonpoint: Is that what you think will really happen? |
Re: Ecobank May Shut Down 70 Branches Nationwide by cutedharmee: 11:58am On Apr 28, 2017 |
Thank God I no longer use ecobank as my salary account. OYO |
Re: Ecobank May Shut Down 70 Branches Nationwide by fxid10(m): 12:21pm On Apr 28, 2017 |
Just when I was thinking of opening my personal branch of Eco Bank. Ah! Ahhh! Ahhhhhh!Just when I was thinking of opening my personal branch of Eco Bank. Ah! Ahhh! Ahhhhhh!Just when I was thinking of opening my personal branch of Eco Bank. Ah! Ahhh! Ahhhhhh! |
Re: Ecobank May Shut Down 70 Branches Nationwide by God4memi: 12:35pm On Apr 28, 2017 |
ECOBANK IS A FAILURE FROM THE TIME THEY TOOK OVER A BANK BIGGER, BETTER,STRONGER WITH GOOD BUILDING,EXCELLENT CUSTOMERS SERVICE(OCEANIC BANK)THAN THEM THEY SWALLOW FISH WEY BIG PASS THEM NOW THE FISH DON HOOK THEM FOR THROAT IS IT EASY, AWOOF WEY DEY RUN BELLE ECOBANK WORST CUSTOMERS SERVICE BANK 2 Likes |
Re: Ecobank May Shut Down 70 Branches Nationwide by henocherry18: 12:45pm On Apr 28, 2017 |
Stelvin101:Closing down some of their branches may not really be the solution. They should overhaul the management of the bank. After all how many branches do they have in the country 1 Like |
Re: Ecobank May Shut Down 70 Branches Nationwide by aniyphil: 12:47pm On Apr 28, 2017 |
. . .time to move that cash !
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Re: Ecobank May Shut Down 70 Branches Nationwide by Najwal: 1:11pm On Apr 28, 2017 |
You Mean They Failed With Flying Colors ummm I only use their ATM |
Re: Ecobank May Shut Down 70 Branches Nationwide by PoliticalWatch: 1:30pm On Apr 28, 2017 |
For the spare parts seller here on Nairaland,when you don't understand something you ask questions.Optimization means they will collapses the closed branches into the nearest ones,especially where they are paying high rents and relocate the staffs to other branches where there is shortage of human resources to enable better service delivery. Some branches are on the same street or building due to the merger with old Oceanic Bank,besides electronic banking is what they are aiming at and not all these one,people that have not bath for days will come and be queuing up to withdraw 500 Naira like we find in Diamond Bank, First Bank & Wema Bank of the Afonjas. Ecobank have said they want to use their 2016 profit after tax to clean or reduce their loan impaired losses from the days of Oceanic Bank,which is good for the bank instead of rolling over the losses and continue to declare paper profits like UBA,GTB,Zenith etc.They have simply made provisions for toxic asset,only informed people will know this and not all this Amala & ewedu dealers in isale Eko or Chinedu selling okirika sandals in Vespa. 2 Likes |
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