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Nairaland Forum / Nairaland / General / Business / How To Know If Your Bank Is Financially Sound (16905 Views)
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How To Know If Your Bank Is Financially Sound by nairametrics: 10:32pm On Sep 24, 2017 |
A member of the Central Bank Monetary policy committee Dr Doyin Salami, recently expressed worries that the NPL (non performing loans) of banks was above regulatory limits and was on the rise. According to him, combining the four fringe banks that were undercapitalized would equate to a Systematically Important Bank (SIB), and the failure of one of them could lead to a banking crisis. https://nairametrics.com/using-npl-car-and-liquidity-ratio-to-determine-the-financial-health-of-a-bank/ 6 Likes 4 Shares |
Re: How To Know If Your Bank Is Financially Sound by Beesluv: 11:17pm On Sep 24, 2017 |
Thanks for the info 1 Like 2 Shares |
Re: How To Know If Your Bank Is Financially Sound by nairavsdollars(f): 9:16am On Sep 25, 2017 |
No bank is financially sound in Nigeria no thanks to Buhari’s thoughtless TSA 16 Likes 1 Share |
Re: How To Know If Your Bank Is Financially Sound by Ayo4251(m): 9:17am On Sep 25, 2017 |
Okay |
Re: How To Know If Your Bank Is Financially Sound by Valindazz(m): 9:17am On Sep 25, 2017 |
To know if your bank is stable press *556# 9 Likes |
Re: How To Know If Your Bank Is Financially Sound by Benjom(m): 9:17am On Sep 25, 2017 |
I personally run several accounts with different banks just in case o 1 Like
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Re: How To Know If Your Bank Is Financially Sound by Financialfree: 9:17am On Sep 25, 2017 |
. |
Re: How To Know If Your Bank Is Financially Sound by MadCow1: 9:18am On Sep 25, 2017 |
nairavsdollars: Lol. So Banks should rely on Government money to be sound? 18 Likes 2 Shares |
Re: How To Know If Your Bank Is Financially Sound by silasweb(m): 9:19am On Sep 25, 2017 |
Thanks for the tips |
Re: How To Know If Your Bank Is Financially Sound by lelvin(m): 9:19am On Sep 25, 2017 |
Okay |
Re: How To Know If Your Bank Is Financially Sound by fpeter(f): 9:20am On Sep 25, 2017 |
shebi na for who get money |
Re: How To Know If Your Bank Is Financially Sound by nwakibie3(m): 9:21am On Sep 25, 2017 |
OP are u a Risk Analyst? |
Re: How To Know If Your Bank Is Financially Sound by mastermaestro(m): 9:21am On Sep 25, 2017 |
Re: How To Know If Your Bank Is Financially Sound by aieromon(m): 9:21am On Sep 25, 2017 |
Why use a picture of Intercontinental Bank? Erastus Akingbola is probably chilling somewhere in the Bahamas. 3 Likes 1 Share |
Re: How To Know If Your Bank Is Financially Sound by omowolewa: 9:22am On Sep 25, 2017 |
Change that picture to 'Now Closed'. As good as you ratios are, I just hope the figures are real. Above all, why would you keep much cash in banks, 'Money is what money does', currency belongs to the CBN, wealth belongs to citizens. 2 Likes |
Re: How To Know If Your Bank Is Financially Sound by babyfaceafrica: 9:22am On Sep 25, 2017 |
The only banks I trust in naija is first,gtb,access,zenith and uba 5 Likes 3 Shares |
Re: How To Know If Your Bank Is Financially Sound by Danny287(m): 9:23am On Sep 25, 2017 |
hmmmm think I have to read again in other to understand. Anyone with same problem here? 1 Like |
Re: How To Know If Your Bank Is Financially Sound by DWJOBScom(m): 9:23am On Sep 25, 2017 |
This is serious and sad |
Re: How To Know If Your Bank Is Financially Sound by swtdrms(m): 9:23am On Sep 25, 2017 |
Its better am knowing this now to avoid unpleasant stories. I can't imagine putting all my business earnings, all in this world and other worlds in a bank and waking up one day to hear my money is gone! Just like that's? Time to bank with only the strong banks |
Re: How To Know If Your Bank Is Financially Sound by eleojo23: 9:24am On Sep 25, 2017 |
I hope Firstbank is financially sound sha 2 Likes |
Re: How To Know If Your Bank Is Financially Sound by free2ryhme: 9:25am On Sep 25, 2017 |
nairametrics: What is my concern if they are financially sound. Are they paying me for knowing that they steal everyday Oga stay one side |
Re: How To Know If Your Bank Is Financially Sound by miniziter(m): 9:26am On Sep 25, 2017 |
I have come to realise that banks that start with "S" are not always strong in Nigeria. 2 Likes |
Re: How To Know If Your Bank Is Financially Sound by Alphasoar(m): 9:27am On Sep 25, 2017 |
Please Someone should check Unity Bank for me. |
Re: How To Know If Your Bank Is Financially Sound by itiswellandwell: 9:30am On Sep 25, 2017 |
Ok. Check my signature for ongoing promo of our full capacity powerbank |
Re: How To Know If Your Bank Is Financially Sound by biggerboyc(m): 9:33am On Sep 25, 2017 |
Ok |
Re: How To Know If Your Bank Is Financially Sound by HMZi: 9:33am On Sep 25, 2017 |
at the end the FG will bail them out cos if they dont the whole economy go quench.The banks know this so they fvvvvvks with the rules |
Re: How To Know If Your Bank Is Financially Sound by RexEmmyGee: 9:33am On Sep 25, 2017 |
They will send you birthday and Christmas messages |
Re: How To Know If Your Bank Is Financially Sound by Olibboy: 9:35am On Sep 25, 2017 |
Since July, My account balance is #522:00 |
Re: How To Know If Your Bank Is Financially Sound by dingbang(m): 9:37am On Sep 25, 2017 |
First bank ji ego |
Re: How To Know If Your Bank Is Financially Sound by samzzycash(m): 9:39am On Sep 25, 2017 |
I have nothing to worry about with my #500 account balance.. Shuor |
Re: How To Know If Your Bank Is Financially Sound by wildchild02: 9:40am On Sep 25, 2017 |
If its not ZenithBank, it can never ne ZenithBank Check my signature to order your football jerseys and get FREE CUSTOMIZATION, YES you heard me right FREE CUSTOMIZATION |
Re: How To Know If Your Bank Is Financially Sound by maisauki: 9:47am On Sep 25, 2017 |
nairavsdollars:was it buhari that initiated d tsa?you're just hellbent on smearing d image of an innocent man and he's old enough to be your father 1 Like |
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