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Stress Test: Banks In Secret Merger Talks - Business (2) - Nairaland

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Banks Fail CBN's Stress Test On Foreign Operations / First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks / Seven Banks Fail Cbn’s Stress Test (2) (3) (4)

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Re: Stress Test: Banks In Secret Merger Talks by Dreambeat: 7:54pm On Oct 22, 2019
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Re: Stress Test: Banks In Secret Merger Talks by Dreambeat: 7:54pm On Oct 22, 2019
Kvngwitty:



DiamondAccess user I can't laugh I sent some money since 8 this morning after passing through lot of stress to login my brother customer never confirm money oooo
I sent money to a friend on Sunday to DiamondAccess, the beneficiary's account was credited around 6 pm today, after over 48 hours.Something is truly wrong with that bank.

3 Likes 1 Share

Re: Stress Test: Banks In Secret Merger Talks by 2nattie(m): 7:56pm On Oct 22, 2019
Isobug:
Op self....Next time research well before posting except if the news is first hand...Your message is somehow incomplete without mentioning names of the banks,at least for clarity purpose

There may be panick withdrawals by customers and that alone can worsen an already bad situation.

3 Likes

Re: Stress Test: Banks In Secret Merger Talks by Bbbwings: 7:57pm On Oct 22, 2019
I hope my tears blood and sweat is safe in these banks
Re: Stress Test: Banks In Secret Merger Talks by nellyelitz(m): 7:59pm On Oct 22, 2019
fatymore:
Accesbank network was wash yesterday.
for months now that bank has been a mess, they just credited me my money they took last week with a failed transfer and that's the 2nd in less than a month.

1 Like 1 Share

Re: Stress Test: Banks In Secret Merger Talks by Kvngwitty(m): 7:59pm On Oct 22, 2019
Dreambeat:
I sent money to a friend on Sunday to DiamondAccess, the beneficiary's account was credited around 6 pm today, after over 48 hours.Something is truly wrong with that bank.
.



They should just sell the 2 banks

1 Like

Re: Stress Test: Banks In Secret Merger Talks by Bbbwings: 8:00pm On Oct 22, 2019
Realdeals:
One Bank that will survive is Access bank
U dey work with CBN

1 Like

Re: Stress Test: Banks In Secret Merger Talks by valentineuwakwe(m): 8:01pm On Oct 22, 2019
hmmm...my money o, CNN should not tell me not to panic oo...I know what happen to the defunct Societe Generals Bank Limited..and abeg which of the banks are among those that were among the seven deposit money banks (DMBs) dat fail the stress test?
Re: Stress Test: Banks In Secret Merger Talks by ceasare: 8:02pm On Oct 22, 2019
If ecobank is not on that list then CBN is a body of jokers.infact ecobank shd get d award of d most useless bank in Nigeria.is it d old fed ministry retirees they use as cashier or their useless network that's always down every month end or d endless waiting hours to do a transaction of less than 10mins with other banks?

I give up on ecobank!!!

9 Likes 1 Share

Re: Stress Test: Banks In Secret Merger Talks by 2nattie(m): 8:02pm On Oct 22, 2019
Dreambeat:
I sent money to a friend on Sunday to DiamondAccess, the beneficiary's account was credited around 6 pm today, after over 48 hours.Something is truly wrong with that bank.

Access bank is among the biggest and strongest banks in Nigeria. (FUGAZ) First Bank, Access Bank,GT Bank, Access Bank &Zenith Bank. Access Bank is only trying to harmonise its system with that of Diamond, hence the intermittent network down time. Nothing really to get scared about.

6 Likes 1 Share

Re: Stress Test: Banks In Secret Merger Talks by PraisesG(f): 8:11pm On Oct 22, 2019
2nattie:


Access bank is among the biggest and strongest banks in Nigeria. (FUGAZ) First Bank, Access Bank,GT Bank, Access Bank &Zenith Bank. Access Bank is only trying to harmonise its system with that of Diamond, hence the intermittent network down time. Nothing really to get scared about.
Does the U stand for union bank.

1 Like 1 Share

Re: Stress Test: Banks In Secret Merger Talks by Nobody: 8:20pm On Oct 22, 2019
Freshprince91:




Wema!!!! Heard they're battling to recover the huge some of money the former MD gave out to his cronies.
I hope this won't affect their new set of graduate entry intakes, my skele just enter the bank o after staying at home for 2 years.

Her tohtoh just got listed on the stock exchange be that. That pussy has been recapitalised for bigger ticket transactions grin

4 Likes

Re: Stress Test: Banks In Secret Merger Talks by Lechkan(m): 8:22pm On Oct 22, 2019
Luckysbab:
Naija banks no dey top 500, same with our universities.

Wetin this Naija con fit boast of sef?

Zenith is no 417 in the world...

1 Like 1 Share

Re: Stress Test: Banks In Secret Merger Talks by Lechkan(m): 8:24pm On Oct 22, 2019
PraisesG:

Does the U stand for union bank.

United Bank for Africa....UBA

1 Like

Re: Stress Test: Banks In Secret Merger Talks by Kennitrust(m): 8:29pm On Oct 22, 2019
Re: Stress Test: Banks In Secret Merger Talks by Dreambeat: 8:37pm On Oct 22, 2019
2nattie:


Access bank is among the biggest and strongest banks in Nigeria. (FUGAZ) First Bank, Access Bank,GT Bank, Access Bank &Zenith Bank. Access Bank is only trying to harmonise its system with that of Diamond, hence the intermittent network down time. Nothing really to get scared about.
Good to know.Thank you so much. However, the guy's account officer did not explain this to him.It was a pretty large sum so the guy was panicking

2 Likes

Re: Stress Test: Banks In Secret Merger Talks by chigoziri2403(m): 8:40pm On Oct 22, 2019
fatymore:
Accesbank network was wash yesterday.
I am fed up already
Re: Stress Test: Banks In Secret Merger Talks by Luckysbab: 8:53pm On Oct 22, 2019
Lechkan:


Zenith is no 417 in the world...

Good to know. Thanks
Re: Stress Test: Banks In Secret Merger Talks by mamotalk: 9:00pm On Oct 22, 2019
I wrote certain thing on this forum not quite long and a critique posited that my presentation was a bit shallow; I didn't graduate with a first class, so there is little you need to demand from someone that went to iyanforogi school during the height of Abacha impunity. But all should know that our Mr integrator did not write any 'encyclical' before some Esau's saw him as the demagogue.

I can't argue much of economic theory, as some in Channels and the ilks, but in the headquarters of my local government somewhere in the sunshine state, out of two domiciled banks, one closed down due to low patronage and another pack up due to incident of armed robbery. In spite of this, the specialists, so to say, will, every morning on our TV be telling us figures which I don't understanding. Or how do you wante to convince my grand mom that the economy of our local government is growing as always portend by Mr Laid and co?
Re: Stress Test: Banks In Secret Merger Talks by OnyeMmeri: 9:03pm On Oct 22, 2019
Brandstudio01:
Its Better they Emerge if that would guarantee a Strong and Quality Banking System in Nigeria as we have them in the Overseas countries

Emerge bawo
Re: Stress Test: Banks In Secret Merger Talks by LifeQuest(m): 9:12pm On Oct 22, 2019
IjebuWarrior:
You no go see traffic for this article. How many of dem sabi wetin Stress-Testing mean sef? grin

Chai.. the future of 9ja youths and Nigeria.. cry

Predictably. You can say that again and again

2 Likes

Re: Stress Test: Banks In Secret Merger Talks by Armaggedon: 9:21pm On Oct 22, 2019
2nattie:


Access bank is among the biggest and strongest banks in Nigeria. (FUGAZ) First Bank, Access Bank,GT Bank, Access Bank &Zenith Bank. Access Bank is only trying to harmonise its system with that of Diamond, hence the intermittent network down time. Nothing really to get scared about.
The strongest bank is zenith.
Re: Stress Test: Banks In Secret Merger Talks by Nobody: 9:25pm On Oct 22, 2019
Kvngwitty:



DiamondAccess user I can't laugh I sent some money since 8 this morning after passing through lot of stress to login my brother customer never confirm money oooo

This access diamond of a thing tire me o.

Imagin a client wanted to make Payment on Sunday and was told my acct no does not exist. again today, I recharged my line from my account, I didn't get an alert nor get a recharge. I checked my bal, I was debited for the recharge yet no airtime in my phone. These people are idiots! Just frustrating ones life and biz upon the merger, they still no balance.

Make I no get a reversal first, theyll see my red eyes.
Re: Stress Test: Banks In Secret Merger Talks by notoriousbabe: 10:05pm On Oct 22, 2019
Thank God i bank with CBN, it can never go on distress lai lai
Re: Stress Test: Banks In Secret Merger Talks by INTROVERT(f): 10:37pm On Oct 22, 2019
Funny enough I know the banks but oath of secrecy won't let me say.... grin we will liquidate at least before the end of the year...
Re: Stress Test: Banks In Secret Merger Talks by edoairways: 11:18pm On Oct 22, 2019
Chukwudi4naija:
CBN is managing the situation to avoid sending a catastrophic signal. Let CBN mention First Bank (its buoyancy irrespective) tonight and watch it close down tomorrow. That is the power of signal in financial market. There is going to be merger following this development, but no cause for alarm as our money is well insured.
are you of the opinion that those distress banks have poor corporate governance?
Re: Stress Test: Banks In Secret Merger Talks by Chukzy44(m): 11:32pm On Oct 22, 2019
Jewessgratitude:


This access diamond of a thing tire me o.

Imagin a client wanted to make Payment on Sunday and was told my acct no does not exist. again today, I recharged my line from my account, I didn't get an alert nor get a recharge. I checked my bal, I was debited for the recharge yet no airtime in my phone. These people are idiots! Just frustrating ones life and biz upon the merger, they still no balance.



Make I no get a reversal first, theyll see my red eyes.

This is really frustrating and as well confusing.
the same fluctuating Access Bank,which is looking as if it has no hope of recuperating from their down servers, unharmonious database from merging , disjointed and clueless means of dragging out the bank from this mud.
Someone is there calling "one of the most strongest Banks?"
Hian
Odiegwu oo

1 Like

Re: Stress Test: Banks In Secret Merger Talks by Chukzy44(m): 11:38pm On Oct 22, 2019
INTROVERT:
Funny enough I know the banks but oath of secrecy won't let me say.... grin we will liquidate at least before the end of the year...

Hmm
C.B.N governor I hail oo grin grin
See eh I use God beg you
no put person for tension
Make I fit sleep this night oo
Re: Stress Test: Banks In Secret Merger Talks by InvertedHammer: 3:00am On Oct 23, 2019
/
Diamond bank.

Thank me later.

A stitch in time saves nine.

/
Re: Stress Test: Banks In Secret Merger Talks by sylve11: 8:09am On Oct 23, 2019
hmmm cool
Re: Stress Test: Banks In Secret Merger Talks by Nobody: 8:16am On Oct 23, 2019
RuddyFusion:
Let's guess...I'm sure

Wema
sterling and ProvidusBank is among the 7

And FCMB...UNITY...HERITAGE and?

Mentioning Wema is like mentioning First bank
Banks that have been before u were born.

If only you know.

1 Like 1 Share

Re: Stress Test: Banks In Secret Merger Talks by Fyngal1(f): 9:43am On Oct 23, 2019
Kai! Nigeria my country sad
Heritage bank suppose join that list sha because i really don't understand that bank

1 Like 1 Share

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