Bankers' Forum

@ delaronte, magraw and other bankers in the house:

I got the feel that what keeps you at the beat is the fat pay, there is no passion nor joy in the labor you put in, right?

I am a blogger and not a banker and I am daily thrilled and rejoice in my labor and the pay (about $2,000), is still okay for me.

What you need is step to the next level (lol). Change your career and wrap it around your passion. Should you have passion and skill for writing  like me, then give blogging a go, and you would thank God for doing what you like and being get paid for it. ciao

I  completely agree with the last poster, i am a banker as well(swimming in  the ocean).You see, whether u are in marketing dept,operations,capital management,admin e.t.c.

what matters the most is how you make the best of the opportunity and time given to you.
i ised to be in operations(core operations) but after a while i got bored ,lucky for me i moved to marketing.as i speak i have gained so much out of it(not just sitting staring at the computer all day)i have no regrets,

as per the targets, its no big deal every management has to have a target, how do u acheive sucess if u don't set a target, its so unfortunate that in marketing targets are limited to figures alone, when i was in operation we had targets and it was a must to surpass the targets in other to have success,

my target in life is to be successsful,engage myself in what i enjoy doing "wrap up  my career around my passion", i have discovered my passions,  i am on that trail of seeing how i can convert it into a lucrative passion, and very soon i will achieve that success, marketing has given me the exposure and opportunity to meet with a lot of people who have taken that bold step and are millionaires today, bankers are amongst them, they always tell me that it takes a lot of courage as a salary earner to decide to become a salary payer.

in sipmle terms people, lets discover our passion,  put to best of use what ever we might be engagement in presently, make the best of it, then finnaaly set a target for urselves, "wrapp up our careers around our passion"

cheers,

@ All

check out this story that i found im the Guardian today.


   

   

   Monday, December 17, 2007

Govt worries over banks' style, practices

    * Ask EFCC, others to step in

By Enitar Ugwu

BANKS in the country may soon be in for questioning, judging by the number of petitions on the desk of President Musa Yar'Adua on their ethics.


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Indeed, not only are their corporate governance credentials being called to question, posers are being raised on the personal conduct of some executives. Exclusive information gathered by The Guardian shows that these petitions were woven around banks' involvement in practices such as:

    * laundering of money for governors;

    * involvement in round tripping;

    * buying of private jets by banks' bigwigs; and

    * accessing of bank loans for share buying.

      According to Presidency sources, the lifestyle of some bank executives has compelled shareholders to inundate the government with complaints and questions on what regulatory authorities are doing to verify whether some of the organisations are from the executives' private funds or shareholders' deposits. If shareholders' funds had been used, with whose approval?

      Some of the banks are saying that the private jets in question are not their personal property.

      One, for instance, informed The Guardian that the private jet is the property of his bank's asset management company.

      However, what is not clear is whether their acquisitions had the approval of the banks' shareholders.

      Even at that, the cost of the jets and mode of buying are yet unclear. Even so, the operational style of some of the banks has reportedly drawn the ire of the National Economic Intelligence (NEI) in addition to their handling of military pensions fund.

      The President is said to have referred the cases to the Central Bank of Nigeria (CBN).

      It was also gathered that the Economic and Financial Crimes Commission (EFCC) may be asked to look into some of these allegations such as banks' involvement in money laundering for governors.

      The CBN and other financial regulatory authorities such as Security and Exchange Commission (SEC), and Nigerian Stock Exchange (SEC) may also have been asked to take a look at banks' share purchases with a view to unravelling how some of their directors came about the huge funds they used in buying those shares.

      This scam has allegedly become rampant at this later stage of fund raising from the capital market by banks, owing to the CBN's resolve to slow down on the funds verification exercise for others.

      It would be recalled that it usually took up to six months for this verification exercise, prompting investors to call for a shorter period to enable them to access their investment.

      Sources said that the government worry is based on the need to avoid another round of bank distress.

      These developments are coming on the heels of the Federal Government's resolve to join the recently launched United Nations/World Bank Stolen Assets Recovery Initiative.

      This initiative is for the purpose of recovering substantial part of the nation's assets stashed away by present and past leaders with the assistance of banks.

      The initiative was launched last September by the World Bank, in partnership with the United Nations Office of Drugs and Crime (UNODC) to help developing countries recover assets stolen by corrupt leaders and invest them in effective, people-oriented development programmes.

      A source quoted the President as saying: "What I have done is to give the anti-corruption agencies like EFCC, ICPC, and the Code of Conduct Bureau the full support of government and total independence to act on any case of corruption."

© 2003 - 2005 @ Guardian Newspapers Limited (All Rights Reserved).
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@Ckc

Are you sure it's only women that can apply Cause i know a guy that will just fall in love with that nose of yours and especially your nice, small frame. Let me know if you think a man can also apply, so i can give you his number. AND HE HIS A FAT WHITE GUY!!!

@CKC
do this in the Guardian also. . . .
Seun should start charging for adverts

please don't crucify ckc. may be d guy don't know hw to talk. @ c.k.c hope you're serious. or u want big chicks in bank. Are u ready for anytin that will come up. I got a chick frm internet but it nt last. Goodluck my guy. HAPI SARRAH N XMAS TO MY FELLOW BANKERS.

HI PEOPLE, HOPE You ALL HAD A WOUNDERFUL SALLAR BREAK?

I AM A BANKER WITH PASSION

BEING A BANKER HAS BEEN MY DREAMS SINCE I WAS SMALL

You KNOW, IN PRIMARY SCHOOL THEN, UR TEACHER WOULD ASKED

WHAT ONE WANTS TO BECOME IN FUTURE.

BANKER, BANKER, AS ALWAYS BEEIN MY ANSWER

You SEE, WHEN You'RE DOING SOMETHING THAT You DESIRED TO DO

IF PEOPLE ARE FINDING IT DIFFICULT,

You WILL ALWAYS FIND UR'S EASY

SO, BEEN A BANKER IS MY DREAM COMES TRUE.

I LOVE MY JOBBBBBBBBBBB,

being honest there are no banks in Nigeria. people use them because there are no alternatives. i heard the Md of zenith bank said here in the UK that about 70% of Nigerians do not have bank accounts. you wonder why.  how do you bank with institutions you go through hell to pay into and another hell to remove your money

the non challant attitude slip-shod attitudes from the old days i worked in the industry as a cashier are still there. the amount of time you have to wait to get your money is disgusting.  at the moment we are having problem with people  unable to get the money that was sent to them via first inland bank from the uk since last week all in the name of systems being down. what kind of banking system is that?

too many people who have no clue how the system should work are clogging the system. there are too many hookers in the system.

i have been privileged to work in the industry here too and the difference in training and execution is clear.  the customer is king.   i know some of you will dispute that because you have had a rough time in banks here as to opening accounts and some other  stuff  but you have to know that is the price you pay for being a Nigerian along the doggy things our cousins do.   happy Christmas everyone

@joshjosh, thats a very myopic statement and a really poor generalization. If you worked in the industry way back then, you still can't use that as a yardstick to gauge how far the banks have come.
Banks really have improved, and believe it or not, we're trying to make the concept of "Customer is King" a truism, though it's pretty hard to adapt.
Time was when the HOS(, or accountant) used to sit in an armchair, on a raised platform(signifying his importance) and customers would really have to be important to gain access to him, let alone the almighty manager!This was all before I joined a bank.
My HOS presently sits in the back-office and has performed as temporary teller on days we had pressure. My manager sits in a glass office and you can see him whether you like it or not,

Hello Everybody,
am a student of Unijos but I need to start a small-scale bizness to support myself. Please I need a small loan from any bank who is willing to help me. Please how do I go about it and can anyone be of help???

@Dis Guy Link
I wonder.! 3rd party transfer is not working on my account yet.
If the service is not yet working, why telling us now. GTB should  Wait until system works before they adverstise.  Let it be noted by GTB that we customers can not comprise quality service because this is norm here in the UK and for any serious minded corporate organisation like GTB. Anything short will amount to reneging or breach of contract. I still like GTB though but they have to wake up and stop giving untenable excuse. Customers deserve the best and GTB should do everything for the best service.

compliment everybody.
I think there is price for every success, therefore, the bankers are only paying the price of what they earn. is not only in banking sector, the so-call oil companies has there own task as well. What ever your soufce of income now try to handle it well.
Wish you prosrerious 2008.

if only most bankers can open their eyes to see that there are more than a thousand and one better places in which you get paid good money without working like slaves as they do in most nigerian banks and at the end of the month earning peanuts compared to the work done.

Most people inNigeria today are bankers due to condition.Ignoance is bad o.

i wonder ooo!maybe kutuwenji, 

@bbamishe, Does deploying IT infrastructure mean that the bank will run on auto-pilot? Please try to imagine a scenario before spitting it out. Some bankers have no idea what to do with a PC aside running the bank's application; I actually had a member of staff who I can swear had never held a mouse-pad let alone MOUSE before being deployed to my branch and I handed him a full multi-media workstation. we had a barrel of laughs. Your IT solutions can make you work as fast as you can make it work, they go hand-in-hand.

@suze, If you could share a dozen of such places where we would earn more peanuts, I'm sure we'd be glad to crossover. BTW, the peanuts I earn tend to be quite sizeable, a few sacks really.

THE BEST BANK TO BE IN RIGHT NOW IS BANK PHB[size=pt][/size]


DID You HEAR OF THE LATEST REVIEW

MANAGERS NOW EARN 14M

WHAO

AND INSTEAD ZENITH IS CUTTING SALARY

BIG LAFF