shooo..ma sister will be the happiest to hear this..mehn bank marketers are suffering...I jex pray da act on it

One thing I keep telling people is if you are employed by a bank and you are asked to raise 5million naira every month ,and if you are able to do it . Then why not do the same thing for urself? The same way you market the bank to people ,why don't u market your ideas to people and raise money for your own business? If I can make it work for others then I can make it work for myself . But people just like the idea of job security and salary earning.

Obviously, moral standards have fallen too low in Nigeria. Otherwise, how can a decision that send bankers into imoral activities be termed just as ''business decision'' instead of a crime?. If our banks business decisions are making our ladies turn to prostitutes, isn't that a crime?. This's the type of thing, if discovered in the banking system of a country like Japan or China, the bank C.E.O may commit suicide out of shame or at least will honourably resign. And that's why their society move forward. But in Nigeria nobody takes responsibility, and that's why our country is the way it is.
CBN, you have every right to stop this nonsense cause your duty is to regulate Nigerian banks. This's not just a bad business decision, it's a crime!.

Fcmb na number one in this issue...get of my padi mike , oh boy him waka inside Taraba state kind of hot sun sotey him vex off him tie sitdon for one iya put canteen dey drink chilled sachet water looool . Pesin sha no go die na ...so mr emiefele nice move n advice ,hope they listen n do accordingly.

Sighs! this my boss wants to move me to marketing. I don't know how I will cope. It's making me sick. Been an operation staff all through.

First Bank too. Some of their cashiers look like they are still nursing at their mother's bosom. The marketers are tired and stressed.

Those banks now force married woman to sleep around in there fear of meeting up with 100 million targets .for a man to give his hard earned money he first like to romans the banker ,why is nigeria turning to hell for it s citizens because of poverty .

Adesiji77:
The Central Bank of Nigeria, CBN has warned commercial banks operating in the country against placing unrealistic deposit targets on their marketers. The apex bank gave the warning during the 2014 Bank Directors Association of Nigeria stakeholders’ forum held in Lagos.

The warning is as a result of the current practice by some financial institutions in the country whereby prospective employees are forced to meet unrealistic deposit target as a prerequisite for employment or promotion.

The practice, according to the CBN Governor, Mr. Godwin Emefiele who was represented at the forum by Oneybuchi Kelvin of the Banking Supervision Department, goes against the grains of acceptable ethical conduct and corporate governance. He told the gathering that the practice could induce negative moral implications.

According to him, forcing bank marketers, especially females to meet unrealistic deposit targets could influence their decision to engage in illegal and immoral acts. To curtail this trend, he said: “The CBN is using moral suasion. We have been talking to banks about it. It is a continuous effort that we are making and we see the trend coming down. We cannot sanction the banks because it a completely business decision. “But then we are telling banks that it is a wrong business decision. We have been speaking to them to change the strategy because it is affecting the banking culture and the landscape of the industry”

He added that the apex bank is working closely with the banks to reduce the amount of people that are compelled to resort to unethical means to meet unrealistic targets set by their banks. He further added that “The Governor of the CBN is using the instrumentality of the bankers’ committee to talk to the management of banks to stem down on some of these policies. The intention is not to kill the marketing departments but to reduce the pressure by reducing the unrealistic targets that they place on marketers. The target should be realistic.”

Also speaking, the President of BDAN, Dr. Sonny Kuku urged the apex bank to censor the activities of commercial banks forcing their marketers to meet up with unrealistic targets. “We cannot continue like this. It is against international best practice. Promotion or hiring should not be based on raising money to banks through any means. There has to be standard. That is the only way we can restore sanity to the system,” he said.

- See more at: http://www.vanguardngr.com/2014/11/stop-placing-unrealistic-targets-marketers-cbn-tells-banks/#sthash.US9EO1Wj.dpuf

CBN too should stop placing and enforcing unrealitic policies and regulations on banks. CBN is hampering the profitability of banks hence only a fraction of what can be made is made.

wuffdedonji:
Those banks now force married woman to sleep around in there fear of meeting up with 100 million targets .for a man to give his hard earned money he first like to romans the banker ,why is nigeria turning to hell for it s citizens because of poverty .

100 million naira target !!!!! Haba I don't believe this

Bank marketers are corporate oloshos. Marrying a female bank marketer is as good as marrying a nollywood actress.d bank manager wants to get down wt her, 8 out of every 10 male major depositor wants to lay her. Most of dem receive calls mainly from these male toasters/depositors like they are customer care reps of telcos.
Imagine d bank telling a marketer to get #10million monthly or loose her job.

God pls let them axed this before access bank serve me my employment letter.



Also NLC chairman should CC this to other companies setting unrealistic targets to their marketers, sales reps e.t.c, because this is not happening in banks alone.

yeah right! like CBN has a body that checks the HEAVY target placed on this marketers by the banks.... This one na story for the gods

Was that not wat Godwin Emefiele practised when he was DMD & MD of Zenith Bank! Why is he having a mind against what he's been doing all these years?

he have sacked many zenith banks staff when he was the then md of zenith bank due to lack of deposit mobilisation.

singlefade25:
CBN pls do the needful, abeg.




First to comment, so happy o. Good news coming my way in Jesus name

Am really tired of dis bank marketting,but am I really doing it 4 da moni d answa is no,having found out what d job is all about even thou I really have strong passion 4 d banking industry but not marketting,I have decided to do d job so it could boost my c.v.pls am really in need of anoda bank joB but not as a markette,or any oda job dat dos nt relate with marketing.pls some one b moved by d holy spirit on my behalf(christyluka83@gmail.com my email address or beta still call me on 08105256454.am in Nasarawa state and can go to any part of d country 4 a ready job)strictly contact if its bizness

olu4life:
I love this. Hope they listen to the governor. Sincerely its getting out of hand. Arrant nonsense!!!

Hmmmm, CBN governor, you want to stop executive..pr.....s....ion, these marketers grease our tired bones. The female goes for men, men go for aristo(sugar) mummies. Chei!! So these girls won't be giving me dates again to deposit. Lol. It is a good development though, enforcement, for where no be 9ija?

adeoladrg:
@Joecutie


Very well written!!!
In as much GOD did help you to put up a brilliant
write up of how HE doesn't exist,would you be
kind enough to ask for wisdom from GOD again to
carefully put up another brilliant write up of HIS
great Existence and also share with us?
Personally,I will be following your very next write
up from now and waiting for that one you'd be
writting about GOD's existence!!!
Thank you...

Alright bro, I'll sure do that, but that'll be later though. Thanks.

himkers:
Pls who is the CBN governor again?? This one seems to be so unpopular

Did u schooled in France?

onatisi:
100 million naira target !!!!! Haba I don't believe this

ehn You don't believe? This is even for freshers. You better believe.

FCMB is currently recruiting Marketers (B.Sc holders ) in Lagos that will have focus on bringing deposits from registered business owners
They will earn basic salary and generous commissions based on performance. Kindly send CVs to oluwasegun.oladipupo@fcmb.com.
Please help rebroadcast

dandollar1:
ehn You don't believe? This is even for freshers. You better believe.

bros , I don't know what to say again oo. But my question is ,the 100 million target is for how many years ? And what is the average salary of these marketers that are given these targets ?

koolg:
and then they will slash their salaries accordingly.
no free lunch in bank

Slash which salary abeg? Is the 35000 slave wage they pay that would be slashed. Rubbish.

Williamso:
Wonderful!!! One odekwu for you Emefiele!!!
(

Before WASTING your expensive odeku you better find out if Zenith Bank where Emefiele was recruited from to CBN does not practise the same odiously ridiculous target setting.

chai! I must study econs! I wana switch 4rm statistics to economics i dont knw how to do that yet 4dz school...

Walkopet:
Did u schooled in France?

No, but I schooled in Bulgaria

Adesiji77:
The Central Bank of Nigeria, CBN has warned commercial banks operating in the country against placing unrealistic deposit targets on their marketers. The apex bank gave the warning during the 2014 Bank Directors Association of Nigeria stakeholders’ forum held in Lagos.

The warning is as a result of the current practice by some financial institutions in the country whereby prospective employees are forced to meet unrealistic deposit target as a prerequisite for employment or promotion.

The practice, according to the CBN Governor, Mr. Godwin Emefiele who was represented at the forum by Oneybuchi Kelvin of the Banking Supervision Department, goes against the grains of acceptable ethical conduct and corporate governance. He told the gathering that the practice could induce negative moral implications.

According to him, forcing bank marketers, especially females to meet unrealistic deposit targets could influence their decision to engage in illegal and immoral acts. To curtail this trend, he said: “The CBN is using moral suasion. We have been talking to banks about it. It is a continuous effort that we are making and we see the trend coming down. We cannot sanction the banks because it a completely business decision. “But then we are telling banks that it is a wrong business decision. We have been speaking to them to change the strategy because it is affecting the banking culture and the landscape of the industry”

He added that the apex bank is working closely with the banks to reduce the amount of people that are compelled to resort to unethical means to meet unrealistic targets set by their banks. He further added that “The Governor of the CBN is using the instrumentality of the bankers’ committee to talk to the management of banks to stem down on some of these policies. The intention is not to kill the marketing departments but to reduce the pressure by reducing the unrealistic targets that they place on marketers. The target should be realistic.”

Also speaking, the President of BDAN, Dr. Sonny Kuku urged the apex bank to censor the activities of commercial banks forcing their marketers to meet up with unrealistic targets. “We cannot continue like this. It is against international best practice. Promotion or hiring should not be based on raising money to banks through any means. There has to be standard. That is the only way we can restore sanity to the system,” he said.

- See more at: http://www.vanguardngr.com/2014/11/stop-placing-unrealistic-targets-marketers-cbn-tells-banks/#sthash.US9EO1Wj.dpuf

Why didnt he stop it when he was DMD and then MD at Zenith Bank?? Na now wey im wake up after him and his fellow CEOs have used our sisters and daughters to make money for them by any means necessary... mstchewwww!!!

Anyway, let us see the measures CBN will take to curb it... The easiest way is to make sure that banks stop focusing on the growing of depositors funds as the only function of a bank...

himkers:


No, but I schooled in Bulgaria

Oh! I see

anonimi:


Before WASTING your expensive odeku you better find out if Zenith Bank where Emefiele was recruited from to CBN does not practise the same odiously ridiculous target setting.

I know... Unfortunately, you left out the remaining part of my post where I said nothing will be done if they continue to set their ridiculous targets...

MrEverest:
Slash which salary abeg? Is the 35000 slave wage they pay that would be slashed. Rubbish.

bros ,sorry but you mean if I employ marketers in nigeria and I pay them 35000 naira a month but I give them a fixed target of 500k ,they will do it ?

NosaHenry:
See who is talking. Emefiele that almost killed us in Zenith bank

Nearly means you are still alife. Kpele

banks should give 2% of whatever their worker brings in plus his salary. then it will make sense.