₦airaland Forum

samorobo:
If Trump is Impeached that might stop the us-china trade war and return resources prices back to normal....
Let's just see how this credit plays out

kelvxyn:
Are the banks complaining?

Dewze:
When they say "don't panic", that is when you should start panicking.

rentAcock:
Whether they want to admit it or not, the global economy is due for a recession next year and many banks may become insolvent. China's economy grew the slowest in 30yrs. Trump will be impeached and the economy is already showing signs of of a pending crash. BREXIT is a total mess and there's no leadership in the UK. Germany and the rest of Europe have negative yield, meaning you can borrow money from the bank as loan and instead of you paying interest, the bank will pay you interest. Nigeria has closed its borders which will result in economic downturn in west africa that may ripple to affect the whole continent and Nigeria as well.

The global economy is intertwined, no one lives in a vacuum anymore.

Josh44s:
I know Access Bank and Diamond Bank holds the number one and two spot among the 7 distress banks. If you know you know. I don move my cash in those banks to an old papa bank called Union Bank

Deoboss:
You are wrong on Access bank. Access bank is solvent & healthy.

It is Diamond bank that had some problems & issues but the acquisition by Access bank has addressed that a bit more though not fully integrated as 1 bank yet (Access/Diamond) as they are still 2 banks & not 1 as of today (when transfer options give you Access bank as a bank & Access/Diamond bank as another bank).

The bank you should be bothered about is Heritage bank etc

samorobo:
If Trump is Impeached that might stop the us-china trade war and return resources prices back to normal....
Let's just see how this credit plays out