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Nairaland Forum / Nairaland / General / Business / Union Bank Sells UK Subsidiary (20277 Views)
Changpeng Zhao, Binance CEO Says Operations Of Nigerian Subsidiary Is Fraudulent / Shoprite Concludes Sale Of Its Equity Stake (100%) In Its Nigeria Subsidiary / Union Bank Replies An Angry Customer Who Wants To Leave The Bank On Twitter (2) (3) (4)
Re: Union Bank Sells UK Subsidiary by BanevsJoker(m): 9:03pm On Jan 28, 2020 |
dvaliant:Na wah oh. I had typed mine before seeing this. Apparently, "mad oh". |
Re: Union Bank Sells UK Subsidiary by Witchersunited: 9:03pm On Jan 28, 2020 |
Patrioticman007:Cayman islands is under UK They take all those illegal money and loan legal businesses in UK UK is the financial services capital of the world This move by Union Bank has nothing to do with brexit, cause they weren't generating sufficient revenue. |
Re: Union Bank Sells UK Subsidiary by mmsen: 9:05pm On Jan 28, 2020 |
Witchersunited: They are in an economic slump and about to leave the largest trading bloc in human history. Other banks are moving their European HQs from London to Frankfurt and Paris. https://www.reuters.com/article/uk-britain-eu-baml-idUSKBN1JM1R7 https://news.efinancialcareers.com/uk-en/3000398/brexit-banks-moving-out-of-london |
Re: Union Bank Sells UK Subsidiary by farobat(m): 9:07pm On Jan 28, 2020 |
This seems like Deja Vu Looking like similar scenario of a bank in Nigeria sometimes in 2018 1 Like |
Re: Union Bank Sells UK Subsidiary by sholws(m): 9:08pm On Jan 28, 2020 |
When a bank starts selling it's subsidiaries it's in trouble 3 Likes |
Re: Union Bank Sells UK Subsidiary by oluwaahmed: 9:10pm On Jan 28, 2020 |
Access bank approaching union bank HQ like... 3 Likes
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Re: Union Bank Sells UK Subsidiary by erico2k2(m): 9:11pm On Jan 28, 2020 |
mmsen:Wrong.its going to be stronger.check.the pounds went up wen boris women and forged ahead with Brexit. |
Re: Union Bank Sells UK Subsidiary by trueconscience(m): 9:12pm On Jan 28, 2020 |
MosakuAW: You are very wrong. Step into one of the branches today and you'll be wowed. I am talking from a place of experience. 4 Likes |
Re: Union Bank Sells UK Subsidiary by scribble: 9:18pm On Jan 28, 2020 |
Very corrupt bank I'm sure the regulators are tired of their shady dealings in UK 1 Like |
Re: Union Bank Sells UK Subsidiary by IdrisE(m): 9:21pm On Jan 28, 2020 |
@UBUK Park joor IF UBN want park join make dem do, make person rest of charges |
Re: Union Bank Sells UK Subsidiary by UnknownT: 9:22pm On Jan 28, 2020 |
Make i jejely activate my mobile banking app with the bank in case push turns to shove i can move all my money to another bank. Maka ihe Onitsha gwara Obosi 1 Like |
Re: Union Bank Sells UK Subsidiary by obatan(m): 9:27pm On Jan 28, 2020 |
ignis:who then do you want us to blame? Or are you ignorant of the fact that the government of buhari is of no good to Nigerians. 2 Likes |
Re: Union Bank Sells UK Subsidiary by omoadeleye(m): 9:28pm On Jan 28, 2020 |
MosakuAW: They always tag the bank as old peoples bank. One of the customers service reps at Union bank was surprised as how i was able to set the ussd code for banking on my brother's phone... The woman was like wow... How did you do it? Mehn, i felt embarrassed at the old.woman oo... Just ordinary ussd code banking 1 Like |
Re: Union Bank Sells UK Subsidiary by jamace(m): 9:31pm On Jan 28, 2020 |
No wonder the stock depreciated today on NSE. 1 Like |
Re: Union Bank Sells UK Subsidiary by dasparrow: 9:41pm On Jan 28, 2020 |
Once these banks start selling their UK subsidiary, they are getting ready to be bought over by another bank. Is that not what happened with Diamond Bank? Very soon, Access bank will buy up all the banks in Nigeria and Nigerians will only have one or two banks to service their banking needs. And that will be quite unfortunate. |
Re: Union Bank Sells UK Subsidiary by Topmaike007(m): 9:44pm On Jan 28, 2020 |
MosakuAW:when those old faces dies you will see new faces |
Re: Union Bank Sells UK Subsidiary by silverkings: 10:02pm On Jan 28, 2020 |
MosakuAW:Biko where you live |
Re: Union Bank Sells UK Subsidiary by AreaFada2: 10:12pm On Jan 28, 2020 |
ursullalinda:Their UK business like other Nigerian banks with UK subsidiaries have no licence for retail banking. So it limits their business hugely Imagine you need 5,000 pounds to open an account with most Nigerian banks in UK. Whereas you can open an account with just 10 pounds or less with some of the world's biggest banks like HSBC, City Bank, Barclay's and Lloyd's in UK. 1 Like |
Re: Union Bank Sells UK Subsidiary by bigtt76(f): 10:23pm On Jan 28, 2020 |
I smell exits here. Same tactics Diamond used. Sell foreign assets first and thereafter get acquired by a stronemger Nigerian bank... Maybe GTBank or Zenith Bank we are watching Kwanza: |
Re: Union Bank Sells UK Subsidiary by hopexter(m): 10:49pm On Jan 28, 2020 |
Johnnydamn01post=86188493: If you get the C of O of Nigeria bring am come I get buyer. 3% do me, I no greedy, legit business only. 1 Like |
Re: Union Bank Sells UK Subsidiary by wolexy14(m): 10:52pm On Jan 28, 2020 |
access bank to acquire union bank very soon .....its old news anyway......... |
Re: Union Bank Sells UK Subsidiary by kelvxyn: 11:07pm On Jan 28, 2020 |
Then what will u say of unity and wema bank? golddare: |
Re: Union Bank Sells UK Subsidiary by GEEBITE: 11:07pm On Jan 28, 2020 |
Fallacy,when last did your enter a branch and where? MosakuAW: 2 Likes 1 Share |
Re: Union Bank Sells UK Subsidiary by Tchange1(m): 11:13pm On Jan 28, 2020 |
Issues dey ooooo...Diamond bank started this way |
Re: Union Bank Sells UK Subsidiary by Onorie(f): 11:32pm On Jan 28, 2020 |
Tchange1: Exactly! rumors might start flying mid this year of their acquisition and Union Bank will be in denial� |
Re: Union Bank Sells UK Subsidiary by golddare: 11:40pm On Jan 28, 2020 |
kelvxyn:They are siblings jare, I tire for that Wema bank sef but i can understand with unity. |
Re: Union Bank Sells UK Subsidiary by Exodora: 11:45pm On Jan 28, 2020 |
MosakuAW:You are lying .Kaaaai I saw one in Umuahi#BankRoad# don't know if she is married ooooo, this woman fine die. I am not a lesbian oooo!!!!!! 1 Like |
Re: Union Bank Sells UK Subsidiary by MondayOsunbor(m): 5:59am On Jan 29, 2020 |
bikerboy1: what is smart about selling your property with no defined future for your business it only bring smaller market share and second class player 1 Like |
Re: Union Bank Sells UK Subsidiary by YTderin(f): 6:02am On Jan 29, 2020 |
MosakuAW: When was the last time you entered a branch. And where? 1 Like |
Re: Union Bank Sells UK Subsidiary by 2sexycom(m): 6:23am On Jan 29, 2020 |
ursullalinda:brother e no easy for anybody... na ogbon some of us dey use ni 1 Like |
Re: Union Bank Sells UK Subsidiary by Okoroawusa: 8:28am On Jan 29, 2020 |
ursullalinda:The change is real.. maybe you don't believe it but I do . No more excess money from states multiple accounts for Nigerian bank executives to play with. No more multiple offshore accounts from corrupt government officials. Before Buhari we thought banks opening branches across West Africa n UK was a sign of progress but last las we realize that it was all audio. Na our money dey sustain those branches. Welcome Union Bank...at least make your ATM machines work better. 1 Like |
Re: Union Bank Sells UK Subsidiary by guychidile: 11:16am On Jan 29, 2020 |
hmm,I'm still tongue tie |
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