Good, in this trying time; nobody deserves to be laid off. Recall all the already sacked Access bank staff members with immediate alacrity.

.

Nice and commendable move....

Please, sanction those idiots called Access Bank...

After showing off by donating billions to a corrupt government, you quickly jumped into dishing out retrenchment letters. Nonsense!!!

What will happen to already laid off Access Bank Staffs.

SLAP44:
I need explanation, are the CBN and bankers committee now doing the work of managing the bank which I thought were business establishments capable of making and enforcing their own decisions as they deem fit in order to remain in business.

Why then are the CBN interfering with the decision, if these banks experience distress because of the insistence the regulatory bodies, who will bear the consequences?

It's part of their regulatory functions. Even before now no bank can open or close a branch without CBN's approval.

This is a good news by the way.

Tpave:
Wow. This is a good way to go. Let's see how banks will abide by these rules first.

That man signature no be here ooo

I love signatures that long and serious.

It tells that the author is highly placed and responsible.

Person wey get sence make he kuku comot for bank work now now

Good news ooo.

The banker committee and CBN should also do something about the present access bank situation staff retrenchment.Access bank should be ban from arquired any other distressed financial institution,she doesn't really have the fund all na paper work..

Sounds audio till I get a mail of recall

They use our tax money to bail them out last time they f up.

SLAP44:
I need explanation, are the CBN and bankers committee now doing the work of managing the bank which I thought were business establishments capable of making and enforcing their own decisions as they deem fit in order to remain in business.

Why then are the CBN interfering with the decision, if these banks experience distress because of the insistence the regulatory bodies, who will bear the consequences?

This is nonsense

that means CBN will be bailing banks out for not sacking staffs.

So where will they get the bailout money from?

from tax payers.

Queenmark:
They did not bring solution. If banks are not making income how will they pay salaries?

CBN might let investors acquire access bank

If the govt is no going to provide Bailout then this is nonsense as it could lead to even more job losses when the entire bank collapses

Customers should expect ridiculous charges from their account from this period
CBN does not give free money to commercial banks and if they do it comes from somewhere

Angelfrost:
Nice and commendable move....

Please, sanction those idiots called Access Bank...

After showing off by donating billions to a corrupt government, you quickly jumped into dishing out retrenchment letters. Nonsense!!!

same useless bank that acquired diamond bank and international bank

SLAP44:
I need explanation, are the CBN and bankers committee now doing the work of managing the bank which I thought were business establishments capable of making and enforcing their own decisions as they deem fit in order to remain in business.

Why then are the CBN interfering with the decision, if these banks experience distress because of the insistence the regulatory bodies, who will bear the consequences?

What is your joy in people losing their jobs? Is it because you’re jobless so you want everybody to be like you?

We like directives in Naija

After Access BANK don lay off thousands how convenient

naptu2:


https://www.cbn.gov.ng/Out/2020/CCD/CBN%20Bankers%20Comm%20Suspend%20Layoffs.pdf

CBN will soon return the billion they donated to federal government in 10 folds. Congrats to the staffs

HarunaWest:

If CBN should order the banks not to lay off, that means there is an incentive involved..It's scratch my back I scratch yours. What I see most banks doing is to pray percentage salary.

better than laying off please. Job no dey

SLAP44:
I need explanation, are the CBN and bankers committee now doing the work of managing the bank which I thought were business establishments capable of making and enforcing their own decisions as they deem fit in order to remain in business.

Why then are the CBN interfering with the decision, if these banks experience distress because of the insistence the regulatory bodies, who will bear the consequences?

Indiscriminate deforestation is bad for any society but selective exploration of forests is good for societies ; relate the above to your submission.

sexylassie2:
This is nonsense

that means CBN will be bailing banks out for not sacking staff

And where would the money comes from if not from their ridiculous charges they will impose on bank account holders henceforth

SLAP44:
I need explanation, are the CBN and bankers committee now doing the work of managing the bank which I thought were business establishments capable of making and enforcing their own decisions as they deem fit in order to remain in business.

Why then are the CBN interfering with the decision, if these banks experience distress because of the insistence the regulatory bodies, who will bear the consequences?

Seems you are new in Nigeria

evansjeff:


What is your joy in people losing their jobs? Is it because you’re jobless so you want everybody to be like you?

There is no joy but every business must either cut cost in a downturn or close shop leading to another mass sacking

MyOpinion1:


And where would the money comes from if not from their ridiculous charges they will impose on bank account holders henceforth

exactly, so the bailout will be from taxpayers and account holders, they will be overcharging us for ridiculous services.

i wonder how they think in this country

Tpave:
Wow. This is a good way to go. Let's see how banks will abide by these rules first.

That man signature no be here ooo

You have eagle eye. Lol

I went back to see the Signature. No be here true true.

It would take James Bond to forge it.

Nnamdi KANU is live now on FM , Facebook, Skype and IMO .
Get hooked and learn

Buhari is working

Nice one

Postponing dooms day

Contract staff are not direct staff of the bank. They would sack contract staff.