₦airaland Forum

Helo house, will FBN reimburse AC candidates? For travel expenses??

Will all interviews take place in Lagos?

mayoor15:
With due respect sir, I doubt this will be useful for an assessment centre, what you just described is for an aptitude test.

Kowashiet

Okpanwu:
.
I did one of their interview last two weeks, prepare for something like Verbal assessment (20 Q), you will write essay, the question can come from any area of economy...... pls prepare well oooo. I wasn't successful then becos I failed one out of the two essay question. all de best.

Hows their verbal like?

Sholly32:
diverse activities which will include but not limited to the following:

Ø Personality Profiling
Ø Group Task
Ø Presentation
Ø Competency-Based Interview
Ø Individual Task
Ø Problem Solving/Scenario-based Analytical Exercise

Good luck

Thanks Sholly Bobo.... But can you please explain each of them a lil bit, so we can fully understand.

Please how does ability questions look like

Confirm! Just dropped. 5:29 pm ........Enugu.

preshlysoundz:
Yes

At what time did you receive yours?

Endeavor to tell us your test center.

[quote author=Akpasomething post=56870018]Enugu
Ok.

Akpasomething:
You like fight pass food..
Always courting controversy..
I pray you get the mail too..
Maybe you'll believe after that

Where did you write the test?

I've not gotten anything. Who else has?

maxyboss212:
By 2mrw i wll drop my own update on this first bank recruitment

Waiting....

maryjabeez:
Bros AGM has nothing to do with recruitment, the bank itself recruits it's staff. Stp sayin that thing biko

Please it was merely a question and nothing definitive. Take it easy Sir.

Olam10:
Interviews should start soon because the management just approved it this week

During the AGM?

I suspect FBN plc is delaying the 2016 GTP because of the toxic nature of their books in 2015/2016, which they are trying to clean. There has been alot of impairment charges. So, I think they are trying to see their "health" for the H1 before going ahead.
NB: Just a conjecture.

July is the target date.

DivineKayy:
I don't think it is and even though it's on...I am sure that's not the email address to send CVs to. Please be guided.

Which First Bank GT, is it a fresh one?

holakunle69:
The interview phase won't be coming up until July just know its July. It was supposed to done at January ending before it was shifted to Feb then july..Gotten from a reasonable source ( the source in charge) if you understand what I mean.. I hope have bn able to help

Wehdone Sir! *smiles*

BigIyanga:
Keep changing thd goal post. I mentioned Amaechi,Fashola,Oshiomole,Rochas and Anambra because they were in govt before GMB came. You cherry-picked Amaechi because he seems too clean to be picked on. When I unloaded some dossier on him, you started ducking for cover. You sound so butthurt about Amaechi's financial impropriety?
But can you tell us how much he saved since we are talking about savings?

Very trickish guy. Soo good at pretending.

obailala:
Moronic wailers have always been known to have nothing upstairs, so I shouldn't be shocked that the only vocabulary in their empty skulls is zombie, zombie!

I would be damned if I expected any sensible contribution from a coconut

Face front jare, trickish lying Zombie.

obailala:
Children everywhere... If you get any mental or cerebral power, why dont you join the discussion by proving any of my points wrong??

Join issues with a Zombie? who made all the noises in 2015 as if his personal lord and saviour had a plan. Enjoy the rain beats.

Zombie demolition thread. Go on boys!. Obailala, the very staunch and deceptive Apc worshipper. I dey feel your apparent misery.

lapazi:
hello guys good morning,
please i will really love to know what does the FBN training school entail, what to expect, duration and criteria for posting of successful candidates after the training school, i.e cut off mark and stuff. Thank you!

cc: chudionu58, mayoor15, VOJA, kemisho, metrosexual, Okpanwu

Not aware.

Baldg:
Annual General Meeting.

But, please are you aware of (even if informally) the prime reason why the recruitment is being delayed? Thanks.

Baldg:
I'm just hopeful based on their meeting this past Wednesday.

Which meeting was that?

"Notwithstanding what we have achieved so far, we will continue to focus on operational efficiency to further improve current results. Currently, we are implementing the First Share Service (FSS) initiative which aims at centralising transaction processes at the branches. This ensures that the Commercial Bank optimises its human resources, leverages the technology platform and frees-up resources for market facing activities including revenue generation. Furthermore, the ongoing implementation of our ERP/ERM project in addition with other initiatives including the Group Share Service project, will fundamentally change the way we operate and further drive down operating cost."

But am surprised that suddenly, none of us have any indepth information about FBN. Thought we have our friends and families in the coy? I can't believe it.

chudionu58:
Income Statement  Gross earnings of N141.0 billion, up 31.2% year-on-year (y-o-y) (Mar 2016: N107.5 billion)  Net-interest income of N80.3 billion, up 25.7% y-o-y (Mar 2016: N63.9 billion)  Non-interest income of N24.2 billion, up 10.4% y-o-y (Mar 2016: N21.9 billion)  Operating income of N104.5 billion, up 21.8% y-o-y (Mar 2016: N85.8 billion)  Impairment charge for credit losses of N28.8 billion (Mar 2016: N12.8 billion) Operating expenses of N55.7 billion, up 9.3% y-o-y (Mar 2016: N50.95 billion)  Profit before tax of N19.96 billion, down 9.5% y-o-y (Mar 2016: N22.1 billion)  Profit after tax N16.1 billion, down 22.4% y-o-y (Mar 2016: N20.7 billion)

Statement of Financial Position  Total assets of N4.98 trillion, up 5.2% year-to-date (y-t-d) (Dec 2016: N4.7 trillion)  Customer deposits of N3.1trillion, flat at -0.3% y-t-d (Dec 2016: N3.1 trillion)  Customer loans and advances (net) of N2.1 trillion, down 1% y-t-d (Dec 2016: N2.1 trillion)

Key Ratio  Post-tax return on average equity of 10.9% (Mar 2016: 14.4%)12  Post-tax return on average assets of 1.3% (Mar 2016: 2.0%)  Net-interest margin of 8.2% (Mar 2016: 8.1%)  Cost to income ratio of 53.3% (Mar 2016: 59.4%)  NPL ratio of 26.0% (Mar 2016: 21.5%)  53.5% liquidity ratio (FirstBank (Nigeria)) (Mar 2016: 58.2%; Dec 2016: 52.7%)  17.8% Basel 2 capital adequacy ratio (FirstBank (Nigeria)) (Mar 2016: 17.2%, Dec 2016: 17.8%)  26.4% Basel 2 CAR (FBN Merchant Bank) (Dec 2016: 22.6%)

What effect does this result released today, have on our fate with FBN

Income Statement  Gross earnings of N141.0 billion, up 31.2% year-on-year (y-o-y) (Mar 2016: N107.5 billion)  Net-interest income of N80.3 billion, up 25.7% y-o-y (Mar 2016: N63.9 billion)  Non-interest income of N24.2 billion, up 10.4% y-o-y (Mar 2016: N21.9 billion)  Operating income of N104.5 billion, up 21.8% y-o-y (Mar 2016: N85.8 billion)  Impairment charge for credit losses of N28.8 billion (Mar 2016: N12.8 billion) Operating expenses of N55.7 billion, up 9.3% y-o-y (Mar 2016: N50.95 billion)  Profit before tax of N19.96 billion, down 9.5% y-o-y (Mar 2016: N22.1 billion)  Profit after tax N16.1 billion, down 22.4% y-o-y (Mar 2016: N20.7 billion)

Statement of Financial Position  Total assets of N4.98 trillion, up 5.2% year-to-date (y-t-d) (Dec 2016: N4.7 trillion)  Customer deposits of N3.1trillion, flat at -0.3% y-t-d (Dec 2016: N3.1 trillion)  Customer loans and advances (net) of N2.1 trillion, down 1% y-t-d (Dec 2016: N2.1 trillion)

Key Ratio  Post-tax return on average equity of 10.9% (Mar 2016: 14.4%)12  Post-tax return on average assets of 1.3% (Mar 2016: 2.0%)  Net-interest margin of 8.2% (Mar 2016: 8.1%)  Cost to income ratio of 53.3% (Mar 2016: 59.4%)  NPL ratio of 26.0% (Mar 2016: 21.5%)  53.5% liquidity ratio (FirstBank (Nigeria)) (Mar 2016: 58.2%; Dec 2016: 52.7%)  17.8% Basel 2 capital adequacy ratio (FirstBank (Nigeria)) (Mar 2016: 17.2%, Dec 2016: 17.8%)  26.4% Basel 2 CAR (FBN Merchant Bank) (Dec 2016: 22.6%)

Kaydagreat:
Hello team, while I am not acting as a spokes person for firstbank, I can confirm that the bank just changed its model by pushing more people to market facing functions. I believe this is the cause of the delay being experienced. I strongly advice you Fellas to plant in every field you can find, you don't know which will germinate. Even we working in banks are quietly plotting our exit strategies. The field is green. See you at the top

Can you expantiate.