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Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review (16433 Views)

Ussd Codes For Nigerian Banks / Nigerian Banks Stop ATM Cash Withdrawal Abroad / How You Could Lose Access To Your Money In Nigerian Banks (2) (3) (4)

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Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Trojan8(m): 10:32pm On Oct 17, 2022
Privatepart00:
Someone should explain in simple terms what they imply please

Bank matter is not my area of calling.

Moody is a credit rating agency. So they give ratings to firm that want to seek funds (commercial paper or bonds) from the capital market. Those banks currently have ratings that do not reflect their current realities. Hence the need to downgrade them, so for investors would be a bit wary investing in them if the need arises.

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Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Nobody: 10:36pm On Oct 17, 2022
Nonsense banks all these digital online bank are better then them..
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Nobody: 10:37pm On Oct 17, 2022
yommygift15:
Thank God 'opay' no dey
Lol why . cheesy
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Privatepart00: 10:37pm On Oct 17, 2022
Trojan8:


Moody is a credit rating agency. So they give ratings to firm that want to seek funds (commercial paper or bonds) from the capital market. Those banks currently have ratings that do not reflect their current realities. Hence the need to downgrade them, so for investors would be a bit wary investing in them if the need arises.

Thanks well understood now
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Winning123: 10:50pm On Oct 17, 2022
Are you for real? Zenith is a useless bank. Try use your ATM at weekends or day ending the month or first two days of a new month.

Mopolchi:
Zenith Bank is better than the rest.
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by InvertedHammer: 11:08pm On Oct 17, 2022
/
Don't forget that banks crash on Fridays after business hours. What that means is that you arrive at your bank on Monday to see it under lock and key with stern looking MOPOLs guiding the entrance. I am not saying that we are there yet but it will be nice to pay close attention going forward. cool

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Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by dazzlingd(m): 12:40am On Oct 18, 2022
Banks that treat staff anyhow,
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by mediclife1987(m): 12:41am On Oct 18, 2022
nlfpmod:

https://www.youtube.com/watch?v=xOSSafi7iYQ



https://tribuneonlineng.com/moodys-nine-nigerian-banks-long-term-ratings-placed-on-review/

Abeg who fit break down and summarize this mumbojumbo kumbaya for me?

The oyinbo Dem use for here pass my head abbeg...
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by Yankee101: 1:11am On Oct 18, 2022
Ha? The biggest banks? Abi them no gree drop?
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by VeeVeeMyLuv(m): 1:54am On Oct 18, 2022
Privatepart00:
Someone should explain in simple terms what they imply please

Bank matter is not my area of calling.
Moody said these commercial banks are having challenges in managing the supply of Forex, to the extent of resorting to currency rationing therefore they (Moody) are considering a review of these banks rating
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by naijanaso: 5:11am On Oct 18, 2022
Mopolchi:
Zenith Bank is better than the rest.

Bros, forget Zenith Bank and their noise. I am their customer and I have never seen any bank with so bad a network like Zenith Bank...always down.
You cannot search out a past history of transactions easily like other banks do.
To pay with e-bills is a war. You must visit the bank to do so rather sit in the comfort of your space to perform such transactions.
Zenith Bank is just a joke
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by shiwex: 8:21am On Oct 18, 2022
This is bad for the country...Buhari has killed this country
Re: Moody’s: 9 Nigerian Banks’ Long-Term Ratings Placed On Review by KennethEnyi(m): 2:15pm On Oct 18, 2022
GTB IS the best bank out of all these crap I’m seeing here

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