Five Banks Lose N312m To Cbn’s Sanctions - Business (2)

Five Banks Lose N312m To Cbn’s Sanctions - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Five Banks Lose N312m To Cbn’s Sanctions (18715 Views)

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Re: Five Banks Lose N312m To Cbn’s Sanctions by Adesiji77: 12:17pm On May 13, 2015

ziqqz:
Una still get Union Bank for that ~~zoo~~ country?

Yeah and they are transforming wink

CC:234GT

Re: Five Banks Lose N312m To Cbn’s Sanctions by Nobody: 12:19pm On May 13, 2015

Adesiji77:
Yeah and they are transforming

CC:234GT

Hmm... I would sense an employee talking. But sounds more like a shareholder

Re: Five Banks Lose N312m To Cbn’s Sanctions by 9jatatafo(m): 12:25pm On May 13, 2015

Now Access Bank will continue their dubious and unnecessary deductions

Re: Five Banks Lose N312m To Cbn’s Sanctions by condralbede(m): 12:25pm On May 13, 2015

adellam16:
u obviously read only d topic not d content!duh!

Don't mind me,just d quest for FP.... you r not far from d truth.duh !!!Lolz

Re: Five Banks Lose N312m To Cbn’s Sanctions by Boss13: 12:28pm On May 13, 2015

Why would Access Bank pay fines for internal control weaknesses? Is Pattison still there huh

Re: Five Banks Lose N312m To Cbn’s Sanctions by Ahmeduana(m): 12:45pm On May 13, 2015

Young03:
Chai, sorry to them

I DON'T GET YOU, YOU ARE SORRY FOR THEM? IT DOESN'T OCCUR TO YOU THAT THESE BANKS MAY BE SYSTEMATICALY LAUNDRY STOLED MONIES, WHY SHOULD THEY BLATANTLY VIOLATE A LAW THEY KNOW THE CONSEQUENCE? 5.5BILLIONS IS NOT MONEY YOU JUST WOKE UP ONE BLESSED AND DECIDE TO INVEST IT IN AN ECONOMY 510BILLION$, LEFT FOR ME C.B.N SHOULD HAVE CONFISTICATE THE SAID PROPERTY AND FINE THE THE BANK 50% WORTH OF PROPERTY AND ALSO PROSECUTE THE CHAIRMAN OF THE CULPRIT BANK, AND THE SAME MEASURE SHOULD BE APPLY TO ANY BANK THAT ALSO ENGAGE IN SUCH ACT.

Re: Five Banks Lose N312m To Cbn’s Sanctions by Stycon(m): 1:17pm On May 13, 2015

So sad! ...that the burden of such fine lies on the shareholders(one way or the other) since the MD and the likes gets their pay anyways!

Re: Five Banks Lose N312m To Cbn’s Sanctions by adellam16(f): 1:19pm On May 13, 2015

condralbede:
Don't mind me,just d quest for FP.... you r not far from d truth.duh !!!Lolz

lol. Double duh

Re: Five Banks Lose N312m To Cbn’s Sanctions by seedsower(m): 1:33pm On May 13, 2015

Useless

ziqqz:
Oh dear lord plzzz let EcoBank top the list.
In fact, let EcoBank be alone on the list!
Abeg!! EcoBank... Uselessly useless since uselessness was.

Re: Five Banks Lose N312m To Cbn’s Sanctions by Adesiji77: 2:49pm On May 13, 2015

ziqqz:
Hmm... I would sense an employee talking. But sounds more like a shareholder

Persevering shareholder wink

Re: Five Banks Lose N312m To Cbn’s Sanctions by terzurum5(op): 2:58pm On May 13, 2015

Adesiji77:
Provide the source...

http://www.thisdaylive.com/articles/five-banks-fined-n312m-in-2014/209192/

Ok @ OP Thank
Source: The nation newspaper of 2 day

Re: Five Banks Lose N312m To Cbn’s Sanctions by Franky9584(m): 3:35pm On May 13, 2015

Customers 2bear d cost via service charges, sms alert etc. . .

Re: Five Banks Lose N312m To Cbn’s Sanctions by Franky9584(m): 3:37pm On May 13, 2015

Rmbr dis adage "wen 2 elephants fights, d grasses suffers" i knw z Customers dat wil bear d cost via service charges, sms alert etc. . .

Re: Five Banks Lose N312m To Cbn’s Sanctions by Caracta(f): 5:06pm On May 13, 2015

Oh well...

It's not only about the fines but financial credibility too.

My bank is not on the list cheesy

Re: Five Banks Lose N312m To Cbn’s Sanctions by juman(m): 6:33pm On May 13, 2015

Hmmmm

Re: Five Banks Lose N312m To Cbn’s Sanctions by smsshola(m): 10:27pm On May 13, 2015

Whizpeter:
LOL

Guy you wicked ooo...

I sincerely wish the five banks are UBA, Fidelity, Enterprise, GTB and UNION

These banks tire me...

UBA can't b among them if it has to do wt CBN policy UBA no dey joke wt am.. well don't kno why u wish dem to b among but it remain most useful in Nigeria.

Re: Five Banks Lose N312m To Cbn’s Sanctions by Whizpeter(m): 10:52am On May 14, 2015

smsshola:
UBA can't b among them if it has to do wt CBN policy UBA no dey joke wt am.. well don't kno why u wish dem to b among but it remain most useful in Nigeria.

They are the most useless to me.. That's why they came first

Re: Five Banks Lose N312m To Cbn’s Sanctions by Kusibe77(m): 1:04pm On May 14, 2015

thweraja10:
312 million thats roughly 62,000,000 each, thats freaking chicken change - the wouldn't even feel it, na we go suffer am, from experience, Nigerian banks dont lose, they will make back that money in 1 hour, just imagine a bank that charging each customer 10 naira for SMS and they usually send you at least 4 SMS in a month - lets imagine these 5 banks have 50 million customers 20,000,000 x 4 sms = 20,000,000 x 10 = thats roughly 200,000,000 naira

banks cant make losses jare

good. Now deduct the amount spent on maintenance, electricity, service providers (sms, and lets say data).

Re: Five Banks Lose N312m To Cbn’s Sanctions by IGWISE(m): 10:07pm On May 15, 2015

Na so

1 2 Reply

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