Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt - Business (2)

Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt (31729 Views)

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Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by vedaxcool(m): 10:22am On Mar 08, 2017

Na wa oh their parent company gatz money

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by abdul4new(m): 10:22am On Mar 08, 2017

i always knew a day like this would come, Etisalat created their problem by not being generous with data subscription instead they offer awful data subscription.

4 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Speedyconnect7: 10:22am On Mar 08, 2017

so doleful. Not easy doing biz in Nigeria.

2 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by mccoy47(m): 10:22am On Mar 08, 2017

Useless network, dey keep spending their money on yeybrities instead of their services! angry

Good riddance to bad rubbish

5 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by orjikuramo(m): 10:22am On Mar 08, 2017

Banky W Don chop n clean mouth

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by burkingx(f): 10:23am On Mar 08, 2017

clefstone:
Buhari is a ghost worker

.....And so is Senator Tweeter grin

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Nobody: 10:23am On Mar 08, 2017

bye bye Etisalat, stupid network with very high call rates and Data rates

2 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by ednut1(m): 10:23am On Mar 08, 2017

nawa

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by yungengr(m): 10:23am On Mar 08, 2017

ThankGod say I no use etisalat

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by chuksjuve(m): 10:24am On Mar 08, 2017

I came to read comments..

Call us for you landscape and gardening service
Check my profile for details

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Nobody: 10:24am On Mar 08, 2017

Dubai investors have stolen our monies...useless investors shocked

MTN inside pot of soup
Airtel nonsense network
Glo ---worst performing network

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by seguno2: 10:25am On Mar 08, 2017

Great news!
All the onigbese big men need to pay up or get jailed.
How will small and medium entrepreneurs get loans from banks to create jobs with Nigerian products when these useless chronic debtors siphon profits abroad instead of repaying their loans?
The most unfortunate part is that the youths who are the VICTIMS will be praising, hailing and worshipping those who ENSLAVED them.
Na real wa oh.
How do we get ourselves out of this quagmire?

3 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by tosyne2much(m): 10:27am On Mar 08, 2017

StRichard:
Even with their stingy data, they are still owing

I swear dem dey stingy with data cheesy

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by morereb10: 10:27am On Mar 08, 2017

na waoooo

how is it that all this multi national companies get to owe this kind of amount??

good for gtb anyway

so they will give their staff targets for selling etisalat recharge cards

ndi ara

2 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by ncoolsome(m): 10:27am On Mar 08, 2017

eezeribe:
GTB is always involved in Bad debts... Reminds me of HITV saga.
Those banks will decimate Etisalat Nigeria...
The same way one of them decimated HITV

pls do ur research properly b4 commenting..Hitv took a loan from a bank bt were askin subscribers to make payment to another bank..thats wr there wahala began

2 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by icon8: 10:27am On Mar 08, 2017

softwerk:
GTBank has entered one-chance with Etisalat!

Their golden goose has suddenly started laying rotten eggs

Loan syndication can be so messy (See how a bank's biggest customer suddenly becomes their biggest headache)!!!

Now they realize their Foreign Backed Guaranty Bond was just a mere paper (Etisalat Abu Dhabi, UAE will never come to their rescue in this pathetic business climate)

This may just be the end of the bank's romance with Etisalat on their epileptic Retail Banking platforms such as *737* mobile transfers and Easysavers 100% powered by Etisalat

Soon all GTBank staff will start selling Etisalat recharge cards with monthly targets

You're very ignorant...or just cheeky, at best!

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by soath(m): 10:28am On Mar 08, 2017

Exactly what happens to stingy people. #GloRocks

2 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by methusah(m): 10:29am On Mar 08, 2017

Omo mehn.. After Etisalat done waste billions only on promos to gain ground... No wahala sha Banky W and Eldee go sing another song for thier outro embarassed

I think they should feature Lil kesh this time around... GBESE RE O!!!

3 Likes

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by rolams(m): 10:30am On Mar 08, 2017

See gbese!

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by softwerk(f): 10:31am On Mar 08, 2017*

eezeribe:
GTB is always involved in Bad debts... Reminds me of HITV saga.
Those banks will decimate Etisalat Nigeria...
The same way one of them decimated HITV

That is exactly what happens when you think you know too much!!!

Segun Agbaje (MD GTBank) chased away the best hands from the bank after the former MD, Tayo Aderinokun passed on cry

Segun Agbaje is now surrounded by sycophants and ass-lickers that can ONLY tell him what he loves to hear every day to massage his arrogance and obese ego!!!

GTBank is now a mere mirage of its old self cry

1 Like 1 Share

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by concacid: 10:31am On Mar 08, 2017

Not good for your brand Etisalat..

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Earth2Metahuman: 10:32am On Mar 08, 2017

If na glo now, I for begin dey cry for them

But etisalat? Mehhh they should carry their wahala dey go.
When dem dey there, we no kuku see wetin them dey do. With their awful data plan. Etimumu

They should give way for a serious telecom operator to take over biko

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Nobody: 10:33am On Mar 08, 2017

softwerk:
GTBank has entered one-chance with Etisalat!

Their golden goose has suddenly started laying rotten eggs

Loan syndication can be so messy (See how a bank's biggest customer suddenly becomes their biggest headache)!!!

Now they realize their Foreign Backed Guaranty Bond was just a mere paper (Etisalat Abu Dhabi, UAE will never come to their rescue in this pathetic business climate)

T[b]his may just be the end of the bank's romance with Etisalat on their epileptic Retail Banking platforms such as *737* mobile transfers[/b] and Easysavers 100% powered by Etisalat

Soon all GTBank staff will start selling Etisalat recharge cards with monthly targets

The bold is wrong. Amount owed by Etisalat to GTBank is minute compared to other banks. It's a syndicated loan, which means other banks are involved. You should also look at GTbanks' financial statement to see their total loan balance then get a break down of the syndicated facility to see how much is even due to the various banks

Gtbank would obviously have more income from MTN customers that subscribe on its *737# platform than other network providers. Income from Etisalat customers would be negligible.

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by Nobody: 10:34am On Mar 08, 2017

icon8:
You're very ignorant...or just cheeky, at best!

Very ignorant.

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by icon8: 10:36am On Mar 08, 2017

softwerk:
That is exactly what happens when you think you know too much!!!

Segun Agbaje (MD GTBank) chased away the best hands from the bank after the former MD, Tayo Aderinokun passed on

Segun Agbaje is now surrounded by sycophants and ass-lickers that can ONLY tell him what he loves to hear every day to massage his arrogance and obese ego while they go ahead to perpetrate under the table transactions!!!

GTBank is now a mere mirage of its old self

I knew that you're a disgruntled ex-staff, when I saw your first comment on this post.

Pray, tell...which best hands did Segun chase away? And how excatly is GTBank a mirage of its old self?? By declaring over a billion Naira in profit for five consecutive years

1 Like

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by kingsizedude: 10:39am On Mar 08, 2017

Jaytecq:
Now you are talking

[color=#000099][/color][size=8pt][/size][b][/b] this is an example

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by softwerk(f): 10:43am On Mar 08, 2017

icon8:
You're very ignorant...or just cheeky, at best!

Please yourself!!!

Re: Three Banks To Take Over Etisalat Nigeria Over N541.8 Billion Debt by icon8: 10:45am On Mar 08, 2017

masonkz:
The bold is wrong. Amount owed by Etisalat to GTBank is minute compared to other banks. It's a syndicated loan, which means other banks are involved. You should also look at GTbanks' financial statement to see their total loan balance then get a break down of the syndicated facility to see how much is even due to the various banks

Gtbank would obviously have more income from MTN customers that subscribe on its *737# platform than other network providers. Income from Etisalat customers would be negligible.

Now, this is an informed opinion. You did well by "schooling" that ...dunno what term to use.

1 Like