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

Wow... thanks for the response... God bless you, you are right, have a family friend working with first bank, he is also planning his exit strategy... oga o

mayoor15:
Wow... thanks for the response... God bless you, you are right, have a family friend working with first bank, he is also planning his exit strategy... oga o

why are people planning to leave na, does it have to do with their posting to marketing departments?

People leaving isn't an issue. Everyone in Nigeria is looking for a job. A friend left NBET to NDIC. People move for career prospects, better pay , job security et al.
Even my papa dey find job sef.

DanXplore:


why are people planning to leave na, does it have to do with their posting to marketing departments?

Different reasons some are planning to leave the country...

May God forgive first bank, dats all I can say. people are planning their exit from banking sector while others are praying for a placement in the sector. which way Naija? make I plan for my personal business self!!!!!! I don vex!!!

Okpanwu:
May God forgive first bank, dats all I can say. people are planning their exit from banking sector while others are praying for a placement in the sector. which way Naija? make I plan for my personal business self!!!!!! I don vex!!!

lols.... lmao.... lwkmd

Okpanwu:
May God forgive first bank, dats all I can say. people are planning their exit from banking sector while others are praying for a placement in the sector. which way Naija? make I plan for my personal business self!!!!!! I don vex!!!

In response to all, there is nothing more fulfilling than your own business. Yorubas say "ise de, omo alaseje, owo de, omo alasela. Its Meaning in my own light is: a job will give you your daily bread, but, business builds wealth. People are planning their lives nooni. If you will work in any sector, have a plan. Don't just get there and get comfortable like it's your dad's business. That's the reason many bankers retire broke. I am not impressed with many ppl who worked their entire life in banks. Many of them get out high and drop to ground zero within a span of two years. It happens to other sectors, but it's common in the banking industry.

Any latest update please

This thread dry pass sahara desert oooo.

alex20009:
Any latest update please

Nawa

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%)

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

chudionu58:
What effect does this result released today, have on our fate with FBN

.
Dayz of our waiting is coming to an end. I see this thread coming alive again by next week. you and email na 5 and 6 now oooo. but then most of our best brains have gone to access and fidelity. FBN why?

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:
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.

lols... only those at the head office can give a tangible info, most people at the branches don't know anything again, most just wake up, go to work, come back, plan on the way forward, FBN has not really been itself for a while, I doubt if they will even continue with d recruitment anytime soon,my thoughts sha

"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."

This only means 'our waiting days are numbered'.
I see this trend coming alive

Kingphilz:
This only means 'our waiting days are numbered'.

I see this trend coming alive

It's "thread" bro

trend is absolutely correct

donafure:
trend is absolutely correct

it's absolutely wrong in this context sir, look up "forum thread" nd compare with "forum trend".

...I only corrected him cos I see several other people mk the same mistake

pappyG:

it's absolutely wrong in this context sir, look up "forum thread" nd compare with "forum trend".

...I only corrected him cos I see several other people mk the same mistake

You corrected him in a mature way. Thumbs up.

Within the first 2 weeks of May, something should come up from FBank.

Baldg:

You corrected him in a mature way. Thumbs up.

Within the first 2 weeks of Mavy, something should come up from FBank.

That goodnews

alex20009:

That goodnews

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

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

Which meeting was that?

chudionu58:
Which meeting was that?

Annual General Meeting.

Baldg:
Annual General Meeting.

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

chudionu58:
But, please are you aware of (even if informally) the prime reason why the recruitment is being delayed? Thanks.

No sir. I'm not in the know.

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

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

Chill bro, let's do this poko a poko