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Diamond Bank To Sell Off All Its International Branches, Now A National Bank - Business (4) - Nairaland

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Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by zoedew: 9:04am On Dec 01, 2018
tobechukwu7:


I heard Shell sold off some of it's Nigerian assets, does it also mean the company is in crisis? Since they also gave similar reasons, saying they want to focus on some other areas.. kindly clarify me please ..anyone

1. The reason(s) for asset sales are more often than not discernible from the state of affairs with the seller. The seller, for obvious reasons, does not go town with all the details.
2. For Shell it claims it is divesting from Nigeria. The less discernible is that it is no longer business as usual so they seek for where to maximise profit. Crisis in the Niger Delta was also in view.
3. For Diamond Bank, only the neophyte in financial and banking matters will believe its stated reasons for selling its international assets and business. Diamond Bank is playing the ostrich here! It is on a mission to scale down because it is dying. The typical starving human starts feeding on itself to survive. Diamond bank is doing just that! The next step in the order of retrogression is for Diamond Bank to apply for a regional banking licence!!!
4. Only a drastic change in operating system and a willingness of the family to put in funds can save Diamond Bank as things stands. If Uzoma the Scion of the respected Paschal Dozie is kept in the Driver’s chair and he keeps drinking, womanising and serially committing the corporate sins that escorted him to his present state then Diamond Bank’s goose is cooked! #runforyourmoney
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by BeautifulMind2: 9:08am On Dec 01, 2018
KingKingKing:




Access is not managed by an Easterner!
UBA is managed by a South Southerner from Delta



Union bank managed by an Easterner is not among top 10 banks in Nigeria

Fidelity isn't among top 10banks In Nigeria

The only top performing is Zenith

now take a look at Banks managed by the westerners
GT Bank secondary best bank in Nigeria
First bank 3rd best

.
Citibank (international but the Nigerian CEO is from the west)

FCMB

Keystone
Stanbic
Stabdard Charted
Sterling bank
Unity Bank
Wema bank

And all these banks are doing so well, compared to the shitty Union, Fidelity and Diamomd banks owned by ur people!
Zenith bank is the best bank in Nigeria, Igbos leading the parks grin

3 Likes 2 Shares

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by zoedew: 9:13am On Dec 01, 2018
Pitokwe:


You are well informed. Seem like you are insider

Am nowhere near being an insider! Am not even numerate!! It just takes reading what is available on the subject matter!!! It should amaze you how much we can get to know just by reading. Thanks to you for the complement.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Nobody: 9:16am On Dec 01, 2018
Quite unfortunate that banks can go under after the whole capital base reforms and what Soludo and Sanusi were able to do.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by loswhite(m): 9:19am On Dec 01, 2018
zoedew:


Suspicion no matter how heightened cannot take the place of cold and hard facts which are: 1. Uzoma is a misfit as MD. 2. Uzoma sleeps with both married and unmarried female staff and keeps a well-stocked wine bar in his office. 3. The indices are bad! 4. Dig for more and you’ll keep your life savings away from DB until it is taken over by Access Bank.
lol...if u dig deep u will know that all banks are well protected by CBN and customers have nothing to worry about
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by GRACEGLORY: 9:27am On Dec 01, 2018
Angela876:
Diamond is failing, and some people are trying to cover it up. I wonder why this news of diamond bank is not everywhere



There's nothing wrong with falling to get up again and better.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Evercurious(f): 9:31am On Dec 01, 2018
KingKingKing:
Well Diamond is one hell of a bleeped up bank!
A bank that is watered with tribalism and nepotism, i don't feel sad for them, Take this from me before Dec 2019 Diamond bank will cease to exist!

Look at Banks like GT and First bank run by The westerners see how they have stood the test of time and are amongst the 3best banks in Nigeria!

Even FCMB isn't doing badly!


Tribalism by some Easterners has destroyed Diamond bank!


WHAT ABOUT THE DEAD ONES OWNED AND HEADED BY YOUR BROTHERS?

PLS STOP BEING MYOPIC... OKAY?
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Evercurious(f): 9:33am On Dec 01, 2018
BeautifulMind2:

Anu, Intercontinental bank, Equatorial bank, Sky bank and many others that are no more were managed by Yorubas, stop fooling yourself, Igbos are by far better than Yorubas in financial management, same Igbos manages, Zenith bank, Fidelity bank, UBA, Union bank and Access bank. Igbos today control banking sector your envy and hate can't stop them.

EZIGBO ANUMANU...PLS TELL HIM

4 Likes

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Evercurious(f): 9:38am On Dec 01, 2018
wink2015:


If Fidelity bank is not careful they will go the way of Diamond bank.

Now Diamond bank is selling their International assets to sustain their Nigerian branches.

Pascal Dozie destroyed Diamond bank by turning banking business to family trading.


PLS SHUT THE HELL UP.. SADIST LIKE YOU
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by AngelicBeing: 9:40am On Dec 01, 2018
maureen44:


U better come back to naija, make all of us follow d suffer for dis country, after all you follow spoilam before u run go Yankee. Meanwhile drop d address here
Hahaha, I didn’t join in spoiling Nigeria, before my departure l contributed my quota, I was working at the same time I had a small SME that provided jobs for few people, I paid my taxes and all manner of fees both (genuine and fake) to council officials, don't let me talk about paying for diesel / petrol to run the business and also contributions to PHCN when transformers blows and PHCN poles falls.

what about the different payment l contributed to the community where I have my house for OPC security outfit and community development, Abeg, I didn’t contribute in spoiling Nigeria but I paid my dues to the Nigerian state

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Evercurious(f): 9:47am On Dec 01, 2018
henryobinna:
Your mumu dey very powerful.

In case you don't know Igbos are not only found in the modern day south east of nigeria that was created not very long ago. Tony Elumelu is an Igbo man from Delta state.
That being said, am assuming you're educated and as such should know that mismanagement has little or nothing to do with tribe, ethnicity, religion, race or things like these and by the way what is a Keystone bank? Bank that has been selling almost all of its branches in the country.

By the way, Yoruba owned institutions that I've known, transacted and worked with have always been the most tribalistic, having their brothers littered all over the place whether qualified or unqualified including churches.

I have a reason to rant against Diamont bank as a huge some of my money is hanging witht them, but since they're having issues I guess I have to wait till the time given me by them before I take further action.



My dear not just Mimi but BAD BLOOD... SEE HIS BITTER SOUL

5 Likes

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by allanphash7(m): 9:48am On Dec 01, 2018
My transfer eventually went through for the past 3 hours now would you believe I'm yet to get my money despite im the beneficiary




I will call to curse them now
J0hnTrevolt:
same here oo!
Tried withdrawing from Atm and they debited me without payment.
How man go run dis weekend nw? sad
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by princfred(m): 10:15am On Dec 01, 2018
AngelicBeing:
I am not in Nigeria suffering with you, check all my post, I left Nigeria years ago, I only feel for millions of Nigerians that may be affected if the bank goes under, now run along and stop defending stupidity and that is why Nigeria is the headquarters of poverty in the world, instead of you to condemn the nonsense going on in the bank, you said l am hungry, food is the least of my problems both when I was in Nigeria and since I left, if you are hungry, say it and I will direct you to my house in lagos to go and eat, nonsense angry
Hope that whip for him has that your chili peppers rubbed on it first? grin

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by zoedew: 10:16am On Dec 01, 2018
loswhite:
lol...if u dig deep u will know that all banks are well protected by CBN and customers have nothing to worry about

NDIC to the tune of n250,000.00! And that is just depositors funds!! What about shareholders funds and the negative impact on the labour market. You just scratched the surface! Tell me more!
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by princfred(m): 10:19am On Dec 01, 2018
When it comes to business personal, competence and integrity should always override sentiments and ethnicity.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by codemaniacs: 10:30am On Dec 01, 2018
zz

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by kolexy(m): 10:46am On Dec 01, 2018
KingKingKing:




Access is not managed by an Easterner!
UBA is managed by a South Southerner from Delta



Union bank managed by an Easterner is not among top 10 banks in Nigeria

Fidelity isn't among top 10banks In Nigeria

The only top performing is Zenith

now take a look at Banks managed by the westerners
GT Bank secondary best bank in Nigeria
First bank 3rd best

.
Citibank (international but the Nigerian CEO is from the west)

FCMB

Keystone
Stanbic
Stabdard Charted
Sterling bank
Unity Bank
Wema bank

And all these banks are doing so well, compared to the shitty Union, Fidelity and Diamomd banks owned by ur people!


Please stop this
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by kolexy(m): 10:51am On Dec 01, 2018
donaldeke:
Nigeria's apex bank, Central Bank of Nigeria has granted Diamond Bank Plc the approval to operate as a national bank following its application for it.

The bank’s Chief Executive Officer, Mr. Uzoma Dozie, said this in a statement signed by the bank’s Head of Media, Ezechinyere Anyanwu, on Friday in Abuja.

According to Dozie, the move was part of Diamond Bank’s strategy to focus on Nigeria’s significant opportunities.

He said that the change in the license means Diamond Bank could expand product services to Nigerian consumers.

https://www.reporterswall.com/2018/11/30/breaking-diamond-bank-sell-off-international-branches-now-national-bank/

The issue with Diamond bank has dragged on for too long. CBN' s failure to step in when required would make things worse for the bank
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by pedrilo: 11:19am On Dec 01, 2018
My 1m need to leave DB now.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by AngelicBeing: 11:26am On Dec 01, 2018
princfred:
Hope that whip for him has that your chili peppers rubbed on it first? grin
Yes, it has special Chilly Cameroonian and East African pepper mixed together, it is meant for flogging delinquent posters on Nairaland, I have lots of the koboko kept for both APC led federal criminals and PDP vampires for the 2019 election, I will flog so many people as we proceed to the 2019 elections grin

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by TheOc: 11:28am On Dec 01, 2018
Dozie isn't really the genesis of the problem but his father who allowed sentiment to becloude him.dozie is been over pampared from birth and never tasted having a poor dad.
he never really understood the struggle and value for money
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by princfred(m): 11:29am On Dec 01, 2018
AngelicBeing:
Yes, it has special Chilly Cameroonian and East African pepper mixed together, it is meant for flogging delinquent posters on Nairaland, I have lots of the koboko kept for both APC led federal criminals and PDP vampires for the 2019 election, I will flog so many people as we proceed to the 2019 elections grin
Lol from Cameron oo. grin Abeg reserve some for rent o.

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Abee79(m): 11:29am On Dec 01, 2018
I smell a rat. Something is terribly wrong with Diamond bank. If you have money there, move it. Thank me later...

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Nobody: 11:39am On Dec 01, 2018
BeautifulMind2:

Anu, Intercontinental bank, Equatorial bank, Sky bank and many others that are no more were managed by Yorubas, stop fooling yourself, Igbos are by far better than Yorubas in financial management, same Igbos manages, Zenith bank, Fidelity bank, UBA, Union bank and Access bank. Igbos today control banking sector your envy and hate can't stop them.

OMOR. SEE WORD
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by Dearlord(m): 11:46am On Dec 01, 2018
I hope all my fucking sweaty hard earned money is intact?
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by mechanics(m): 11:52am On Dec 01, 2018
Nice one.
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by bfjuliusyahoo(m): 12:27pm On Dec 01, 2018
Don't waste your talent.

Get taught by professionals and join the Oil and Gas industry as a drilling fluids engineer.

Globat Mud School
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by olawooro: 1:07pm On Dec 01, 2018
BeautifulMind2:

Zenith bank is the best bank in Nigeria, Igbos leading the parks grin
It is not surprising. That bank encourages money laundering. It is being used by most Nigerian corrupt politicians to launder their loot. If you know you know
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by sokera: 1:25pm On Dec 01, 2018
BeautifulMind2:

UBA is managed by Igbo men stop fooling yourself
Tony Elumelu is from Delta State ... south-south man
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by BeautifulMind2: 1:43pm On Dec 01, 2018
sokera:
Tony Elumelu is from Delta State ... south-south man
Tony Elumelu is an Igbo man from southsouth
Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by henryobinna(m): 1:46pm On Dec 01, 2018
olawooro:
It is not surprising. That bank encourages money laundering. It is being used by most Nigerian corrupt politicians to launder their loot. If you know you know
the way people go about to make claims without any data to back up is surprising. The next thing you hear is if you know you know.

How can you accuse a business of such a serious crime, if you think you know and have details why not give it to the EFCC and co they can nail the bank and other accomplices

1 Like

Re: Diamond Bank To Sell Off All Its International Branches, Now A National Bank by henryobinna(m): 1:49pm On Dec 01, 2018
sokera:
Tony Elumelu is from Delta State ... south-south man
oga biko when did south south become a tribe as against a geo-political zone? What is the language of south south since you consider it a tribe?

Elumelu is an Igbo man from Delta state of the south south region of Nigeria.

Go school una no gree go. many of us Nigerians are uneducated literates. We can read and write but are not educated.

1 Like

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