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Access Bank Acquisition Of Diamond Bank: Nigerians React - Business (3) - Nairaland

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Ahmed Kuru In Trouble Over Keystone Bank Acquisition By Father-in-law-TheCapital / Access Bank Acquisition Of Diamond Bank: Beware Of Fraudsters / Woman Loses N572,000 Pension In Her Diamond Bank Account To Fraudsters In Lagos (2) (3) (4)

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Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Charly68: 8:54am On Dec 17, 2018
Access bank bought intercontinental bank even when intercontinental was having more branches than it..now Diamond bank has been acquired, we must find out those behind the scene

6 Likes

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by oluwaahmed: 8:55am On Dec 17, 2018
OkaNaUbe:
grin

I banked with then before the days of Intercontinental Bank merger but I abandoned my account at Access bank two years ago. I notice that they charge a lot of monies from that account. Other banks charge "Card Maintenance fee" and transfer/withdrawal charges(if you withdraw more than twice on ATM and transfer charges for transfers) but ACCESS BANK deduct more than that even when I allowed the money in their bank to lie fallow.


At A time, if I saved, say N50k, before two monthe, the money will come down to say, N49100. I complained severally in their branch at Port Harcourt and AbJ but they didn't solve the issue. They charged "monthly card maintenance fee", " Transfer charges", SMS charge (to send me alert o)and other hidden charges every month. I had to withdraw my money and leave the ledger balance of N2000. Even till date, they still send me my monthly balance (e go don't be N0.00). Yeye bank!


I hope they won't bring that policy to Diamond Bank.

What most Nigerians don't know is that the more bank accounts you have, the more the charges. Card maintenance charge is done by all the banks so if u have 3 cards on your accounts, u will be charged on each of them. If you have two cards on 1 account, its still the same charge.
SMS charge is the same bank wide. U have to pay for SMS, nobody or banks does free SMS alert.
Transfer charges is the same across all Nigerian banks. The difference is that stamp duty was introduced by the buhari govt so for every transfer to another bank, 50 bucks is charged. Even when u use short codes for transactions like airtime top up, you are also changed. That's why when I worked in a bank I used to tell people to install Mobile app on their phones, its way cheaper and u can deactivate your SMS alert since u will see the transactions on ur app. Alternatively stop SMS alert and ask for e-mail alert, its cheaper. Also invest your money, don't allow ur monies to lie fallow in various banks, gather all of em in one bank and do fixed deposit. Interest might be small but it can cater for things like SMS & other bank charges.

5 Likes

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Gregdcutie(m): 8:56am On Dec 17, 2018
Learnstuffs:
They are trying to Access the Diamond
Abi they have accessed the diamond
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by ogundeleai(m): 8:57am On Dec 17, 2018
Any Nigerian banking with non of below listed bank is taking high risk : GTB, FIRST BANK, ACCESS, ZENITH... there are many sagbe loju yoyo banks around
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Pearl05(f): 8:59am On Dec 17, 2018
I want to close my diamond account because of the excess charge of access bank.


Please any review First bank , UBA and Ecobank?

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:00am On Dec 17, 2018
Watch out for fcmb too
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:01am On Dec 17, 2018
Pearl05:
I want to close my diamond account because of the excess charge of access bank.


Please any review First bank , UBA and Ecobank?
ecobank
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by BabaO2: 9:02am On Dec 17, 2018
Charly68:
Access bank bought intercontinental bank even when intercontinental was having more branches than it..now Diamond bank has been acquired, we must find out those behind the scene
saraki was behind intercontinental

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:02am On Dec 17, 2018
the #50 access bank alwaya remove from my acct for CARD maintenance and #65
that bank will explode ni
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by DexterousOne(m): 9:04am On Dec 17, 2018
MChaze25:
Once a Nigerian bank starts doing mumu advert up and down, watch that bank closely and if possible take your money out.
Remember Bank PHB's mega adverts?
Lolzzz
The truth here is that most igbo sons don't manage family businesses well.
Instead of maintaining their father's legacy and years of Hard work, they squander on it

it's a black man problem, not just an Igbo man problem undecided

Abiola family comes to mind

Aihomu family cones to mind undecided

Black men need to train their kids to be DISCIPLINED.

I mean we have 7-8 generation wealth in America and Europe FROM the same parent company

While Africans are struggling

6 Likes 1 Share

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Charly68: 9:08am On Dec 17, 2018
BabaO2:
saraki was behind intercontinental
. Aah ! The same man who is claiming innocent and giving PMB a had name?
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Aboks(m): 9:10am On Dec 17, 2018
sage101:
This your amount be like merrybet winning using 50nairacheesy
LOL
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by GavelSlam: 9:10am On Dec 17, 2018
ogundeleai:
Any Nigerian banking with non of below listed bank is taking high risk : GTB, FIRST BANK, ACCESS, ZENITH... there are many sagbe loju yoyo banks around

Standard chartered all day.
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by sacramento1212: 9:12am On Dec 17, 2018
GavelSlam:


Standard chartered all day.

A good but expensive Bank with few branches. Best for those into more of foreign exchange transactions.

2 Likes

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Fostercat(m): 9:14am On Dec 17, 2018
Uzoma Dozie finally kills the bank.

Learnt the guy is very mean and un professional ,so investors don change am for am.

As an uber driver,I picked two of their top staff from their HQ.they were just discussing and lamenting about the guy.I had to go Google Uzoma .they even said most of their staff in HQ are having high BP because u might be the next to be sacked.

The father should go make him CEO of MTN Nigeria too .so that he can kill the business and give opportunities for better hands to acquire and manage it better.

Awon were.
Uzoma is an Orue!!!

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Kingzy4pep(m): 9:19am On Dec 17, 2018
fatymore:
And someone mentioned it on Nairaland some weeks ago...
Nairalanders are superb..
There was rumours already.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by SkinnyNigga: 9:20am On Dec 17, 2018
JuanDeDios:

grin
I experienced something like this with one bank. When I stopped using the account, they continued sending me alerts of deductions. Then the account entered minus-something and they continued! Then one day they realised their folly and stopped. Now, they're calling me to revive the account. Their papa.
how you take see Stanbic bank? I get current account with them. Access bank don kill me with deductions... I wan port my money go else where

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Kingzy4pep(m): 9:21am On Dec 17, 2018
hisexcellency34:
Next to go is FCMB and Unity bank
And keystone.
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by roland2rule(m): 9:23am On Dec 17, 2018
I have 2 diamond bank accts and 2 access bank accts
shocked

So, I have 4 access bank accts laidat

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:23am On Dec 17, 2018
papiwyte:
Wetin concern me undecided undecided undecided undecided

Happy birthday to President Muhammadu Buhari


May ur enemies continue to wail till 2023

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by millionboi2: 9:25am On Dec 17, 2018
JuanDeDios:

grin
I experienced something like this with one bank. When I stopped using the account, they continued sending me alerts of deductions. Then the account entered minus-something and they continued! Then one day they realised their folly and stopped. Now, they're calling me to revive the account. Their papa.
so thy will continue deductin it.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by RTSC: 9:25am On Dec 17, 2018
The son destroyed the father's business.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:25am On Dec 17, 2018
access bank will soon acquire gtb, atleast boy dozie will have plenty of free time for play.
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by rhames(m): 9:26am On Dec 17, 2018
Kingpunter:
Mixed reactions have continued the acquisition of Diamond Bank by Access Bank, a Nigerian multinational commercial bank, owned by Access Bank Group.

The report stated that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN).

The development came a week after Diamond Bank announced its decision to drop its international operating license to focus on national operations following capitalisation issues.

Diamond Bank’s chief executive officer, Uzoma Dozie, confirmed the development in a statement released on Friday.

“With this approval, the bank will cease to operate as an international bank,” Dozie had said.

Moments after the news of the acquisition broke, Nigerians took to the microblogging site, Twitter to air their opinions on the acquisition.

see more of the reactions here - https://www./2018/12/nigerians-react-to-access-bank.html


If not for the acquisition, the Dozies would have been arraigned before a court for financial related crimes in the management of Diamond Bank.

I learnt the younger Dozies attended Ivy league schools abroad: which is not a guarantee that they will manage these businesses founded by their parents well if they dont put their education to practice.

Diamond Bank started ICT integrated banking where you can transact your banking anywhere in Nigeria.

Why cant they consolidate on that and other achievements along the line.
Can somebody tell me the reason why most Nigerian owned businesses dont last beyond a generation?

1 Like 1 Share

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by bizonline: 9:26am On Dec 17, 2018
Hmmm
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nobody: 9:27am On Dec 17, 2018
Fostercat:
Uzoma Dozie finally kills the bank.

Learnt the guy is very mean and un professional ,so investors don change am for am.

As an uber driver,I picked two of their top staff from their HQ.they were just discussing and lamenting about the guy.I had to go Google Uzoma .they even said most of their staff in HQ are having high BP because u might be the next to be sacked.

The father should go make him CEO of MTN Nigeria too .so that he can kill the business and give opportunities for better hands to acquire and manage it better.

Awon were.
Uzoma is an Orue!!!

guy you harsh, this goes to prove that igbo amaka crew are not competent to run banks, leave it to the afonjas.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by einsteine(m): 9:28am On Dec 17, 2018
jessedaflopost=73916658:
understanding english is a problem we have in this country, diamond dont want to operate iafter making the decision to be a National bank.


That's step one in maintaining their CAR.

Their CAR is still poor.


It's either they degrade further to be a regional bank like Wema used to be or they raise more capital. Raising more capital is proving difficult as investors are insisting on the resignation of Uzoma. So a trade sale to Access Bank is the best way out.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by RTSC: 9:29am On Dec 17, 2018
DexterousOne:


it's a black man problem, not just an Igbo man problem undecided

Abiola family comes to mind

Aihomu family cones to mind undecided

Black men need to train their kids to be DISCIPLINED.

I mean we have 7-8 generation wealth in America and Europe FROM the same parent company

While Africans are struggling
And most if not all of the time, it is always the sons that are destructive.

Give the business to a sensible female child- na lie.

The son will inherit it and blow it on the fast lane.

2 Likes

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by princfred(m): 9:30am On Dec 17, 2018
Nepotism is part of what killed Diamond Bank. A good lesson.

1 Like

Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by raziboi(m): 9:32am On Dec 17, 2018
Damfostopper:
chai I always transfer funds anytime it enters my Access account to Diamond Account because of too much charges by Access bank.......


see diamond Bank.... whether na Access bank buy una or na you sell yourself give Access bank...is not my business.... my Business is that my money dey with una.....make sure my money is safe... ..make I find another bank wey I go transfer my money to... .. I don't want to have anything to do with access abeg




very soon ......i mean very soon now ......power bank will acquire Rekado banks




Bro me I have active Acct in the 2 banks .. ����
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by Nigerianization(m): 9:32am On Dec 17, 2018
post=73917222:

God bless you.
We all want a better Nigeria.
Vote for your Atiku and we vite for our Buhari.
God bless you once again Nigerianization.
It will end in praise bro!

Thanks brother, but don't assume that anybody not supporting BUHARI automatically supports Atiku. I am for taking it back
Sowore or
Moughalu

I know my vote might seem to be a waste but at least I will have the balls to come back to this forum and WAIL when things go wrong
The last time I checked,
There is freedom of wailing
Re: Access Bank Acquisition Of Diamond Bank: Nigerians React by raziboi(m): 9:33am On Dec 17, 2018
cluewebhost:
So I now have 2 access bank accounts, just like that
Me 2 o

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