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Zenith Bank To Acquire Union Bank - Business (4) - Nairaland

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EFCC Investigates Emefiele, Oramah Over $300 Million Paid To Acquire Union Bank / Zenith, Access Want To Acquire Union Bank / Union Bank Replies An Angry Customer Who Wants To Leave The Bank On Twitter (2) (3) (4)

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Re: Zenith Bank To Acquire Union Bank by tete7000(m): 7:41am On Mar 15, 2020
gloriaunobi:
But I prefer Union than Zenith

Well, they sadly won't take your opinon into consideration. They just do their thing.
Re: Zenith Bank To Acquire Union Bank by Karlifate: 7:46am On Mar 15, 2020
Alamu1111:
It’s a very good ideal oooo make zenith bank even take control of union bank because does staff at union go wear black coat , yellow shirt , blue tia chaii what a bank
You're wicked

Re: Zenith Bank To Acquire Union Bank by franchasng: 7:47am On Mar 15, 2020
lemon10:
What of WEMA bank. They appear weak, but here they are, still standing.
Yoruba Pensioners bank, you want Amotekun to attack CBN


An attack on Wema Bank is an attack on Yoruba elders forum, so keep off!! angry

2 Likes

Re: Zenith Bank To Acquire Union Bank by pocohantas(f): 7:50am On Mar 15, 2020
Dizzyrascal:
What about Wema Bank? First Bank help us swallow Wema Bank pls,

Wema bank started off as a regional bank. So their operations which seemed distressed to a lot of people, was well within the scope of their license. They are a national bank now, but these things take time. 4-5yrs isn’t enough for their operations to get robust, not when they already carry the tag of “Yoruba bank”.

The FBN you are asking to swallow them would crash if you remove government backing. FBN is only lucky that FG would NEVER allow it go under. Like FBN, like Interswitch.

4 Likes

Re: Zenith Bank To Acquire Union Bank by sulaak(m): 7:52am On Mar 15, 2020
Inexperience owner has run the bank into the ground.

Union Bank owners[b] Atlas Mara [/b]with a 49% stake has been under pressure to exit their African holdings.
Last year (February), Atlas Mara co-founder Bob Diamond announced he was resigning his post as Chairman of the company. The company said it was looking at selling off banking assets in countries where it was not the dominant player.
Re: Zenith Bank To Acquire Union Bank by Nobody: 7:53am On Mar 15, 2020
Ugo4hotish:


Baba unity bank is not dead anything.

Unity bank is one of the biggest in the world, with its head quarters in USA.
It may be small in Nigeria but very big globally.

Same with standard chartered bank and stanbic ibtc bank

Which unity bank is one of the biggest? You win, sir. Carry go.
Re: Zenith Bank To Acquire Union Bank by seedorfg(m): 7:54am On Mar 15, 2020
In case Union bank merge with zenith bank, how about we that has Union korret and future Account which their deduct money everyday from our main account, what should we do.
Because I don't want any Yoruba on my hard earned money o.

Urgent reply please
Re: Zenith Bank To Acquire Union Bank by Olatara(f): 7:56am On Mar 15, 2020
It saves your pen front disappearing.
Halimvh:


But I kinda like it this way. Of course, I understand that particular Union Bank branch might facing difficulty, but some banks have also adopted “no paper teller” approach.

Before Access merged with Diamond Bank, the Diamond Bank in my neighbourhood stopped using teller for depositing (definitely not because they can't afford to print it; just cost saving moves).

If you need to deposit, you write the account name and number on any piece of paper, and you hand it to them along with the money. After depositing, a single piece of receipt showing the details of the transaction will be printed and you'd go home with it as your proof of payment.

I like it this way because it reduces the time one spends in the bank (since you know the name and account you want to pay into, you can write on a piece of paper from home, enter the banking hall and join the deposit queue immediately, without having to tell anybody “bros/sister I dey behind you o but I wan go write teller”. Also, it saves you time and resources (ink) from writing all the details that's usually on the paper teller.

1 Like

Re: Zenith Bank To Acquire Union Bank by malele(m): 7:58am On Mar 15, 2020
majamajic:
So union bank is gone ?

Unity bank keep surprising me , they look fragile yet floating wella

My Broda’s billions is keeping them floating
Re: Zenith Bank To Acquire Union Bank by Jimmyubah2: 7:59am On Mar 15, 2020
FuckAllTheMODs:


You said contract staffs, that is the fault of the contractor not them. You would have made a good point if they are paying their entry-level staffs lower than others.

Na their agreement with the contractor na.
But same contractors hire for other banks and they are on basic salaries. Oga, that's not an excuse. Ecobank is a useless bank and I am talking from direct and indirect experience.

1 Like

Re: Zenith Bank To Acquire Union Bank by Dizzyrascal(m): 7:59am On Mar 15, 2020
pocohantas:


Wema bank started off as a regional bank. So their operations which seemed distressed to a lot of people, was well within the scope of their license. They are a national bank now though, but these things take time. 4-5yrs isn’t enough for their operations to get robust, not when they already carry the tag of “Yoruba bank”.

The FBN you are asking to swallow them would crash if you remove government backing. FBN is only lucky that FG would NEVER allow it go under. Like FBN, like Interswitch.
I like your points. Though dat bank can frustrate somebody Sha!
Re: Zenith Bank To Acquire Union Bank by Glink2018(m): 7:59am On Mar 15, 2020
When would first bank acquire gtbank? The bank is fast going down. I don pack my money commit for that bank.
Re: Zenith Bank To Acquire Union Bank by pocohantas(f): 8:00am On Mar 15, 2020
Dizzyrascal:
I like your points. Though dat bank can frustrate somebody Sha!

Wema?

Glink2018:
When would first bank acquire gtbank? The bank is fast going down. I don pack my money commit for that bank.

How exactly do you think this can EVER happen?

3 Likes

Re: Zenith Bank To Acquire Union Bank by Jimmyubah2: 8:02am On Mar 15, 2020
Rich4god:
No mind some people.. if a bank is strong, it should reflect on the amount it pays its staff... Am not sure Eco pays its contract staff up to 60k per month. Even UBA have join the cue of paying contract staff less than 70k.
UBA even try sef, Ecobank no dey pay their contract marketers anything. They only pay u based on the amount of accounts u open in that month. No basic or whatsoever.
Re: Zenith Bank To Acquire Union Bank by Dizzyrascal(m): 8:05am On Mar 15, 2020
pocohantas:


Wema bank started off as a regional bank. So their operations which seemed distressed to a lot of people, was well within the scope of their license. They are a national bank now though, but these things take time. 4-5yrs isn’t enough for their operations to get robust, not when they already carry the tag of “Yoruba bank”.

The FBN you are asking to swallow them would crash if you remove government backing. FBN is only lucky that FG would NEVER allow it go under. Like FBN, like Interswitch.
but personally I think that any bank that intends to grow rapidly and sustain growth, should look at the GT Bank model and simply do copy and paste....the came with a game plan and have religiously stuck to it.

The interesting part of it was that, they were one referred to as 'students bank'. That has changed though

1 Like

Re: Zenith Bank To Acquire Union Bank by Nmezor(f): 8:06am On Mar 15, 2020
Hmmmm
Re: Zenith Bank To Acquire Union Bank by Dizzyrascal(m): 8:13am On Mar 15, 2020
pocohantas:


Wema?



How exactly do you think this can EVER happen?
yes Wema! Some of their transactions and processes can be really slow. I have a couple of friends complaining about them regularly.
Re: Zenith Bank To Acquire Union Bank by Kaydiscography(m): 8:15am On Mar 15, 2020
Withdrawing it all asap
Re: Zenith Bank To Acquire Union Bank by rOsy247(f): 8:17am On Mar 15, 2020
Pearlyakin:

Shey Super saver or union korrekt grin cheesy


Super saver.
Re: Zenith Bank To Acquire Union Bank by Sammyfabulous: 8:17am On Mar 15, 2020
how about FCMB? seems their strong on their own
Re: Zenith Bank To Acquire Union Bank by NaijadrivaCars: 8:26am On Mar 15, 2020
Hmmm. Heritage bank is to be acquired by First Bank.


Since Diamond bank was acquired by Access, the former banks customers have been having issues, just as Skye bank is when Polaris Bank acquired it.

I have stopped banking with these failing banks. Watch out for Ecobank, Keystone etc.
Re: Zenith Bank To Acquire Union Bank by Nobody: 8:26am On Mar 15, 2020
Olatara:
It saves your pen from disappearing.

grin grin grin grin grin grin grin grin grin

Only God knows how many pens I have “lost” inside the banking hall.

1 Like

Re: Zenith Bank To Acquire Union Bank by elampiro(m): 8:28am On Mar 15, 2020
gloriaunobi:
But I prefer Union than Zenith

Prefer to

Prefer than

4 Likes

Re: Zenith Bank To Acquire Union Bank by Goovo(m): 8:32am On Mar 15, 2020
Dizzyrascal:
What about Wema Bank? First Bank help us swallow Wema Bank pls,
wetin wema do you na grin grin grin

1 Like

Re: Zenith Bank To Acquire Union Bank by Pearlyakin(m): 8:33am On Mar 15, 2020
rOsy247:



Super saver.
Lol, the money will be returned don't worry and you stand a chance to win 25k.

1 Like

Re: Zenith Bank To Acquire Union Bank by Dizzyrascal(m): 8:36am On Mar 15, 2020
Goovo:
wetin wema do you na grin grin grin
hahahahaha...guy you no go understand
Re: Zenith Bank To Acquire Union Bank by Goovo(m): 8:37am On Mar 15, 2020
Dizzyrascal:
hahahahaha...guy you no go understand
make us understand

1 Like

Re: Zenith Bank To Acquire Union Bank by overboard(m): 8:38am On Mar 15, 2020
destinie2019:


Is it not his influence?
On the reality side of life, union bank has been dead for more than a decade now. Just like unity bank, sterling bank and wema bank.
It's a matter of time.
In the telecom sector, survival seems easier than failure. In spite of that assumption, Ntel - how far, so far?[b][/b] Business is black or white. Either you swim or you sink.

Ntel is a scam. How they are still standing baffles me!
Re: Zenith Bank To Acquire Union Bank by imiski(m): 8:39am On Mar 15, 2020
Karatum:
...and they will relieve more some people of their work; No thanks to the dullard.
Aunty this one no has nothing to with the him. Union bank owner is selling off their major offshore assets.
Re: Zenith Bank To Acquire Union Bank by pointstores(m): 8:40am On Mar 15, 2020
Nawa
Re: Zenith Bank To Acquire Union Bank by Nobody: 8:40am On Mar 15, 2020
gloriaunobi:
But I prefer Union than Zenith
exactly. Their banking services are superb
Re: Zenith Bank To Acquire Union Bank by Nobody: 8:44am On Mar 15, 2020
monksy22:
Union bank is healthy...some banks are only positioning themselves for mergers so as to be in better competitive position in view of last year's merger between Diamond and Access Bank.
Gbam.

1 Like

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