Somebody please explain what is going on with the banks to me,am a novist (Page 3)

Date: 18-08-2009 10:31 pm (15 years ago) | Author: Rasheed Adebisi
1 2 [3] 4
- chuksben01 at 26-08-2009 03:18 PM (15 years ago)
(m)
Tecco are you sure you have any money in those banks at all.I see it as if you are sleeping.THINK VERY WELL AND BE SURE THAT YOU HAVE ACCOUNT WITH BEFORE GOING FOR WITHDRAWAL.
Posted: at 26-08-2009 03:18 PM (15 years ago) | Upcoming
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- Gbravo at 26-08-2009 03:24 PM (15 years ago)
(m)
chuksben01 i like d name u can open ur bank and call it chuks bank
Posted: at 26-08-2009 03:24 PM (15 years ago) | Gistmaniac
Reply
- Abbey316 at 26-08-2009 03:57 PM (15 years ago)
(m)
Quote from: Gbravo on 26-08-2009 03:08 PM
Grin thank God i no have any bank account na inside sack i dey keep my money under my bird Grin Grin

Ur profiles pix shows U look like those who keep money under their 'bed' (am sure dats wat U meant,  not bird)
Posted: at 26-08-2009 03:57 PM (15 years ago) | Newbie
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- Abbey316 at 27-08-2009 08:58 AM (15 years ago)
(m)
Guys, wats d latest on our banks, heard Cecilia Ibru is now in EFCC custody
Posted: at 27-08-2009 08:58 AM (15 years ago) | Newbie
Reply
- teeco at 27-08-2009 09:01 AM (15 years ago)
(m)
Quote from: chuksben01 on 26-08-2009 03:18 PM
Tecco are you sure you have any money in those banks at all.I see it as if you are sleeping.THINK VERY WELL AND BE SURE THAT YOU HAVE ACCOUNT WITH BEFORE GOING FOR WITHDRAWAL.

 Embarrassed Embarrassed Embarrassed

Posted: at 27-08-2009 09:01 AM (15 years ago) | Addicted Hero
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- Abbey316 at 27-08-2009 09:50 AM (15 years ago)
(m)
Quote from: rbest on 25-08-2009 09:51 AM
we are in the mercy of God. our leaders has finished us

No be todaydem start
Posted: at 27-08-2009 09:50 AM (15 years ago) | Newbie
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- chuksben01 at 27-08-2009 10:38 AM (15 years ago)
(m)
IF YOU MUST CONVINCE ME OF BEIGN A NOVICE,YOU MUST FIRST WITHDRAW ALL MONEY IN YOUR ACCOUNT AND SEND IT TO MOTHERLESS BABIES HOMES
Posted: at 27-08-2009 10:38 AM (15 years ago) | Upcoming
Reply
- Abbey316 at 28-08-2009 12:08 PM (15 years ago)
(m)
Quote from: chuksben01 on 27-08-2009 10:38 AM
IF YOU MUST CONVINCE ME OF BEIGN A NOVICE,YOU MUST FIRST WITHDRAW ALL MONEY IN YOUR ACCOUNT AND SEND IT TO MOTHERLESS BABIES HOMES
Convince U, how does dat make any difference?
And I said I am a NOVIST and not novice
Posted: at 28-08-2009 12:08 PM (15 years ago) | Newbie
Reply
- chuksben01 at 28-08-2009 12:10 PM (15 years ago)
(m)
THE SAME THING
Posted: at 28-08-2009 12:10 PM (15 years ago) | Upcoming
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- Abbey316 at 28-08-2009 12:27 PM (15 years ago)
(m)
Quote from: chuksben01 on 28-08-2009 12:10 PM
THE SAME THING

 Huh?
Posted: at 28-08-2009 12:27 PM (15 years ago) | Newbie
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- chuksben01 at 28-08-2009 12:32 PM (15 years ago)
(m)
YES
Posted: at 28-08-2009 12:32 PM (15 years ago) | Upcoming
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- chihope at 28-08-2009 03:02 PM (15 years ago)
(f)
neva to panic dear, the sacked MD's of the aforementioned banks gave out loans to top Nigerians for their MEGA business such as our OIL Moguls. the loan went into non-performing cos they find it very difficult to repay the debt including its interest. But neva to worry, or CBN Guvnor has assured us that  evrything is under control which means all banking activities still continues.
Cheers
Posted: at 28-08-2009 03:02 PM (15 years ago) | Newbie
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- eyevee at 28-08-2009 03:06 PM (15 years ago)
(f)
amen
Posted: at 28-08-2009 03:06 PM (15 years ago) | Upcoming
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- Abbey316 at 29-08-2009 10:54 AM (15 years ago)
(m)
Quote from: chihope on 28-08-2009 03:02 PM
neva to panic dear, the sacked MD's of the aforementioned banks gave out loans to top Nigerians for their MEGA business such as our OIL Moguls. the loan went into non-performing cos they find it very difficult to repay the debt including its interest. But neva to worry, or CBN Guvnor has assured us that  evrything is under control which means all banking activities still continues.
Cheers

Thanx a lot dear, ur xplanation is one of d most educative and enlightening I have gotten so far,but wat r d non-performing loans,r they supposed 2 mean bad debts?
Posted: at 29-08-2009 10:54 AM (15 years ago) | Newbie
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- waco at 29-08-2009 01:34 PM (15 years ago)
(m)
INSOLVENCY

Posted: at 29-08-2009 01:34 PM (15 years ago) | Hero
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- funmaker32 at 30-08-2009 01:46 PM (15 years ago)
(m)
Non performing loans,are loans given out to people for a specific purpose but both the interest and principal i.e the actual money borrowed, are not being paid according to the schedule of payment agreed between the banks and the customer.What normally happen is that after what is being done by Sanusi,the governor of CBN,banks will come out stronger and better for it is the responsibility of the CBN to see that the money deposited by you and i were not wasted.

Giving out loans is one of the functions of banks,but the money must be collected back which is what the MD's suspended have not done.

Visit http://www.newbieventurer.biz for more about the problems in banks and submit your questions for answers with your email address
Posted: at 30-08-2009 01:46 PM (15 years ago) | Newbie
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- Abbey316 at 31-08-2009 10:02 AM (15 years ago)
(m)
Quote from: funmaker32 on 30-08-2009 01:46 PM
Non performing loans,are loans given out to people for a specific purpose but both the interest and principal i.e the actual money borrowed, are not being paid according to the schedule of payment agreed between the banks and the customer.What normally happen is that after what is being done by Sanusi,the governor of CBN,banks will come out stronger and better for it is the responsibility of the CBN to see that the money deposited by you and i were not wasted.

Giving out loans is one of the functions of banks,but the money must be collected back which is what the MD's suspended have not done.

Visit http://www.newbieventurer.biz for more about the problems in banks and submit your questions for answers with your email address


Thax a lot bro, dat was really enlightening
I guess most of these loans were given out as marginal(for acquiring shares, even within the issuing banks themselves)
The lack of ethics in Nigeria, runs through all sectors
Posted: at 31-08-2009 10:02 AM (15 years ago) | Newbie
Reply
- chuksben01 at 31-08-2009 10:03 AM (15 years ago)
(m)
WHAT?
Posted: at 31-08-2009 10:03 AM (15 years ago) | Upcoming
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- chihope at 31-08-2009 10:47 AM (15 years ago)
(f)
If u say bad debt, well I dont think so, Bad debt is an amount in business that can not be recovered, but in this case, I strongly believe that this loan from owed by this people would someday be recovered whether by force or calmly, It would surely be recovered, its peoples money and so they must pay back
cheers
Quote from: chuksben01 on 31-08-2009 10:03 AM
WHAT?
Posted: at 31-08-2009 10:47 AM (15 years ago) | Newbie
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- Gbravo at 31-08-2009 10:52 AM (15 years ago)
(m)
clear ur eyes or use google
Posted: at 31-08-2009 10:52 AM (15 years ago) | Gistmaniac
Reply
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