Stats: 3,188,880 members, 7,935,766 topics. Date: Friday, 30 August 2024 at 03:21 PM |
Nairaland Forum / Nairaland / General / Investment / Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 (15449 Views)
Stock Market Shareholders Lose N1.15trn In Q1 / Feb 2016 Fixed Deposit Rates: GTB, Diamond, Firstbank, Stanbic, Sterling, Wema / Stock Market Shareholders Lose N108billion To Forex Suspension (2) (3) (4)
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Cutehector(m): 12:05pm On Jul 25, 2015 |
Union bank is d best bank in d world.. Yaaay ![]() 2 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by RichDad1(m): 12:05pm On Jul 25, 2015 |
That's abysmal. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by dapotemi: 12:10pm On Jul 25, 2015 |
FLASH::However, the bank saw income from commissions and fees rise 14% to N9.5billion. Things however went south for the bank after it posted an operating expense of N27 billion (N24.1billion). We also noted that the bank’s deposits dropped significantly by 9% to N1.4trillion Also of note was the fact that the bank lent about 18.7% of its Loans and Advances to other banks. NOTE:The above statement means alot o..Rise in Operating expense will lead to "Job cut" and drop in deposit means that the remaining workers,especially the marketers and the contract staff will have to work their ass off. 2 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by dammytosh: 12:12pm On Jul 25, 2015 |
Election postponement Oil price fall Naira Devaluation No bank can claim not to have felt the impact unless the books are cooked. 4 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by DWJOBScom(m): 12:17pm On Jul 25, 2015 |
libertyfather: SoRry dear If one was provided for you , your "jealously can't spend" N1050 would've been taken oFf since. They can't take it after the card has been produced, it's taken before the card is produced |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by gbz123: 12:18pm On Jul 25, 2015 |
[i]...........CENTRE OF EYE SERVICE BANK |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by onatisi(m): 12:18pm On Jul 25, 2015 |
So many “no wonder” on this thread, me too I come dey wonder why “no wonder” ![]() ![]() |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by engrshakespeare: 12:32pm On Jul 25, 2015 |
sashx: Access bank staff, weldone. because den pay u salary abi. ur eye gi soin clear |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by engrshakespeare: 12:34pm On Jul 25, 2015 |
Adesiji77: help me tell am. dis one is not even glittering. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by papinx(m): 12:36pm On Jul 25, 2015 |
No wonder the OAU branch wound up... |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by libertyfather(m): 12:40pm On Jul 25, 2015 |
DWJOBScom: I dint request for it at all, besides I don't want ATM for the account that was the purpose I open account with them... UBA call me many times if I need ATM I told them no, that's banking not just deducting my money for what I dint want at all |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by luthorcorp: 12:41pm On Jul 25, 2015 |
too bad,and when I thought they were dis close to perfect.......maybe the snail syndrome is rubbing off on them |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by luvluvluv: 12:57pm On Jul 25, 2015 |
I tell u dis, diamond is still one of the best so far... The figures only show transparency in their system rather than the usual practices of some other banks who cook up good figures jus 2 impress gullible prospective customers. Well, they can up their charges on interbank transfers coz I notice even though their service is cloz to perfect, their charges are still very low compared to other banks. ur Bank!! 10 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by cecegorz(m): 1:10pm On Jul 25, 2015 |
dapotemi: Definitely, Opex is expected to rise for all companies operating in Nigeria for the last quarter, giving how all our economic indices had gone south since this Sole administration started. The major problem for diamond is actually the huge loan loss expenditure. They have terrible NPL in their loan book and there is no hope in sight for recoveries. Sometimes I think Alex Oti just used Abia Guber race as an excuse to run away from Diamond's debt burden, which he is surely partly to blame |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 1:16pm On Jul 25, 2015 |
davide470: Yesterday. See the timeline here http://www.diamondbank.com/index.php/component/eventlist/categoryevents/2-quarterly-result-announcement |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by fairheven: 1:16pm On Jul 25, 2015 |
Still my bank. Everyday no be Christmas naa. Better days ahead! Even the biggest banks like CITI an Backlay bank are not smiling Take it or leave it. .days of Jumbo profit are over |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by alphaconde(m): 1:22pm On Jul 25, 2015 |
And they were paying their staffs jumbo salaries, highest paying bank. Now all that gliters isn't gold |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by deolu2000(m): 3:29pm On Jul 25, 2015 |
This shares of a thing is very annoying,i bought those of feidelity bank in 2008,i am still very surprise that they have only sent me two dividend slips in 7yrs with the new worth of less than #1000.i dont know what to do about it self.any advise for me as wel will be appr8td. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by 4reigningqueen: 4:41pm On Jul 25, 2015 |
oh lord! Now those guys will come on monday and be like 'this line is not moving, no wonder they are making loss' we wil rise again |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by eduxerxes: 6:59pm On Jul 25, 2015 |
joystickextendr:no be you give the other guy mojo Ring wey make im johnthomas swell? And dem come call Fire service people to quench the fire? Abeg park well joooooor!!! |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by boiz2mhen(m): 7:08pm On Jul 25, 2015 |
That's y First bank will always be first bank...sustenable and continuous growth!...proudly FBN all the way |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by joystickextendr: 8:22pm On Jul 25, 2015 |
eduxerxes: ![]() ![]() |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 11:09pm On Jul 25, 2015 |
luvluvluv: @bolded: I doubt if any bank can still "cook up good figures" with impunity like yesteryears. You sound like a staff of the bank though... ![]() |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Tinyemeka(m): 5:53am On Jul 26, 2015 |
cecegorz: Huge portfolio of NPL is definitely the cause. There were very weak controls in place. They issued loans wily-nily. Guess it has backfired. P.S Could it be possible that some of these bad debts have been made to appear as operating expenses? Cos I can't think of any factor that may have contributed to the rise. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by 240naija(m): 7:53am On Jul 26, 2015 |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by ogbs2020love: 8:36am On Jul 26, 2015 |
Which one them go do for you. if them no give loan,una go complain...if them give loan, una go Still complain Tinyemeka:Which one them go do for you. if them no give loan,una go complain...if them give loan, una go Still complain |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by NobleG1(m): 6:05pm On Jul 26, 2015 |
All your money matters should be done at First Bank, it's the only stable bank in Nigeria! |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 6:50pm On Jul 26, 2015 |
NobleG1: The bolded is not true ![]() |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by NobleG1(m): 7:12pm On Jul 26, 2015 |
Adesiji77: Why not give reason? |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 7:20pm On Jul 26, 2015 |
NobleG1: There are about 20 commercial banks in Nigeria; your post suggested that the other 19 or so banks are NOT stable. Your assertion should be supported with concrete facts. Otherwise, it may be assumed that you are "de-marketing" other commercial banks. BTW, are you a staff of FBN? ![]() ![]() |
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