Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,196,065 members, 7,960,399 topics. Date: Friday, 27 September 2024 at 07:25 PM |
Nairaland Forum / Nairaland / General / Business / CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers (36419 Views)
12 Banks To Pay N499b CBN Fine For Loan Policy Breach / American ATM Dispenses 100$ To Customers Instead Of 20$ / MTN Nigeria Signs N200bn Loan Agreement With 12 Banks (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by somehow: 8:55am On Oct 04, 2019 |
boban007: only if you have a current account or prepared for them to set one up for you |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by WalkerMichael(m): 9:01am On Oct 04, 2019 |
PureMind2: I don't think it's wise to start a business with loan bro. Loans are meant to finance an already existing business.. Please be careful about taking loans to start a business. 1 Like |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by desmond2pk: 9:09am On Oct 04, 2019 |
omonla10: Not true. GTB is the best anyway. My monthly turnover cost half your own bit i got N1m some months ago. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by bayulll011(m): 9:11am On Oct 04, 2019 |
omonla10: don't say what you don't know. how many bank do know that dont do online duty payment |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by omonla10(m): 9:22am On Oct 04, 2019 |
bayulll011:I am saying what I know 100% cos it's my line.. Prove me otherwise.. Online means I can pay from my fone anytime of d day |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by omonla10(m): 9:24am On Oct 04, 2019 |
brownlord:I don't know how to pm.. Flash or call me on 08024059446 |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by agarawu23(m): 9:33am On Oct 04, 2019 |
Gazzy88:yes. It's very okay. They will push away qwickcash and co with high interest rate for just 14days |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Gazzy88(m): 9:38am On Oct 04, 2019 |
agarawu23:You're right. Infact the loan came when I needed it most. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by bayulll011(m): 9:44am On Oct 04, 2019 |
omonla10: All am saying is u dont know what u are saying. ask around u will know that not only u can pay online with other bank,u will also get a copy of your duty forwarded to u |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by omonla10(m): 9:55am On Oct 04, 2019 |
bayulll011:my guy give me proof pls.. Or else ure saying jargons..I am saying it again.. Only gtb offers online duty payment.. Are u a clearing agent? |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Bluntemperor: 9:55am On Oct 04, 2019 |
There are things Nigerians are not getting right or something the CBN is yet to tell Nigerians truthfully.or they are hidding something from the Public. 1.What is the present Interest Rate to be paid?.is it 5% or20%on a loan of N500,000.? For simplicity,the higher the interest rate,the more people/ Customers will resist coming for loans,since the Interest is additional Cost to the Loan amount. the CBN and bankers are aware of this. ii.Which area of business is preferred by CBN that All the Bank's should focus?.in Banking parlance called Preferred Sector-is it Agriculture,or Fast Moving Goods/Manufacturing? or Real/Steel,engineering? or Oil & Gas or Petroleum industry.? iii.When is Final Repayment Day?. Therefore,it is not about not giving loans but a Complex viability of what to give to the public and at what price that is both good for bank to make profits and better for public at a low price.Any loan from CBN far higher than 5- 7 % may not be welcomed because of reality of our time. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by bayulll011(m): 10:08am On Oct 04, 2019 |
omonla10: won't advertise for Bank here openly. will Dm you. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by alexvatt(m): 10:26am On Oct 04, 2019 |
fishbone11:How can one apply for Sterlingbank specta loan? |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Taribizy(m): 10:29am On Oct 04, 2019 |
Hello people. A lot has been said on this topic already. I think the CBN is committing fraud if the only reason they are ceasing the banks money is for not giving out risky loans. What is a risky loan? If the CBN feels the public should access more loans, let them collect the money from the banks and bare the risk of giving out these loans to the public. Just imagine, you want banks to give out risky loans but will run away when these loans go bad or default? SMH. CBN you should be working with banks such that via the BVN if a customer takes a loan and runs away, CBN can flag such customers in any bank where they may have hidden the loan. Listen to the banks and help them to help more people, not threaten them to just give out money. 2 Likes 1 Share |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by omonla10(m): 10:30am On Oct 04, 2019 |
bayulll011:OK I hear. Just call bank name. That's enuf.. I have account with a lot of banks |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by somehow: 10:46am On Oct 04, 2019 |
I even saw on my Access bank online profile that i am eligible for a loan at a certain amount even though its a savings account but you must have a token to access it. I don't want to collect their #2700 worth of token jare. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by centboy123456(m): 11:06am On Oct 04, 2019 |
wezzymoney: what the term and condition |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Ayo8(m): 11:18am On Oct 04, 2019 |
omonla10: Same with Diamond/Access... they gave me their Everyday salary account opening forms... I tire. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Funmilee(f): 11:29am On Oct 04, 2019 |
TwoBottles: Expand ain't on the list because they'be maintained a loan to deposit ratio of 60% and above. Talk about a bank that complies with all CBN rules and regulations, you won't find Ecobank defaulting 1 Like |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Strategical: 11:45am On Oct 04, 2019 |
The news is misleading. It is not a fine. The reporter had a poor understanding of the issue and did a very bad job. The money still belongs to the banks just that it is now warehoused by CBN at zero interest since they failed to lend it out. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by leo1234(m): 1:10pm On Oct 04, 2019 |
omonla10: I think non salary earners are qualified too. You can check their website to verify. But if you are a salary earner its even better you open a salary account with them. You can chat them on twitter to get genuine information. If you have further enquiry give me a mention, I have a friend that works with GTB. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by fishbone11(m): 2:20pm On Oct 04, 2019 |
alexvatt:Go to Google, type Specta Loan/Sterling Bank. U will get answers. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by ezewealth(m): 2:44pm On Oct 04, 2019 |
akan102:
|
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by ASHLAND(m): 2:53pm On Oct 04, 2019 |
9jaRealist:It seems you are not getting the gist; I am talking about how people or business without previous credit history which banks can use for them to get loan, you are saying something else. We are actually not on the same page. Can you read where people are saying they asked for loan and banks declined them? That is mostly because of lack of credit history. If I should pay some interest on a certain credit card in order to catalyze my credit history, what is bad in that? |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by am4truth(m): 3:28pm On Oct 04, 2019 |
[s][/s] Commentor:[/s] |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by Sugarbrands: 4:25pm On Oct 04, 2019 |
Yes o @TwoBottles. Getting a loan from Ecobank is quite quick and easy. All you need to do is walk into any Ecobank branch and apply. You should get your loan is less than 24 hours depending on the size of the loan. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by somehow: 6:21pm On Oct 04, 2019 |
Access bank payday loan is the easiest. You do not even need to visit anywhere and you can access the loan be it salary account, current or even savings account. 4680 was charged as total interest + vat + Maintainance on a 90k loan for 1 month. (The 4680 removed upfront). I hope they have no other hidden fees. Make sure you have the hard token if you're to go for the loan on their web banking login. |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by PureMind2: 6:31pm On Oct 04, 2019 |
WalkerMichael:not a start up anyway but to expand my biz already have a good ready with them |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by tayot1(m): 6:56pm On Oct 04, 2019 |
docadams: That is about 2.3% to 2.8% rates monthly which is still okay compared to those banks with 4% or more rates |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by 9jaRealist: 8:55am On Oct 05, 2019 |
ASHLAND: I got the “gist” alright... If, as a pre-requisite to get business or personal funding from a bank or financial institution, it is mandatory to deposit in a lockbox the same amount of personal funds, then (by whatever name you may prefer to call it - loan, credit card, etc - because you seem lost in nomenclature rather than focusing on substance) it is NOT a LOAN or credit (even if they give you a card euphemistically called a “credit card”). Accordingly, that methodology does NOT resolve the issue under discussion in this thread (to use your exact words as to what the issue under discourse is) of “people saying they asked for loan and the bank declined them”. Nonetheless, you have introduced a new element that it is substantively a payment to establish a credit history, the worthiness of which one presupposes is a personal decision for each individual. HOWEVER, IT DOES NOT HELP YOUR BUSINESS! First, your business account should (both by law, good corporate governance and just plain good sense) be SEPARATE from your personal account(s) and finances. In fact, the quickest route to the demise of startups is to CO-MINGLE business and personal finances. Ideally (and, in fact, by law) you should have DIFFERENT AND SEPARATE accounts (including BVN and TIN) for you and your business. Accordingly, again, unless you are providing personal guarantees for your business, shelling out money to create a PERSONAL credit history is an exercise in futility in resolving the issue of startup business people “saying they asked for loan and their banks declined them”. > |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by kunleweb: 1:26am On Oct 17, 2019 |
fishbone11: I banked with Gtbank over ten years. Had over 5 million running statement yet when I needed it I couldn't get a loan. I won't use them anymore |
Re: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by LANRYUS(m): 6:36am On Oct 17, 2019 |
maximunimpact: Contact us for your business plan for business expansion and new start ups. 08031526007 lanryus@gmail.com |
(1) (2) (3) (4) (5) (6) (Reply)
Meet The World Billionaires Of 2019 - Forbes (Photos) / I Got Defrauded By My Bank / What A Bad Day Looks Like In The Bank
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 52 |