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Access Bank To Shut Down 346 Banks Nationwide (List) - Business (9) - Nairaland

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Re: Access Bank To Shut Down 346 Banks Nationwide (List) by budaatum: 11:19pm On May 02, 2020
First, sorry for cutting out the rest. FrLukas calls it, "out of context", I am guilty of the disease that I have. Do please forgive me.
Tedpgrass:


Why not look into reduced hours or a cut in salaries as Wigwe has done.. Or better still declare no dividend in the forthcoming year.. Everyone can see the current circumstances are unprecedented and unpredictable.
So, they should "declare no dividend" so investor me gets less profit?

Is that because I invest my money for your benefit or because I caused the "current circumstances are unprecedented and unpredictable"?

Or maybe its because you are my pickin and I should concern myself with your sorry ass that the "current circumstances" that are "unprecedented and unpredictable" are chewing up? Do tell. Why?

Funny thing is, they will eventually "declare no dividends". As you yourself said, "current circumstances are unprecedented and unpredictable", lol! Still, you must seriously get it inside your head that you are not owed; for "it is not from the benevolence of the butcher, the brewer, or the baker, or investor that you should expect your dinner, but from their regard to their own interest", as in, your usefulness to us!

The fact that it's taking a people who were sold off as slaves in the millions by those they once bowed to so long to learn this seriously confounds and worries me.

Disclosure: I have no positions in any investments mentioned.
I have no plans to initiate any positions within the next 72 hours
.

1 Like

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Nobody: 11:22pm On May 02, 2020
This is pure wickedness. Useless MD. You knew about this retrenchment all these while, you just using covid as an excuse. Why not use the money you donated to federal government to settle this people you’re dismissing. These folks worked hard to get all the customers you also took over from diamond and you’re now leaving them with nothing. NLC will not even say anything about this. Useless country. How I wish we will speak one voice as Nigerians and close down our accounts with this worthless bank. As for me and my household, I am done with this bank.

3 Likes

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Lovexme(m): 11:23pm On May 02, 2020
Not Alausa branch too na angry
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Amanda4life: 11:24pm On May 02, 2020
Most companies that were able to exist without their staff being physically present during this lockdown, will surely retrench most of their staff.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by chigoizie7(m): 11:24pm On May 02, 2020
budaatum:
First, sorry for cutting out the rest. FrLukas calls it, "out of context", I am guilty of the disease that I have. Do please forgive me.

So, they should "declare no dividend" so investor me gets less profit?

Is that because I invest my money for your benefit or because I caused the "current circumstances are unprecedented and unpredictable"?

Or maybe its because you are my pickin and I should concern myself with your sorry ass that the "current circumstances" that are "unprecedented and unpredictable" are chewing up? Do tell. Why?

Funny thing is, they will eventually "declare no dividends". As you yourself said, "current circumstances are unprecedented and unpredictable", lol! Still, you must seriously get it inside your head that you are not owed; for "it is not from the benevolence of the butcher, the brewer, or the baker, or investor that you should expect your dinner, but from their regard to their own interest", as in, your usefulness to us!

The fact that it's taking a people who were sold off as slaves in the millions by those they once bowed to so long to learn this seriously confounds and worries me.

Disclosure: I have no positions in any investments mentioned, and no plans to initiate any positions within the next 72 hours.

Correct, if the do not declare dividends, the news reaching the common man will be that they are running on loss. The next thing is people will start pulling out their funds.

1 Like 1 Share

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by munachiso58(m): 11:25pm On May 02, 2020
i transfered my money to another bank 30 seconds after reading this. what am i??
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by odogwubiafra: 11:26pm On May 02, 2020
Ayekotoo:
This is the result, when a small bank acquired a bigger and one of the most capitalized banks in Africa due to Devilish Sanusi 's policy. Intercontinental bank comes to the picture.

INTERCONTINENTAL BANK, my HAPPY CUSTOMER, HAPPY BANK. I LOVED THAT BANK.
Out of desperation and wickedness of human hart, Sanusii and Saraki conived and killed that bank. See Sanusi and Saraki's life years after. Karma is a Northerner l swear.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 9jaRealist: 11:27pm On May 02, 2020
GamalNasser:
Hmmm just yesterday I was saying to a friend that I suspect they will close a diamond bank in my estate and I was right , looks they are closing diamond bank branches in areas where they already had Access branches , Methinks Herbert Wigwe is just using COVID crunch as an excuse to ditch Diamond bank staff he inherited in the acquisition

Exactly! It’s the old saying “Never waste a good crisis...”
The emergence of Fintech has rendered a lot of physical banking irrelevant.
>

2 Likes

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 27Pushing30: 11:28pm On May 02, 2020
new2012:
This is fake news.. The branches were shutdown because of the lockdown.

Other branches were working.. You need CBN approval to shut down even 1 branch.


People just carry baseless rumours since their MD village meeting with his staff om reduction of staff expense leaked.

Do you know they’ve already slashed the salaries?
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by NSoul: 11:29pm On May 02, 2020
what type of foodstuff exactly ?

ajohkeh:
too bad.

please I'm in need of any amount to get foodstuff, hunger is killing me, kindly assist me. this lockdown affected me so badly.

0121370278 GTB. thanks God bless.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Acidosis(m): 11:29pm On May 02, 2020
Let's face the truth, it is pointless having so many branches. Most of us have no business in banking halls anylonger. Everything can be done online.

Keeping too many branches in a digital banking age is like running a charity home and hoping to make profit.

As long as you have a BVN, you can do basically anything.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by kessdivine4all: 11:30pm On May 02, 2020
Sofistcatdmoron:
Let me go qnd transfer all my money from access bank to GTB

I just did that, no stamina for super story
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 9jaRealist: 11:30pm On May 02, 2020
Ayekotoo:
This is the result, when a small bank acquired a bigger and one of the most capitalized banks in Africa due to Devilish Sanusi 's policy. Intercontinental bank comes to the picture.
odogwubiafra:
INTERCONTINENTAL BANK, my HAPPY CUSTOMER, HAPPY BANK. I LOVED THAT BANK.
Out of desperation and wickedness of human hart, Sanusii and Saraki conived and killed that bank. See Sanusi and Saraki's life years after. Karma is a Northerner l swear.

Intercontinental was the physical manifestation of a Ponzi scheme...smh
>
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Zehner(f): 11:30pm On May 02, 2020
I agree�
GamalNasser:
Hmmm just yesterday I was saying to a friend that I suspect they will close a diamond bank in my estate and I was right , looks they are closing diamond bank branches in areas where they already had Access branches , Methinks Herbert Wigwe is just using COVID crunch as an excuse to ditch Diamond bank staff he inherited in the acquisition

1 Like

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Prophet777: 11:31pm On May 02, 2020
Useless bank, after dashing FG N1Billion just for publicity purposes right? Donating N1B at the expense of that cleaner who earns 15k per month with three children that will now drop out of school? Yet, the N1B donated has gone with the winds, cannot be accounted for.

You better put on your thinking cap. Laying off staffs at the moment remains a very bad decision, wicked act, bad reputation & image for any serious, self respected & a bank claiming to worth it salt.

Cutting down salaries including that of the MD whopping dollar's monthly income is far better than laying them off.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Gkemz: 11:31pm On May 02, 2020
It doesn't end by acquiring and acqusitioning banks when you can't pay your workforce. What will now remain of Access bank after shutting down all these locations. Well, it's none of my business. Banking job has little or no job security. You start planning your exit immediately you get your appointment letter.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Femeto: 11:33pm On May 02, 2020
Shey dem dey mad ni? They would lose customers for this. You cant be closing your branches in strategic places.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by chigoizie7(m): 11:34pm On May 02, 2020
Slimsly100:
How many come remain na

Enough branches still remain
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Femeto: 11:35pm On May 02, 2020
munachiso58:
i transfered my money to another bank 30 seconds after reading this.
what am i??
A realist.

1 Like

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Fidelismaria: 11:35pm On May 02, 2020

well I'm not surprised


I knew they would shut down the one inside UNN










Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 9jaRealist: 11:36pm On May 02, 2020
Femeto:
Shey dem dey mad ni? They would lose customers for this. You cant be closing your branches in strategic places.

Fintech has frankly rendered a lot of physical branches substantively irrelevant...
Nonetheless, I suspect these are places where there are Access and Diamond branches located close to each other.
>

1 Like

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Adakintroy2: 11:38pm On May 02, 2020
There are 101 way to die I said ones..I forsee this. Nigerians were more concern about there safety indoors. The few ones that could eat were more concern about safty.

We are afraid for covid.more than we are afraid for the economy. I fear for you all. If economy collapse how will they get kits and pay staff in hospital. How will the hospital run.

Economy is the life wire of everything. There is a limite to which you can keep your economy without access to oxygen.

You all are seeing the it's starting to convulsed.

Many of you thought when you done with the house rest you will come back and meet your job the way it was and with same pay. So now ask those who have been sacked if they think Corona is the worst thing out there.

Many things can kill us l. many things! keep your eyes for everything. Not only the desease.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by lieutAliyu(m): 11:39pm On May 02, 2020
I sincerely do hope this closure wouldnt take effect till after Monday,4/5/20.I dont have a tough skin for stories,see you soon @Fidelity or @Gtbank.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by jubrilELsudan: 11:41pm On May 02, 2020
ACCESS BANK IS DISTRESSED. THIS WIGWE MAN IS JUST LYING THAT CORONA FELL INSIDE ITS ANUS.

IF YOU HAVE MONEY THERE , BE A MUMU AND STILL LEAVE YOUR MONEY THERE, THEN WHEN YOU WAKE UP TOMORROW AND DISCOVER THAT ITS ALL GONE CAUSE ACCESS BANK HAS FINALLY COLLAPSED AND YOU CAN'T WITHDRAW CASH FROM THE ATM TO PAY THE ASHAWO YOU WENT TO FVCK THEN YOU WILL START BLAMING BUHARI.


ME I HAVE WITHDRAWN MY 273 MILLION NAIRA I HAD THERE. I JUST JEJELY TRANSFERRED IT TO MY ZENITH BANK ACCOUNT YESTERDAY NITE AFTER I SAW THIS WIGWE MAN VIDEO FORMAT.

2 Likes

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by karkinase(m): 11:41pm On May 02, 2020
platido:
After donating 1billion Naira to those thieves called FG.





Lesson: never in your life pleases a customer selling garri..your own mother is selling always it's worst than a curse
says who...Access Bank is a very rich Bank oo...that 1 billion na moi-moi..
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by emmnprince(m): 11:41pm On May 02, 2020
Ghen Ghen!



Brace up my fellow country people, unemployment will surely spike before the end of September. Increase in crime and fraudulent acts loading fast!


I wonder what will be in the minds of Access bank staff when they heard about the plan to layoff & cut pay. Those that are eventually laid off will begin to struggle to survive under a harsher regime. Those who would remain, will receive pay cut. Which ever way, Access bank staff are affected.


I won't be surprised if other banks and companies, especially private owned, if they downsize by retrenching their workers.


Ghen Ghen . . . Actors no dey die for film!
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by Nobody: 11:44pm On May 02, 2020
Hunger in the land. God have mercy.
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 9jaRealist: 11:45pm On May 02, 2020
Prophet777:
Useless bank, after dashing FG N1Billion just for publicity purposes right? Donating N1B at the expense of that cleaner who earns 15k per month with three children that will now drop out of school? Yet, the N1B donated has gone with the winds, cannot be accounted for.

You better put on your thinking cap. Laying off staffs at the moment remains a very bad decision, wicked act, bad reputation & image for any serious, self respected & a bank claiming to worth it salt.

Cutting down salaries including that of the MD whopping dollar's monthly income is far better than laying them off.

I hate to have these discussions because I have a large dose of human empathy...
But why would “that cleaner” have 3 school-age kids (and of course many have even more kids) on N15K per month?

The irony is that professionals who can afford it nonetheless try to keep family sizes manageable....
Frankly, kids shouldn’t just be seen as a “blessing” for parents, but parents should be able to “bless” the kids they have.

GOOD LUCK TO ALL...
Often times, darkness often precedes light.
>

3 Likes 1 Share

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by OloriOfMontreal: 11:50pm On May 02, 2020
wumi2017:




3079148938 layiwola ganiyat wumi,,, first bank,,thank you so much.may you never know hunger.. I'm grateful

Done. Sent you 3k. Let me know if you received it. Take care of yourself.

2 Likes

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by missjekyll: 11:50pm On May 02, 2020
they have shut all my beloved branches in all the states I have lived in. Which ones are open then?
Re: Access Bank To Shut Down 346 Banks Nationwide (List) by 9jaRealist: 11:53pm On May 02, 2020
.
Here’s sobering news for all those transferring money to other banks...

Reasonably certain that almost ALL Nigerian banks will use this Covid crisis to rationalize...
Fintech has rendered a lot of physical branch banking irrelevant, and the enforced lockdown merely reinforced that.

And of course, there’s almost certainly going to be an economic RECESSION...
The depth and length of that recession specifically in Nigeria will depend Buhari’s policies - so it’s not looking good! embarassed
>

2 Likes 3 Shares

Re: Access Bank To Shut Down 346 Banks Nationwide (List) by budaatum: 11:55pm On May 02, 2020
Here, by the way, is access bank caring about you.

1 Share

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