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Nairaland Forum / Nairaland / General / Business / Banks Get Deadline To Recapitalise (24114 Views)
FG To Restructure, Recapitalise Boa With N500bn / NDIC Boss Urges Banks To Recapitalise / 3 Banks Get June 2016 Recapitalisation Deadline (2) (3) (4)
Re: Banks Get Deadline To Recapitalise by ExInferis(m): 4:29pm On May 11, 2015 |
GudluckIBB: Card reader failed. |
Re: Banks Get Deadline To Recapitalise by biznus: 4:52pm On May 11, 2015 |
SeunAero:jono owo Ow oo ti O o Owo oo ti O Owo oo owo jono |
Re: Banks Get Deadline To Recapitalise by ikkkkk: 4:52pm On May 11, 2015 |
[quote author=Keneking post=33631571]Ok--- "Access Bank, Diamond Bank, FBN Holdings, FCMB Group, Fidelity Bank, Guaranty Trust Bank, United Bank for Africa (UBA), Zenith Bank, Wema Bank and Skye Bank Plc". Where is Keystone, Enterprise Bank, Heritage Bank, Union Bank others [/quote Make CBN cool down oooo. This Era of people losing their jobs is not funny. |
Re: Banks Get Deadline To Recapitalise by ikkkkk: 4:55pm On May 11, 2015 |
atilla: Ecobank 1 Like |
Re: Banks Get Deadline To Recapitalise by porka: 5:58pm On May 11, 2015 |
jjwaterfalls: [size=16pt]It's capital not deposit.[/size] 1 Like 1 Share |
Re: Banks Get Deadline To Recapitalise by Sweetguy25: 6:08pm On May 11, 2015 |
atilla: Citi and Stanbic are some of the strongest banks in the country. |
Re: Banks Get Deadline To Recapitalise by drdams: 6:16pm On May 11, 2015 |
Boss13: nice. but the last time I checked, Diamond wasnt among the too big to fail banks. its nt a tier1 bank. fidelity neda. Access GTBank Zenith FBN LTD are regarded as first tier. Diamond is almost there that the rest met the requirement of capitalization doesnt make them tier1 1 Like |
Re: Banks Get Deadline To Recapitalise by porka: 6:32pm On May 11, 2015 |
Sacluxpaint: It's not the CBN governor's policy. Banks are required to have enough capital relative to the amount of risk assets (loan) in their books. Also, marketer don't raise capital, directors do. 1 Like 1 Share |
Re: Banks Get Deadline To Recapitalise by Lucasbalo(m): 6:48pm On May 11, 2015 |
kennygee:I hope you have a lot of it because I lost few millions when Societe General went belly up. That's when I stop banking in Nigeria except my Domiciliary Account at Eco Bank. The banking system in Nigeria is not well regulated like the ones in US or Europe. 1 Like |
Re: Banks Get Deadline To Recapitalise by Nobody: 7:33pm On May 11, 2015 |
porka: When the directors raise the capital, do you know the pressure that will now be on the marketers? The Nigerian banking industry is nothing to write home about nowadays |
Re: Banks Get Deadline To Recapitalise by ericzzzz(m): 6:29am On May 12, 2015 |
I really like this. Its just that the deadline is really far. |
Re: Banks Get Deadline To Recapitalise by Abee79(m): 8:58am On May 12, 2015 |
No need to worry about the possibility that your bank might fail, or that you might lose your money. There is a Government Agency called Nigeria Deposit Insurance Corporation (NDIC) that is responsible for paying bank depositors their money if their bank fails. I think presently the maximum insured deposit is N500,000 (which covers up to 85% of bank depositors in Nigeria) in Deposit Money Banks and N200,000 for Other Financial Institutions (Microfinance Banks & Primary Mortgage Banks); and if you have more than that in your account, NDIC will pay you everything as it realises the assets of the failed bank and declares 'Liquidation Dividends'. You can find more information about the NDIC and how your bank deposits are protected at: www.ndic.gov.ng
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Re: Banks Get Deadline To Recapitalise by drdams: 2:44pm On May 12, 2015 |
Abee79: O-Y-O if u aint that boxed up. please divest ur funds. like 450k max with ur bank (if u smell shit) thats if u do wema heritage unity or u tinking of joining savannah after re-emergence But FBN Zenith GTBank wint fail. . not in the foreseable future. |
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