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Nairaland Forum / Nairaland / General / Business / First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks (54857 Views)
CBN Appoints New Executives For Union, Keystone And Polaris Bank / Gtbank In Acquisition Talks / Access Bank Debunks Merger, Acquisition Talks With Union Bank (2) (3) (4)
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Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Bamibor: 8:09am On Mar 14, 2020 |
Abayhormy: Facts stated. And as a matter of fact, more acquisitions are in the pipeline as several banks have very weak backbone ( capital adequacy ratio et al). |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Ayhomes(m): 8:09am On Mar 14, 2020 |
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Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by LaIabobo: 8:09am On Mar 14, 2020 |
Judolisco: Skyebank was never Afribank or MainStreet. Skye was originally a merger of Prudent bank, Eko bank, Cooperative bank, and some other banks. Then Skyebank took over MainStreet in 2014. 5 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Tareq1105: 8:09am On Mar 14, 2020 |
Mutemenot: Gtb nko? |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by onyxo76(m): 8:10am On Mar 14, 2020 |
oldman112:isn't it a south west bank,wemabod or something like that? 3 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Bamibor: 8:12am On Mar 14, 2020 |
AK481: Don't be too sure sir |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by dfrost: 8:16am On Mar 14, 2020 |
NextD18: Na so paddy. Been banking with them for 16 year now. No regrets. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by kolexy(m): 8:16am On Mar 14, 2020 |
ITbomb: Mainstreet Bank was acquired by Skye bank. It wasn't a change of name 3 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by dfrost: 8:18am On Mar 14, 2020 |
Mutemenot: So you intentionally removed GTB or you forgot? 2 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by BULLIONVAN4(m): 8:18am On Mar 14, 2020 |
GOFRONT:Not any more! that policy no longer holds. you can now withdraw your 900 and remain only but 100 naira. 5 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Jaymaestro(m): 8:18am On Mar 14, 2020 |
onyxo76: It is. Don't mind him. I Stan with UBA and Wema. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by niggi4life(m): 8:20am On Mar 14, 2020 |
LaIabobo:100% correct!!! I kept wondering when Afribank acquired Skyebank |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by wink2015(m): 8:20am On Mar 14, 2020 |
CORRUPTION, BAD ADMINISTRATION AND POOR BUSINESS ENVIRONMENT KILL ALL THIS SMALLER BANKS. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Ayemileto(m): 8:21am On Mar 14, 2020 |
gnykelly: Those managing UBA, GTB are Togolese abi? 9 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by CharleyBright(m): 8:21am On Mar 14, 2020 |
Ugo4hotish: Why the abuse and name calling? Do you have personal beef ? Since you dont want us to discuss about the bank, i guess u want us to join your Deaf and Dumb association. A bigger fool is always quick to call another fool. Silly Deaf Mute. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Ugo4hotish(m): 8:25am On Mar 14, 2020 |
CharleyBright: Mad idiot... You'll not go and read your books...ewure |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by BULLIONVAN4(m): 8:25am On Mar 14, 2020 |
Abayhormy:Nope! it was announced yesterday via our fbn whatsapp group(anambra chapter), then it became the talk of the day at the office. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by efemena5050(m): 8:26am On Mar 14, 2020 |
ITbomb:lol |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by F3dan: 8:26am On Mar 14, 2020 |
Powersurge:Former. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Icon4s(m): 8:28am On Mar 14, 2020 |
Judolisco: You do your research. Skye bank was never at any point Afribank or Mainstreet bank. Skye only acquired Mainstreet which metamorphosed from Afribank. Two years later AMCON took over Skye and named it Polaris. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Iwaniewa: 8:28am On Mar 14, 2020 |
dfrost:All of u are shouting GTB. Abeg ooo wetin gtb get thousands of retail customers,and so |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Somatic(m): 8:29am On Mar 14, 2020 |
dominique: Zenith is actually stronger than GTB. Share capital size, total deposits,and overall profitability for over 3 years have consistently put Zenith on top of GTB.and other banks as the number 1 financial institution on Nigeria. Financials of 2019 widened the gap. |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Icon4s(m): 8:30am On Mar 14, 2020 |
LaIabobo: Exactly |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by CharleyBright(m): 8:30am On Mar 14, 2020 |
Ugo4hotish: You woke up and starting picking fights by putting your mouth where e no concern u and calling me Fool. Do u abuse people so easy? You no get manners? You will soon call your father goat before noon.. Go and take your usual drug. Useless youth. 2 Likes |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Bamibor: 8:30am On Mar 14, 2020 |
BULLIONVAN4: You did not get his comments. He's simply trying to debunk the inferred idea that FBN is getting into a merger because it needs saving whereas it is actually the one doing the saving by coming to the rescue of the two apparently distressed banks. 1 Like |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by anonymousghost2(m): 8:32am On Mar 14, 2020 |
NextD18:Access bank |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by BULLIONVAN4(m): 8:33am On Mar 14, 2020 |
Bamibor:Ok |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by qanda: 8:34am On Mar 14, 2020 |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Nobody: 8:34am On Mar 14, 2020 |
dominique:I swear people don dey run from FBN from the saucy staff to the annoying deductions and freezing of account. Common 20k dem fit freeze your account. 1 Like |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Chatflick(m): 8:34am On Mar 14, 2020 |
originalomobaba:First Bank representative spotted. Bank that has the worst service on earth 2 Likes 1 Share |
Re: First Bank Confirms Merger, Acquisition Talks With Heritage And Polaris Banks by Bluffly: 8:35am On Mar 14, 2020 |
They should be specific if it is merger or acquisition. I think it is Merger with FBN having the higher stake and being the unbrella |
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