Topic: BANKS ARE LIQUIDATING

where did u get that information from??

RELATIVES, FRIENDS CALLED ME

lately intercontinental bank increased her savings minimum balance.....the balance which was formally 1000 now raised to 10000....i smell something there but cudnt fathom why...now with the new gist in town ....we better be aware and lets all pray for their sustainance

do not create panic
I belief that our banks are still strong and will survive this hard time

Please. this is unherad of and kindly disregard such statement.

Originally Posted by Ayodele Funke E.

IS IT THTU DAT INTERCONTINENTAL, ZENITH, AND OCEANIC BANKS ARE LIQUIDATING VERY SOON?

BANKS ARE NOT LIQUIDATING, MOST OF THEM ARE EITHER CUTTING THEIR STAFF PAY BY 30% IN THE NAME OF RESTRUCTURING, OTHERS ARE ASKING THEIR STAFFS TO SAVE 40% OF THEIR INCOME TO THE BANK BUT TELL THEM THE MONEY IS STILL THEIRS. MY POINT IS IF THESE BANKS ARE IN DISTRESS WHY DONT THEY ASK FOR EMERGENCY BAILOUT?
BE LIKE SAY MAN GO ADVICE HIM FAMILY,RELATIVES AND FRIENDS TO WITHDRAW ALL THEIR FUNDS FROM BANKS BEFORE THEM LIQUIDATE TRUE TRUE.

Considering the economic meltdown, it is expected that banks might go over the merger again. By this, i mean acquisition of the very small ones that might not weather the storm will probably set in soonest but certainly they all cant go down. I guess dats y they have started right-sizing and cutting down salaries to be able to weather this storm...God help us all

Banks are thieves esp. intercontinental. they just want to capitalize on the global economic meltdown to make more money themselves. Personally, I still find it difficult to believe any of the banks will liquidate easily. Let's just watch.

Dem don use our money rush build branches finish, na now dem wan put am 4 global recession head!!!

I heard romours about intercontinental and oceanic. But i think thats all dey are -rumours

hi house, dnt panic no bank is going down. Intercontinental increased their balance not because they are going down but because they want to give more effective service to their customers. but because of the general complaint, they have cancelled all the reviews. so their minimum balance is still as before. See!!! no cause for alarm

I served with d bank,the bank can never go down.They are finacially strong and customer oriented.