Topic: BANKS ARE LIQUIDATING

Let's be careful & stop spreading dangerous propaganda. What the banks are doing 2 demselves is de-marketing other banks. They want 2 have a large savings in their branch and they speak bad about the more successful banks. They are all raising because the Central Bank introduced this Dec, 2009 4 uniform accounting year end. In my opinion, basically all are not 2 sound/healthy. But that does not mean that u should rush and withdraw your savings from any. They are basically all the same. It is clearly not safer 2 keep your money at home. If possible spread your money in several banks. Thats my own opinion.

Dudes..Why are you guys bothered. It is if you have alot of cash saved in the Bank that you would even bother about such stories. I for one don't have the money to be bothered about liquidation, I need a job....thats alll that matters. And if you need a solution put your money under your mattress like me!!! And pray armed robbers dont pay you a visit!

Originally Posted by Ayodele Funke E.

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

Naijajobber the Rumour wey una carry for schooldays na im una wan carry reach here so Cbn has just announced that Intercont is strong! Even if they truely liquidate, depositors will surely get their money back no matter ho long it takes. Believe me because I was affected in the All States TRust Bank saga.....
seriously this kind of gist could have devastating effects so let's be guided!

i m in first bank and i don't think it will never go down, try and invest in a stronger bank like first bank

it all started like a joke then when some banks folded up overnight. As for me, I think our leaders are not been sincere enough to let nigerians know the true situation of the nigerian economy. Soludo once said that there is no cause for alarm and that nigerian economy is immuned against recession. the question i asked myself was, if a country like Japan that is very efficient is bailing out her major companies, what then is the rationale behind our own economic immunity despite our obvious extravant spending and CORRUPTION? we all must continue to study the trend of events as they unfold so that we will not be caught unaware. the little money given to me by NYSC when i was rounding up my service last month is still in the bank and i can't afford to be begging NDIC and CBN to pay me back the when banks start to liquidate. Mr Soludo should be more open as far as banks failure is concerned.

House is through that these banks will liquidate?