Nov 30, 2007
, 04:19 PM
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Join Date: Dec 2005
Location:
UK
Gender: Male
| Re: Oceanic Bank Honoured In London As Nigerian Bank Of The Year 2007 I congratulate Oceanic sweet moment but if the policy of quantity over quality is not redirected to safety, I fear the bubbles of these Nigerian banks shall head toward sharply pointed objects. The rate of expansion defies caution.
Nigeria (and Africa, for that matter), so vast market, and prudence advices that these banks concentrate on the local markets, improve quality and its customer base before making the grand entrance into the overseas market.
It seems that (in typical imprudent Nigerian style, alacrity, grand gesture, and all that), the Bank Ogas' objectives are to claim the “bragging rights” over who has the most coverage (I can hear the Ogas bragging that, “We are everywhere now!”).
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