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Old Nov 30, 2007 , 04:37 PM   # 5 (permalink)
Default Re: Oceanic Bank Honoured In London As Nigerian Bank Of The Year 2007



Sometimes I think the Nigerian bank chiefs are too insular

I congratulate Oceanic and other banks that are doing well but they can't be too careful

They just have to look at Northern Rock, previously one of the top 10 banks in the UK

The last bank I worked for just before consolidation almost suffered the same fate

What happenned? Obasanjo ordered all government deposits to go back to CBN

Even right now, some are still floating on the tides of FDI they got during recapitalisation

Some are even rolling on the waves of loans obtained from other financial bodies

They out to be careful. A word they say is enough for the wise...

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