A Bank’s Dilemma with Interest Rate
A bank exists to make profit just like any other corporate organisation. It is statutorily allowed to trade with its customers’ funds upon meeting its capital adequacy requirement.
Posts
It’s Ramadan
DOM : Happy Sunday GARY : Same to you my brother. DOM : I didn’t see you in the church today
The kidnapping in CHIBOK: Fact or Fiction
My son’s friend in London once asked him; where are you from originally? My son answered Nigeria. He further asked; do you understand and speak Nigerian? My son replied that he understands and speaks IGBO. The boy was taken aback; you said you are from Nigeria; you don’t speak Nigerian but IGBO, so what does that make you?
Tribute to Nelson Mandela (Madiba)
It was 5th December 2013; a breaking news; an African (a black man) who the world acknowledged that lived a better life than them passed on. That man was Nelson Mandela. He died at the age of 95.
Bank Lending, Risks and Crisis Management
Bob Hope (1903 - 2003), a comedian and film actor stated, “A bank is a place that will lend you money if you can prove that you don't need it”.