Omo Naija, wetin dey happen for banking wahala? Central Bank of Nigeria don remove the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, as e fit shock you! Dis one na serious matter wey fit shake ground for mortgage market.
According to wetin CBN talk, dem take dis action to clean up mortgage sub-sector wey don dey smell like fish for market. Dem don talk say Aso and Union Homes no meet the minimum cash wey dem suppose get as share capital, and dem get wahala with their assets too.
Omo, you fit imagine say two big banks no fit cover their liabilities? E mean say if you put your money there, na wetin go happen? CBN don talk say dem no fit manage their finances well, and this one fit affect people wey don keep their money for those banks.
The Acting Director of Corporate Communications for CBN, Madam Hakama Sidi Ali, yarn say dis action na to protect customers, help the banking system stable, and make sure only solid banks dey operate. If you ask me, e be like say dis banks no sabi how to run their business again!
CBN also mention say Aso and Union don dey face serious operational challenges, and dem no even fit submit their financial statements for almost six years. Imagine, abi na wetin dem dey do for office? Na why dem don remove dem for the Nigerian Exchange! E don clear say dey need to go home and rethink dem lives!
Now, for those wey get money for dem banks, CBN don tell NDIC say make dem verify and start to pay people dem insured deposits. Dem go pay each person up to N2 million, but any amount wey pass dat one go dey on hold till NDIC fit recover some money from the bank assets. Na serious case wey we dey see.
Depositors fit now check how dem go get their money back by visiting NDIC office or do am online. Dem need to show proof say dem get account, valid ID plus Bank Verification Number (BVN). If you dey wait make dem pay you your balance, my brother, e fit take time, so make you shine your eye well well!
As for the creditors and workers wey dey expect money, NDIC don talk say, they go start to pay dem after dem don settle all depositors. Na only after selin dem bank assets and recover some debts, dem fit talk about workers and shareholders. E get as e be!
So, my people, if you dey save for Aso Savings or Union Homes, make you dey prepared because dis na serious matter wey fit affect everybody way dey inside the financial sector. E good make we dey follow up on this gist and make sure our money dey safe.
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