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Globus Bank, the Glossary

Index Globus Bank

Globus Bank Ltd, commonly referred to as Globus Bank or simply Globus, is one of the 26 commercial banks in Nigeria.[1]

Table of Contents

  1. 15 relations: Central Bank of Nigeria, Chair (officer), Cheque, Chief executive officer, Commercial bank, Credit card, Debit card, Financial services, Investment, Lagos, Loan, Nigeria, Nigerian Exchange Group, Public company, Wealth.

  2. Banks established in 2019
  3. Banks of Nigeria

Central Bank of Nigeria

The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. Globus Bank and central Bank of Nigeria are banks of Nigeria.

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Chair (officer)

The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly.

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Cheque

A cheque (British English) or check (American English); is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

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Chief executive officer

A chief executive officer (CEO) (chief executive (CE), or managing director (MD) in the UK) is the highest officer charged with the management of an organization especially a company or nonprofit institution.

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Commercial bank

A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit.

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Credit card

A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit.

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Debit card

A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases.

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Financial services

Financial services are economic services tied to finance provided by financial institutions.

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Investment

Investment is traditionally defined as the "commitment of resources to achieve later benefits".

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Lagos

Lagos (also US), or Lagos City, is a large metropolitan city in southwestern Nigeria.

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Loan

In finance, a loan is the transfer of money by one party to another with an agreement to pay it back.

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Nigeria

Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa.

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Nigerian Exchange Group

The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is a stock exchange founded in 1961 in Lagos.

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Public company

A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets.

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Wealth

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

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See also

Banks established in 2019

Banks of Nigeria

References

[1] https://en.wikipedia.org/wiki/Globus_Bank

Also known as Elias Igbinakenzua.