JUST IN: Bad Secrets On Ken Ofori-Atta’s Databank Dropping : Here Is Why Databank is Trending Number 1 on Twitter -WATCH

Spread the love

Bad Secrets Dropping: Here Is Why Databank is Trending Number 1 on Twitter -WATCH

funbooo

Databank is number one among the top trends on Twitter today, November 23, 2022, as customers cry over their inability to access their funds and investments.

According to some Twitter users, who have their savings and investments at the bank, they noticed that random deductions had been made on their monies.

Others have also explained that the act is not deliberate but an instruction from the Securities and Exchange Commission for banks to use the mark-to-market approach, where customers will get the market value of their returns due to the current economic crisis.

Apart from Databank, others have also noted that Ecobank has been using the mark-to-market approach for its EDC investments and other investment packages as well.

The customers said this has reduced their returns and even gone further to reduce their principal.

Twitter has therefore been buzzing as people are panicking as they state their fear of losing their investments.

One Twitter user Rex@RexKwasiDanquah wrote: “There’s misinformation going around that various fund managers (Databank, EDC, Stanlib) are “STEALING” monies people have invested. That’s disingenuous. @SECGhana has instructed them to use use the mark-to-market valuation method in the valuation of investment assets/securities.”

Another user, Richard said “Databank and EDC are not making decisions on their own. This is a directive from the SEC to all investment-holding banks and firms. They have to comply.”

Read some of the tweets below

 

See also  Check Out Some Possible Reasons Why A Woman May Urinate During Intercourse- [CHECK OUT]

 

 

-Source: Ghanaweb-

See also  Human Eyes, Tongue Were Put In Rubber Bag – Wa Central MP Shares Harrowing Experience

 

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*