tag:blogger.com,1999:blog-9317825.post115735037615691283..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Bank Rankings: June 2006bankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-9317825.post-91000814113853518632008-02-28T15:02:00.000+03:002008-02-28T15:02:00.000+03:00Mine is for Gulf bank we heard that when you open ...Mine is for Gulf bank we heard that when you open your branch in Eastleigh the other banks will close? Is it true?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-56235199438786326062007-05-18T14:29:00.000+03:002007-05-18T14:29:00.000+03:00Im just excited about this fully fledged Islamic b...Im just excited about this fully fledged Islamic bank. Could you please tell us when they expect to be operational and whether they'll be offering Retail banking.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-22143705627011013062007-04-12T10:24:00.000+03:002007-04-12T10:24:00.000+03:00Gulf African is owned by a consortium of Gulf bas...Gulf African is owned by a consortium of Gulf based leading commercial banks, financial institutions, high net worth individuals and business leaders in the Arabian Gulf have partnered with eminent Kenyans.<BR/>We have submitted documentation for licencing and the Central Bank of Kenya is working on it.<BR/>We hope it will be finalised soon.Unknownhttps://www.blogger.com/profile/11002846077772396503noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-47360271724732597232007-04-12T09:20:00.000+03:002007-04-12T09:20:00.000+03:00yes non muslims can apply for senior posts at Gulf...yes non muslims can apply for senior posts at Gulf African BankUnknownhttps://www.blogger.com/profile/11002846077772396503noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1163342382996360752006-11-12T17:39:00.000+03:002006-11-12T17:39:00.000+03:00Again, Gulf African Bank; Can non Muslims apply fo...Again, Gulf African Bank; Can non Muslims apply for senior posts? <BR/>To share, while browsing I came across www.gulfafricanbank.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1163341501204051392006-11-12T17:25:00.000+03:002006-11-12T17:25:00.000+03:00Gulf African Bank; who are the owners and when do ...Gulf African Bank; who are the owners and when do you think license would be granted ? Is it really Sharia/Islamic complaint bank or providing Islamic products as other conventional banks have done in Kenya ? <BR/><BR/>Conerened,<BR/>ASB,<BR/>MombasaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157657314672813532006-09-07T22:28:00.000+03:002006-09-07T22:28:00.000+03:00Well if Holy Cow is right, I hope Equity cleans up...Well if Holy Cow is right, I hope Equity cleans up its act coz if it fell, it would cause havoc among the most vulnerable in society!<BR/><BR/>Others like Euro Bank, Trade Bank, Trust Bank, etc affected many but not the most vulnerable. Equity is different...<BR/><BR/>That said all depositirs are covered upto 100,000/- ($1,500)...coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157619911264264302006-09-07T12:05:00.000+03:002006-09-07T12:05:00.000+03:00I got my doubts about Equity think its risen too f...I got my doubts about Equity think its risen too fast, a friend callls it a "political Bank"Holy Cowhttps://www.blogger.com/profile/16564571562972685361noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157522894622387002006-09-06T09:08:00.000+03:002006-09-06T09:08:00.000+03:00coop bank's performance is as impresive as they co...coop bank's performance is as impresive as they come. especially still being under de facto state control. they have been talking about lisiting....is there nay indicators.<BR/>For kcb and also coop however, being able to ,opbilise cheap deposits from all over only to then lend to govt is not good strategy. it may be safe and conservative, but equity and the like minded will always report better returns on investmentgathingahttps://www.blogger.com/profile/02470160821650563544noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157470948011426582006-09-05T18:42:00.000+03:002006-09-05T18:42:00.000+03:00Ati citibank (kenya) going public??You people are ...Ati citibank (kenya) going public??<BR/><BR/>You people are joking.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157447975309830982006-09-05T12:19:00.000+03:002006-09-05T12:19:00.000+03:00Cold tusker..Thats a definite no. Because in Kenya...Cold tusker..<BR/>Thats a definite no. Because in Kenya unlike other multinational banks, Citibank is only a branch of Citibank Newyork. While others are franchises..<BR/>And yeah in Kenya they only do Corporate banking hence the few number of customer accounts..RChttps://www.blogger.com/profile/06761422707141778205noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157413301258686542006-09-05T02:41:00.000+03:002006-09-05T02:41:00.000+03:00Citibank (Kenya) does not have retail banking but ...Citibank (Kenya) does not have retail banking but they are huge & very profitable!<BR/><BR/>I wonder if they would go public in Kenya?coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157394495664250252006-09-04T21:28:00.000+03:002006-09-04T21:28:00.000+03:00Banks,... Some Food for thought...I think banks co...Banks,... Some Food for thought...<BR/>I think banks comparison is not always done objectively, MI and the dailies should also consider a percentage of the total no. of client accounts against total profitability where a bank like Citibank would be a clear tops in the country. Anyway, I like your breakdown. Or am I being subjective??<BR/><BR/>Also consider factors like the total interest income for Equity is very high reason and their profitability is impressive, but they have some many accounts which they pay almost no interest on deposit meaning when giving loans their cost of money is minimal since most of their account holders have less than 20K in the account. While us on the otherhand a bank like Citibank where accountholders have more than the minimum and also demand for better terms have a very high cost of money but still outperforms the other banks.. Anyway guess we can discuss this the whole day..RChttps://www.blogger.com/profile/06761422707141778205noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157366520719059142006-09-04T13:42:00.000+03:002006-09-04T13:42:00.000+03:00I think the CBK will be forced by international ac...I think the CBK will be forced by international accords/agreements to increase the minimum capital to KES500 Million by 2007.<BR/><BR/>I think most of the banks will manage but some may have it tough.<BR/><BR/>I am surprised at the delay in Giro's case! Let SBI take them over asap. It can only benefit the customers coz of competition!<BR/><BR/>I expect ICICI & SBI to do well coz they have experience with "small" depositors in a tough environment!coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157364645983224862006-09-04T13:10:00.000+03:002006-09-04T13:10:00.000+03:00Coldtusker; - ICICI probably still awaiting reagul...Coldtusker; <BR/><BR/>- ICICI probably still awaiting reagulatory approvals as are Family Finance and Giro (for SBIndia takeover) <BR/>- Stanbic local MD has said that they are looking at NBK, but I think govt has to deal with bad debt issue first<BR/>- KCB I think they are staying put<BR/>- Equity is first growing and with huge low-income customer accounts numbers, they brag about having something like 1/6 of all Kenyan bank accounts<BR/>- Snmall banks are staying put as they are mostly profitable and the owners are not going to sell unless induced. Minimum capital previuoly set for banks were rolled back in 2003 - & where bank were required to have 600m by 2006 it's still 250m <BR/>- TransCentury was interested in HFCK, who were at one time pursuing a merger with Development Bank of Kenya - which was turned down <BR/>pilots - I think also other exisitng aircraft were factored in <BR/><BR/><BR/><BR/><BR/>Kibet: Thanks. KCB branch network mobilised deposits of 66 billion only half of which has been lent out.bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157362207528796032006-09-04T12:30:00.000+03:002006-09-04T12:30:00.000+03:00Am quite impressed with KCB's asset base. Handsome...Am quite impressed with KCB's asset base. Handsome! Any hint on the source of the info?Orkoiyothttps://www.blogger.com/profile/04302934891363780427noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157360904001293822006-09-04T12:08:00.000+03:002006-09-04T12:08:00.000+03:00Thanx for the summaries of the banks! Any news on ...Thanx for the summaries of the banks! <BR/><BR/>Any news on whether ICICI has opened a local branch?<BR/><BR/>What is Stanbic's position on NBK?<BR/><BR/>Will the government sell additional shares in KCB?<BR/><BR/>For all of Equity's hype, it remains a fraction of Barclays! The mere increase in BBK's assets is greater than many of the banks' total assets!<BR/><BR/>I think many of the smaller banks wll be absorbed over the next 2 years as the CBK cracks down on the wishy-washy ones. Further, the introduction of new minimum capital requirements will force some to find suitors!<BR/><BR/>Is TransCentury still interested in Development Bank of Kenya?coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1157360616812827132006-09-04T12:03:00.000+03:002006-09-04T12:03:00.000+03:00Why would they need 12,000 pilots for only 800 pla...Why would they need 12,000 pilots for only 800 planes? Even if they fly 3 8-hour shifts with 3 pilots for each plane = 7,200 pilots! I think they need more crewmembers coz each plane needs at least 4 cabincrew with additional needed for long flights!coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.com