tag:blogger.com,1999:blog-9317825.post4918542817696795931..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Kenya Bank Rankings for 2007bankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-9317825.post-26113149636155285482008-04-30T08:00:00.000+03:002008-04-30T08:00:00.000+03:00Hey, just a quick clarification on my comment abov...Hey, just a quick clarification on my comment above...<BR/>I meant to say our currency appears to be strenghtening yet it is actually stabilising after the effects of the post-election violence. It was doing very well right before January but depreciated drastically from January and is now recovering as major currencies depreciate!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-39979079941322169822008-04-30T07:25:00.000+03:002008-04-30T07:25:00.000+03:00Refering to the question one, I think there is a m...Refering to the question one, I think there is a misconception that our currency is strengthening based on the weakening of the US dollar. If you check it's value against other currencies such as that of the Britons you'll find that it is actually losing ground. This is, I believe, especially because of the rapid increase in the inflation rate, occassion by the unfortunate post-election violence, to record highs of the lower 20's. You can check on that from the National Bureau of Statistics webpage http://www.knbs.go.ke/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-90377633142676830832008-04-04T21:03:00.000+03:002008-04-04T21:03:00.000+03:00Have a couple of questions 1. inflation is rising ...Have a couple of questions <BR/>1. inflation is rising and currency is strengthening. aint that abnormal<BR/>2. kenya is not an island. food prices are risisng worldwide and govt of kenya is sitting on its hands.<BR/>3. with currency rising will the horticulture industry start moving to supply local markets is it time for large scale agric ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-34299669140432510612008-04-04T17:39:00.000+03:002008-04-04T17:39:00.000+03:00Is BBK having liquidity problems? yaani they canno...Is BBK having liquidity problems? yaani they cannot even lend out some loans for Safcom IPO? Someone please shed some light.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-44546258727144717462008-04-04T17:06:00.000+03:002008-04-04T17:06:00.000+03:00Banks - Helios got into Equity on the basis they d...Banks - Helios got into Equity on the basis they do not interfere.<BR/><BR/>Only 4 of the top 12 are not public excluding Stanbic which will merge with CFC Bank.<BR/><BR/>Co-op will go public in 2008-9.<BR/>CBA is a kenyatta bank. It has grown by leaps & bounds.<BR/>I&M Bank - no idea but say 2-3 years?<BR/>Citibank (K) is unlikely to go public UNLESS the parent wants to pull some cash from the business.coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-40961854679562139132008-04-04T15:38:00.000+03:002008-04-04T15:38:00.000+03:00inspectordanger: They just missed the top 5 - Equi...inspectordanger: They just missed the top 5 - Equity deposits are 31.5b (7th) and loans 21.9b (6th) <BR/><BR/>Coldtusker: Helios very quiet, but they dont take part in the 2007 dividends <BR/><BR/>Anon: Dubai bank were late. They published today 4th April <BR/><BR/>MainaT: How much of I&M does City Trust own? I'll put up effeciency tables next<BR/><BR/>Anon: please link CFC-Stanbic approvalbankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-90418428551188100392008-04-04T13:16:00.000+03:002008-04-04T13:16:00.000+03:00CFC-Stanbic Merger has been approved by the SA res...CFC-Stanbic Merger has been approved by the SA reserve bank...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-36332346974277733822008-04-03T22:26:00.000+03:002008-04-03T22:26:00.000+03:00I wonder when I&M will do their IPO?Equity has a c...I wonder when I&M will do their IPO?<BR/>Equity has a cost/income ratio that is almost as good as if not better than the most effecient of these large banks. <BR/>More importantly, Equity has many customers (2m+) which equate to large transaction volumes. In Kenya banking, transactions=commissions.MainaThttps://www.blogger.com/profile/12266497232119983697noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-54405915224947381262008-04-03T20:34:00.000+03:002008-04-03T20:34:00.000+03:00what happened to Dubai bank?what happened to Dubai bank?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-18189833748274939342008-04-03T20:20:00.000+03:002008-04-03T20:20:00.000+03:00Equity recently got a huge infusion of capital (11...Equity recently got a huge infusion of capital (11bn) which automatically boosts them above several banks in assets.<BR/><BR/>They can then lend those funds out.<BR/><BR/>Yes, they make lots of profits on non-interest income. Also their interest rates (WAIR) are higher than most banks thus they make more on less.coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-51547008524860530532008-04-03T16:36:00.000+03:002008-04-03T16:36:00.000+03:00Interesting. Equity bank is in top five in terms o...Interesting. Equity bank is in top five in terms of assets and profit before tax. Conspicuously it is, missing in the top five in terms of loan and deposit which makes sense. The question is, what is generating for them the profits that makes them the 4th in terms of profit making? Could it be commission?Unknownhttps://www.blogger.com/profile/03285332992788921986noreply@blogger.com