tag:blogger.com,1999:blog-9317825.post6936666970240267347..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Knocking on bankings' doorbankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-9317825.post-85425399625327555862007-04-16T20:28:00.000+03:002007-04-16T20:28:00.000+03:00Bankelele...wasn't there some rumors that Family F...Bankelele...wasn't there some rumors that Family Finance was goibg to issue an IPO to members after they transformed into a Bank. Thanks.<BR/>Http://swahilijoe.wordpress.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-74712486418344507482007-04-16T20:27:00.000+03:002007-04-16T20:27:00.000+03:00Bankelele...wasn't there some rumors that Family F...Bankelele...wasn't there some rumors that Family Finance was goibg to issue an IPO to members after they transformed into a Bank. Thanks.<BR/>Http://swahilijowe.wordpress.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-52000022364338775152007-04-16T18:25:00.000+03:002007-04-16T18:25:00.000+03:00I agree CFC-Stanbic is one to watch.There is room ...I agree CFC-Stanbic is one to watch.<BR/>There is room for the likes of Family Finance and Mega(maybe)as there are still oppotunities in the low income end of the market.Unknownhttps://www.blogger.com/profile/04787211549009851250noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-68888113065338560682007-04-16T17:35:00.000+03:002007-04-16T17:35:00.000+03:00Nakumatt is not a "bank" by any means... even if t...Nakumatt is not a "bank" by any means... even if they take in (Gross) $1M per day but eventually they have to pay:<BR/><BR/>KRA - Vat & taxes<BR/>Suppliers - Payments<BR/>Employees - Wages<BR/>Landlords - Rents<BR/><BR/>So at MOST they have $30 Million... and these are short-term or rolling funds.<BR/><BR/>Note that most are paid on a rolling basis thus today's cash is used to pay x number of creditors NOT accumulated till the 30th.<BR/><BR/>Otherwise they would be pandemonium at Nakumatt every 15th & 30th!coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-80414939391289761052007-04-16T13:21:00.000+03:002007-04-16T13:21:00.000+03:00This comment has been removed by a blog administrator.Ashok Kizhepathttps://www.blogger.com/profile/07141754405835958340noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-73289810577339858262007-04-16T11:48:00.000+03:002007-04-16T11:48:00.000+03:00Equity has superior IT, management and products.Me...Equity has superior IT, management and products.<BR/>Mega (Mt Kenya) bank-isn't this an idea that is like 30 years too late?<BR/>CFC/Stanbic-my humble opinion is that this merger could be a serious competitor for Stan Chartered position as 2nd most profitable bank in Kenya and the best corporate bank in Kenya.MainaThttps://www.blogger.com/profile/12266497232119983697noreply@blogger.com