tag:blogger.com,1999:blog-9317825.post6712685857402828110..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Stanbic apples & orangesbankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-9317825.post-30006154464025864682007-04-28T22:59:00.000+03:002007-04-28T22:59:00.000+03:00I agree woth coldtusker on the fact that renaming ...I agree woth coldtusker on the fact that renaming CFC Stanbik is a complete takeover.. I highly doubt it being a mergerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-6364216106899151152007-04-28T11:03:00.000+03:002007-04-28T11:03:00.000+03:00The CBK website lists Stanbic as part government o...The CBK website lists Stanbic as part government owned. Is this accurate? Is the government going to reduce its stake at the listing we are assuming is in the works?<BR/><BR/>Banks,<BR/>Funniest thing, we had an article titled apples and oranges up at almost the same time as you did.<BR/><BR/>emmo<BR/>kenyaimagine.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-68284527920063505572007-04-28T04:04:00.000+03:002007-04-28T04:04:00.000+03:00CFC will be renamed Stanbic... This is not a merge...CFC will be renamed Stanbic... This is not a merger but a takeover for all practical purposes...<BR/><BR/>So Blue it is!coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-83808673068126722712007-04-27T20:50:00.000+03:002007-04-27T20:50:00.000+03:00MainaT: some days there's more than others. Seems ...MainaT: some days there's more than others. Seems like CFC not there yet, but they have been expanding their broking and insurance operations over the last few years. Maybe some fat still in the system<BR/><BR/>coldtusker: Applanges are what colour? - CFC green or Stanbic Blue or Appleane Yellow (combine primary colours I remember from Art & Craft class!)<BR/> <BR/>kudrinketh: They may have the assets (like CBA) but withouth the branch network of the bigger banks you mentioned, they will still mbe a middle tier corporate bankbankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-81422257291842752912007-04-27T20:06:00.000+03:002007-04-27T20:06:00.000+03:00The merger will make them the 5th largest going by...The merger will make them the 5th largest going by Banks' list,and closing in on Cooperative.<BR/><BR/>I think they have a chance of making a run for the top 3, about time Barclays,Stanchart and KCB faced some serious competition.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-52277203878292909412007-04-27T16:09:00.000+03:002007-04-27T16:09:00.000+03:00After the CFC/Stanbic merger... it seems the 2 wil...After the CFC/Stanbic merger... it seems the 2 will be applanges...<BR/><BR/>Both will be listed, the deposits, assets, etc will be almost the same...<BR/><BR/>And CFC/Stanbic will jump up in the rankings though a far cry from being #1 since Kenya's banking industry is much larger...coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-35518505488273900502007-04-27T16:07:00.000+03:002007-04-27T16:07:00.000+03:00Banks,u r busy fella today ain't ya?Anyway, lookin...Banks,u r busy fella today ain't ya?<BR/><BR/>Anyway, looking at your numbers, CFC shareholders are not getting the returns that CFC's balance sheet should be giving. So hopefully this as well as the bigger bank will what the merger will bring to the table.MainaThttps://www.blogger.com/profile/12266497232119983697noreply@blogger.com