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Why is UBA straggling in Kenya
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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chiaroscuro wrote:Three years since inception with a Sh1bn capital base, UBA Kenya Bank is still reporting losses. Now accumulated to Sh513m.
With a loss of Sh102m, H1 2012 is worse than H1 2011 (Sh82m loss).
The parent company, however is a behemoth profit machine: NGN27bn (=Sh15bn) in H1 2012! The strategy and model adopted. Same reason Equity is struggling outside Kenya. Your winning model in one market might not work in another.
BBI will solve it :)
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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I noted that UBA and DUBAI bank share CEO'S i.e Binay Dutta is the ceo of both banks.
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Rank: Member Joined: 4/7/2011 Posts: 105
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mawinder wrote:I noted that UBA and DUBAI bank share CEO'S i.e Binay Dutta is the ceo of both banks.  Ara!
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Why is UBA straggling in Kenya
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