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How to tell NSE has bottomed out
obiero
#3741 Posted : Monday, July 01, 2013 10:53:36 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
mwekez@ji wrote:
obiero wrote:
mwekez@ji wrote:
mwekez@ji wrote:
mwekez@ji wrote:
cnn wrote:
obiero wrote:
mwekez@ji wrote:
Cde Monomotapa wrote:
BloombergNews Africa ‏@BNAfrica 4h

CfC Stanbic of #Kenya cuts base lending rate to 13.5% vs 16%

???


This becomes the lowest rate in the market ATM #Interesting

wapi link.. that rate seems unbelievable!!!

They have an ad in today's Nation.


... also check twitter handle @BNAfrica


@Obiero, why unbelievable¿ ... before interest rate madness set in at Q4 2011, banks were lending at this cfc rate


... interest rates are getting back to home ;-)

unbelievable based on other banks which are still at 16-17%


check this from Stachart albeit its an offer





http://www.standardchartered.co...O:NA-D:130623-I:10000079

Banks need to reinvent.. Even Faulu Kenya is now a competitor!

KQ ABP 4.26
symbols
#3742 Posted : Tuesday, July 02, 2013 6:28:55 AM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
hisah
#3743 Posted : Tuesday, July 02, 2013 7:18:19 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Falling tbill rates, falling lending rates, falling NSE, falling CBR... Stark divergence... What a setup smile Though those bank NPL spikes need to be checked, but GDP expansion should cushion that bump.

Please mr market continue with your discounts mood for as long as it takes.Pray
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#3744 Posted : Tuesday, July 02, 2013 10:02:28 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121


Laughing out loudly Laughing out loudly Laughing out loudly nice joke. i trust thats what that article was meant to be Laughing out loudly Laughing out loudly Laughing out loudly

... read the following for serious economic indicators and note Q1 2013 recorded highest first quarter growth since 2009 indicating robust growth ahead >>> http://www.knbs.or.ke/pdf/1QGDP2013.pdf
mwekez@ji
#3745 Posted : Tuesday, July 02, 2013 10:04:05 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
Falling tbill rates, falling lending rates, falling NSE, falling CBR... Stark divergence... What a setup smile Though those bank NPL spikes need to be checked, but GDP expansion should cushion that bump.

Please mr market continue with your discounts mood for as long as it takes.Pray

mwekez@ji
#3746 Posted : Tuesday, July 02, 2013 11:51:14 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
CfC Stanbic rate cut signals fall in cost of bank loans

CfC Stanbic Bank has cut its minimum cost of loans to 13.5 per cent, signalling a possibility that other lenders could reduce their lending rates in line with the falling Treasury bill rates.

The reduction puts CfC Stanbic’s lending rate at the same level it was in September 2011, before the banking sector regulator tightened its monetary policy stance to stabilise the currency and tame inflation.

The average cost of lending shot up from an average of about 14 per cent to highs of 25 per cent and has only eased slowly in the past 21 months to the current average level of about 18 per cent.

http://www.businessdailyafrica....04/-/2lf3ls/-/index.html
the deal
#3747 Posted : Tuesday, July 02, 2013 4:20:08 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Powerful move by CFC Stanbic...13.5%...even me I'm tempted LOL...bwtn the slash is a strong bullish signal....Full Service Bank!!!
VituVingiSana
#3748 Posted : Tuesday, July 02, 2013 4:28:49 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
the deal wrote:
Powerful move by CFC Stanbic...13.5%...even me I'm tempted LOL...bwtn the slash is a strong bullish signal....Full Service Bank!!!
Until you try to get a loan from them. They find it hard to lend. At any rate.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#3749 Posted : Tuesday, July 02, 2013 5:55:17 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Powerful move by CFC Stanbic...13.5%...even me I'm tempted LOL...bwtn the slash is a strong bullish signal....Full Service Bank!!!


That rate is strictly for Sanlam, Liberty etc!
Mark 12:29
Deuteronomy 4:16
the deal
#3750 Posted : Tuesday, July 02, 2013 8:27:41 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
the deal wrote:
Powerful move by CFC Stanbic...13.5%...even me I'm tempted LOL...bwtn the slash is a strong bullish signal....Full Service Bank!!!


That rate is strictly for Sanlam, Liberty etc!

Lets appreciate the banks efforts in making credit more affordable btwn did you equire and you were told you cant get 13.5% or you are just assuming?
569 Pages«<373374375376377>»
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