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What is coming HY for BBK?
Rank: Member Joined: 2/18/2011 Posts: 448
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Amani254 wrote:mibbz wrote:@Realtreaty i like your positive sentiments but bbk is being flogged by the indigenous banks like co-op,kcb and equity who adapt to local innovations faster than multi nationals do. While there exists positive sentiments on abilities of the new ceo ,bbk have decided to stay on their own lane and hopefully grow business while equity et al are constantly evolving as evidenced by the new mobile money play.With all honesty,where is the value in this brand?Looking ahead what strategy do they have to grow their business lines? I wouldn't be shocked if bbk is one day swallowed by one of the indigenous or African banks looking for a Kenyan foot print.Its synonymous to a mammoth,too big,too slow and not aware extinction is coming. PS: I actually thought they would be rebranding to Absa,don't know what happened Dont write off BBK just yet. It is a big international bank and has diehard customers for whatever reasons. Absa was actually rebranded as Barclays Africa and it is bigger than all Kenyan banks combined. I say Hold. @Amani254 look at H1 BBK and compare it with the indigenous banks,as I said they shall soon start mulling about an exit. Take note Barclays Bank PLC is undergoing a phase of restructuring under Antony Jenkins.It's not yet over
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Rank: Elder Joined: 8/16/2011 Posts: 2,386
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BBK intends to be top three in ranking of kenyan banks. So it could only be under CBK and Equity. Hope to see it rise at the FY to be at 35Kes. Nothing is impossible. To be near/so close to the dart board you never strike what you aim at!
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Realtreaty wrote:BBK intends to be top three in ranking of kenyan banks. So it could only be under CBK and Equity. Hope to see it rise at the FY to be at 35Kes. Nothing is impossible. To be near/so close to the dart board you never strike what you aim at! KCB?????? Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Member Joined: 7/20/2011 Posts: 161 Location: nairobi
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mibbz wrote:Amani254 wrote:mibbz wrote:@Realtreaty i like your positive sentiments but bbk is being flogged by the indigenous banks like co-op,kcb and equity who adapt to local innovations faster than multi nationals do. While there exists positive sentiments on abilities of the new ceo ,bbk have decided to stay on their own lane and hopefully grow business while equity et al are constantly evolving as evidenced by the new mobile money play.With all honesty,where is the value in this brand?Looking ahead what strategy do they have to grow their business lines? I wouldn't be shocked if bbk is one day swallowed by one of the indigenous or African banks looking for a Kenyan foot print.Its synonymous to a mammoth,too big,too slow and not aware extinction is coming. PS: I actually thought they would be rebranding to Absa,don't know what happened Dont write off BBK just yet. It is a big international bank and has diehard customers for whatever reasons. Absa was actually rebranded as Barclays Africa and it is bigger than all Kenyan banks combined. I say Hold. @Amani254 look at H1 BBK and compare it with the indigenous banks,as I said they shall soon start mulling about an exit. Take note Barclays Bank PLC is undergoing a phase of restructuring under Antony Jenkins.It's not yet over that is neither here nor there. Even Airtel is the biggest telecom in India.. Question for BBK is, how fast can they adapt to the new financial playground? Are they are as innovative as indeginous banks? Patience. You cannot have a baby in one month by impregnating nine women....
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Realtreaty wrote:BBK intends to be top three in ranking of kenyan banks. So it could only be under CBK and Equity. Hope to see it rise at the FY to be at 35Kes. Nothing is impossible. To be near/so close to the dart board you never strike what you aim at! @Realtreaty. how is the bus? are you the driver. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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i personally dont know of any of my friends banking at BBK.. kila mtu ako KCB, Equity, NIC or Coop
KQ ABP 4.26
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Another bus stuck for so long. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:i personally dont know of any of my friends banking at BBK.. kila mtu ako KCB, Equity, NIC or Coop Haha @Obiero so where did the Birrion profits come from. Think they've corporate clients. Btw @Obiero you returned to financials in 2014!! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 14,220 Location: nairobi
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Boris Boyka wrote:obiero wrote:i personally dont know of any of my friends banking at BBK.. kila mtu ako KCB, Equity, NIC or Coop Haha @Obiero so where did the Birrion profits come from. Think they've corporate clients. Btw @Obiero you returned to financials in 2014!! the bible says, only a fool does not change his mind.. ideally, the interest rates were meant to come down on the back of KBRR which wld have impacted the profitability of financials sector, but this is Kenya!!
KQ ABP 4.26
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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mlennyma wrote:Another bus stuck for so long. this bus will not be making any headway anytime soon.u just need to pop into any of their branches and pull out a deposit slip ...it requires you to explain stuff like your source of funds, purpose of deposit and indicate lots of personal info. that has ruffled some a/c holders with some of them taking off altogether. short of a rethink in market approach i would say those in this bus might never alight in the near future. The main purpose of the stock market is to make fools of as many people as possible.
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