wazua Sat, Nov 30, 2024
Welcome Guest Search | Active Topics | Log In | Register

Britam (Mauritius) - Bramer Bank Shuts Down
Options
Previous Topic · Next Topic
VituVingiSana
#1 Posted : Sunday, April 05, 2015 10:43:53 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,098
Location: Nairobi
Interesting. Britam Mauritius' subsidiary Bramer Bank is closed by regulators.

http://coldtusker.blogsp...am-ea-shareholders.html

Britam EA may not be affected but for association with Rawat.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, April 06, 2015 5:18 PM | Reason: Not specified
Sober
#2 Posted : Sunday, April 05, 2015 11:57:43 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
and Cytonn was pursuing registration in the quasi tax-haven of Mauritius some times last year... there is more than meets the eye here.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
 Report Abusive | Report SPAM
luxel
#3 Posted : Monday, April 06, 2015 10:16:38 PM
Rank: Member


Joined: 7/17/2008
Posts: 152
Bramer Banking Corporation (BBCL)

Birds of a feather flock together!
I know shareholders of Equi........ will hear non of that. But neither did the shareholders of BBCL.
Back to top
 Report Abusive | Report SPAM | Edit by moderator: Tuesday, April 07, 2015 9:57 AM | Reason: topics merged
BGL
#4 Posted : Monday, April 06, 2015 10:37:42 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
#PONZI
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Back to top
 Report Abusive | Report SPAM
Sober
#5 Posted : Tuesday, April 07, 2015 1:43:40 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
And Britam have given a Press statement distancing themselves to Bramer Bank citing that one of Britam's shareholder holding 23.34% stake is related to BAI and not BAI being shareholders of Britam
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
 Report Abusive | Report SPAM
MaichBlack
#6 Posted : Tuesday, April 07, 2015 3:13:10 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
luxel wrote:
Bramer Banking Corporation (BBCL)

Birds of a feather flock together!
I know shareholders of Equi........ will hear non of that. But neither did the shareholders of BBCL.

Of course. This makes a lot of sense!!

Now that Kidero was one of the main Uchumi shareholders, then we can conclude that all Uchumi shareholder (especially the main shareholders) are Kidero - ish!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
luxel
#7 Posted : Tuesday, April 07, 2015 3:39:28 PM
Rank: Member


Joined: 7/17/2008
Posts: 152
MaichBlack wrote:
luxel wrote:
Bramer Banking Corporation (BBCL)

Birds of a feather flock together!
I know shareholders of Equi........ will hear non of that. But neither did the shareholders of BBCL.

Of course. This makes a lot of sense!!

Now that Kidero was one of the main Uchumi shareholders, then we can conclude that all Uchumi shareholder (especially the main shareholders) are Kidero - ish!!!


When analysing a company on such issues you don't bother with wanjiku, just look at the top dogs; their character and friends.
Don't panic.
In any ponzi there are those who exit early and live happily ever after. Ours is still running but be careful with your timings.
Back to top
 Report Abusive | Report SPAM
muganda
#8 Posted : Wednesday, April 08, 2015 3:13:11 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
SAlalaaaa, just saw a Cytonn indicator... Sad


Quote:
Replying Affidavit 11 (b)
The Britam Group acquired a 25% stake in Acorn, which it is currently holding through Bramer Properties LLP


Cental Bank of Mauritus explains the issues of Bramer Bank
They could not get an emergency ~2.57bn KShs to save the situation
Bramer’s 30,000 deposit accounts will be taken over by State Bank of Mauritius
http://news.islandcrisis.net/20...e-issues-of-bramer-bank/
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, April 08, 2015 3:56 PM | Reason: Not specified
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.