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KCB running Chase Bank (in receivership)
alma1
#121 Posted : Wednesday, April 27, 2016 8:56:54 AM
Rank: Elder

Joined: 9/19/2015
Posts: 2,871
Location: hapo
Impunity wrote:
KulaRaha wrote:
Opening day...wonder what will happen today.


Mad-rush...like Campus Fresher's mad rush!

Bank run likely in small village branches.



What is a bank run a village branch mean?

Of course there shall be long lines at the bank today. People haven't seen their cash for 3 weeks. The clever ones are using mfukoni its working.

If we are talking about it kesho, then its good to go. Today is when most of the money shall be taken out especially by businesses that need to pay their employees and suppliers. That is not unexpected.
Thieves are not good people. Tumeelewana?

Ethiteri
#122 Posted : Wednesday, April 27, 2016 10:25:39 AM
Rank: Member

Joined: 2/4/2016
Posts: 175
Location: Global
alma1 wrote:
Impunity wrote:
KulaRaha wrote:
Opening day...wonder what will happen today.


Mad-rush...like Campus Fresher's mad rush!

Bank run likely in small village branches.



What is a bank run a village branch mean?

Of course there shall be long lines at the bank today. People haven't seen their cash for 3 weeks. The clever ones are using mfukoni its working.

If we are talking about it kesho, then its good to go. Today is when most of the money shall be taken out especially by businesses that need to pay their employees and suppliers. That is not unexpected.



And am sure CBK/KCB had anticipated this and made plans for ensure all small time depositors can get their cash if they need it.I believe that was the reasoning behind the 1M limit.

Meanwhile the Heads that were rumoured to have rolled jana were true.

Director of HR,Director of Operations and Director of Iman Banking.The one who released youth fund to Bruce Odhiambo and company.
Ericsson
#123 Posted : Wednesday, April 27, 2016 10:51:20 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Why is KCB share tanking?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KulaRaha
#124 Posted : Wednesday, April 27, 2016 11:06:32 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Ethiteri wrote:
alma1 wrote:
Impunity wrote:
KulaRaha wrote:
Opening day...wonder what will happen today.


Mad-rush...like Campus Fresher's mad rush!

Bank run likely in small village branches.



What is a bank run a village branch mean?

Of course there shall be long lines at the bank today. People haven't seen their cash for 3 weeks. The clever ones are using mfukoni its working.

If we are talking about it kesho, then its good to go. Today is when most of the money shall be taken out especially by businesses that need to pay their employees and suppliers. That is not unexpected.



And am sure CBK/KCB had anticipated this and made plans for ensure all small time depositors can get their cash if they need it.I believe that was the reasoning behind the 1M limit.

Meanwhile the Heads that were rumoured to have rolled jana were true.

Director of HR,Director of Operations and Director of Iman Banking.The one who released youth fund to Bruce Odhiambo and company.



Deos this mean all those guys were involved in looting the bank? How sad.
Business opportunities are like buses,there's always another one coming
maka
#125 Posted : Wednesday, April 27, 2016 11:11:35 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
Why is KCB share tanking?


Sad Sad
possunt quia posse videntur
Impunity
#126 Posted : Wednesday, April 27, 2016 11:14:25 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
KulaRaha wrote:
Ethiteri wrote:
alma1 wrote:
Impunity wrote:
KulaRaha wrote:
Opening day...wonder what will happen today.


Mad-rush...like Campus Fresher's mad rush!

Bank run likely in small village branches.



What is a bank run a village branch mean?

Of course there shall be long lines at the bank today. People haven't seen their cash for 3 weeks. The clever ones are using mfukoni its working.

If we are talking about it kesho, then its good to go. Today is when most of the money shall be taken out especially by businesses that need to pay their employees and suppliers. That is not unexpected.



And am sure CBK/KCB had anticipated this and made plans for ensure all small time depositors can get their cash if they need it.I believe that was the reasoning behind the 1M limit.

Meanwhile the Heads that were rumoured to have rolled jana were true.

Director of HR,Director of Operations and Director of Iman Banking.The one who released youth fund to Bruce Odhiambo and company.



Deos this mean all those guys were involved in looting the bank? How sad.


Collateral baby!

Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

MaichBlack
#127 Posted : Wednesday, April 27, 2016 2:07:41 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
Swenani wrote:
enyands wrote:
I always admire this opus guy .he is committed to his job. This culture he has I'm sure has something to do with his faith and also where he schooled ofcourse outside kenya. "No bank has ever come out of receivership in kenya since independence. Chase is the first. And he goes to a point of reassuring chase bank employees through twiirrer who have nothing to do with cbk operations ,that he has their back.
Who does that in kenya?? I know this chase will come out stronger than before.

Opus reassures chase employees


Opus dei=Servant leadership

I think we should elect an opus dei as PORK

We should elect THIS Opus Dei as president. Someone convince him please. And many more to pray for Kenyans so that they are liberated from their mental slavery, myopic tribalism and all other isms that affect them!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#128 Posted : Wednesday, April 27, 2016 2:11:56 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
If Dr. Opus Dei was to become the Kenyan president, mikora ya Kenya inaweza ona mbaya!!! And positive change in the country in 10 years would be mind boggling!!!

I would personal fund raise/contribute towards his campaign US style. Plus work as a volunteer in his campaign!!!

Lakini ile ujinga iko Kenya sifikiri inaweza turuhusu!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
KulaRaha
#129 Posted : Wednesday, April 27, 2016 2:51:32 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Meanwhile if Dr. Opus Dei had listened to Chase's plea for liquidity, billions of depositor funds would today be available.

Don't overhype the guy.
Business opportunities are like buses,there's always another one coming
mlennyma
#130 Posted : Wednesday, April 27, 2016 2:56:55 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
If Dr. Opus Dei was to become the Kenyan president, mikora ya Kenya inaweza ona mbaya!!! And positive change in the country in 10 years would be mind boggling!!!

I would personal fund raise/contribute towards his campaign US style. Plus work as a volunteer in his campaign!!!

Lakini ile ujinga iko Kenya sifikiri inaweza turuhusu!

our tribe Sad
"Don't let the fear of losing be greater than the excitement of winning."
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