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Co-operative Bank fate.. discuss
Rank: Elder Joined: 8/16/2011 Posts: 2,389
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obiero wrote:Realtreaty wrote:......and a 25 cents won't be bad for interim. This will corner any bad talk!!! Say that once again for emphasis.. That is on the higher side a 25 cents and a 15 cents Lower side giving us a weighted average of 20 Cents direct
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Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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Realtreaty wrote:obiero wrote:Realtreaty wrote:......and a 25 cents won't be bad for interim. This will corner any bad talk!!! Say that once again for emphasis.. That is on the higher side a 25 cents and a 15 cents Lower side giving us a weighted average of 20 Cents direct Hayo maombi na yamfikie Mola COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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The MD/CEO needs to handover to a person with fresh ideas. That will bring in confidence Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 8/16/2011 Posts: 2,389
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Ericsson wrote:The MD/CEO needs to handover to a person with fresh ideas. That will bring in confidence What fresh Ideas? Can you mention at least 1(one) that you think Muriuki and Muchiri are missing. I tend to think these two land Lords are at the top that even Millennials won't reach. He has coped very well after Mwalimu SACCO went out after buying own Bank from Merali (Equitorial Bank) Half year '16 results will tell a lot this time.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Realtreaty wrote:Ericsson wrote:The MD/CEO needs to handover to a person with fresh ideas. That will bring in confidence What fresh Ideas? Can you mention at least 1(one) that you think Muriuki and Muchiri are missing. I tend to think these two land Lords are at the top that even Millennials won't reach. He has coped very well after Mwalimu SACCO went out after buying own Bank from Merali (Equitorial Bank) Half year '16 results will tell a lot this time. What Africa’s Banking Industry (Coop?) Needs to Do to Survive" Across Africa, banking is being redesigned.
Technology has emerged as a competitive weapon in driving operational excellence and superior service quality.
While the banks compete among themselves, they face existential threats from amalgam of entities, not necessarily possessing bank licenses.
For example, from telecommunication companies to fintech entrepreneurs, African banking fees and commissions are under tremendous pressure.
M-PESA offers services that are dislocating the banking architecture of Kenya, and not even global banking giants have been spared.
African banks, unlike their international counterparts, are more susceptible to disruptions largely because the newer alternatives are always preferable, owing to infrastructural challenges.
Anyone will prefer internet banking to avoid dreaded Nairobi traffic, just as millions of Africans leapfrogged owing computers to buying smartphones.
There is no requirement that non-banked Africans (Kenyans) will first get bank accounts before adopting digital wallets as ecosystems converge making it possible for people to buy and sell without a bank.
African banks must reinvent themselves to be part of the new banking sector".Link: What Africa's Banking Industry Needs To Survive
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Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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Reports emerge that Coop owes the government over KES 200,000,000 and has consistently not honored its repayment over the years.. Bad news http://www.businessdaily...335530-5li154/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 8/16/2011 Posts: 2,389
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aemathenge wrote:Realtreaty wrote:Ericsson wrote:The MD/CEO needs to handover to a person with fresh ideas. That will bring in confidence What fresh Ideas? Can you mention at least 1(one) that you think Muriuki and Muchiri are missing. I tend to think these two land Lords are at the top that even Millennials won't reach. He has coped very well after Mwalimu SACCO went out after buying own Bank from Merali (Equitorial Bank) Half year '16 results will tell a lot this time. What Africa’s Banking Industry (Coop?) Needs to Do to Survive" Across Africa, banking is being redesigned.
Technology has emerged as a competitive weapon in driving operational excellence and superior service quality.
While the banks compete among themselves, they face existential threats from amalgam of entities, not necessarily possessing bank licenses.
For example, from telecommunication companies to fintech entrepreneurs, African banking fees and commissions are under tremendous pressure.
M-PESA offers services that are dislocating the banking architecture of Kenya, and not even global banking giants have been spared.
African banks, unlike their international counterparts, are more susceptible to disruptions largely because the newer alternatives are always preferable, owing to infrastructural challenges.
Anyone will prefer internet banking to avoid dreaded Nairobi traffic, just as millions of Africans leapfrogged owing computers to buying smartphones.
There is no requirement that non-banked Africans (Kenyans) will first get bank accounts before adopting digital wallets as ecosystems converge making it possible for people to buy and sell without a bank.
African banks must reinvent themselves to be part of the new banking sector".Link: What Africa's Banking Industry Needs To Survive Congrats, those are points home!!!!! You scored a distinction in that simple discussion.
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Rank: Elder Joined: 8/16/2011 Posts: 2,389
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[quote=obiero]Reports emerge that Coop owes the government over KES 200,000,000 and has consistently not honored its repayment over the years.. Bad news http://www.businessdaily...35530-5li154/index.html[/quote]  Yet another mid havoc wrecking story. What did Coop get from the govt or insurance after the 1998 Bombing of US embassy that affected its building? Was this the money they never got from Insurance may be paid through the CBK? Why has the Govt been quiet yet it is doing good business with Co-op Bank? We need Muriuki and Muchiri here to set records straight!!!
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Realtreaty wrote:[quote=obiero]Reports emerge that Coop owes the government over KES 200,000,000 and has consistently not honored its repayment over the years.. Bad news http://www.businessdaily...35530-5li154/index.html[/quote]  Yet another mid havoc wrecking story. What did Coop get from the govt or insurance after the 1998 Bombing of US embassy that affected its building? Was this the money they never got from Insurance may be paid through the CBK? Why has the Govt been quiet yet it is doing good business with Co-op Bank? We need Muriuki and Muchiri here to set records straight!!! I think I and Ericsson are the only people who are have a thirst for fresh blood in this bank. There is so much underneath the carpet
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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enyands wrote:Realtreaty wrote:[quote=obiero]Reports emerge that Coop owes the government over KES 200,000,000 and has consistently not honored its repayment over the years.. Bad news http://www.businessdaily...35530-5li154/index.html[/quote]  Yet another mid havoc wrecking story. What did Coop get from the govt or insurance after the 1998 Bombing of US embassy that affected its building? Was this the money they never got from Insurance may be paid through the CBK? Why has the Govt been quiet yet it is doing good business with Co-op Bank? We need Muriuki and Muchiri here to set records straight!!! I think I and Ericsson are the only people who are have a thirst for fresh blood in this bank. There is so much underneath the carpet Are you a shareholder? Life is short. Live passionately.
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