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Family Bank?
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muganda
#51 Posted : Thursday, November 24, 2016 4:04:09 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Bravery is Family Bank posting q3 2016 Tragedy on their site http://familybank.co.ke/wp-cont...cial-Results-Q3-2016.pdf Low-lights: - loans and advances back to FY 2015 level - amount in government securities shrank 23% - owing due to CBK 2.27bn; other borrowed funds up 3bn - customer deposits down 15% - loan loss provisions up five-fold - gross non-performing loans doubled - loans to directors/shareholders/associates up 61%
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enyands
#52 Posted : Thursday, November 24, 2016 4:14:49 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
muganda wrote:
Bravery is Family Bank posting q3 2016 Tragedy on their site http://familybank.co.ke/wp-cont...cial-Results-Q3-2016.pdf Low-lights: - loans and advances back to FY 2015 level - amount in government securities shrank 23% - owing due to CBK 2.27bn; other borrowed funds up 3bn - customer deposits down 15% - loan loss provisions up five-fold - gross non-performing loans doubled - loans to directors/shareholders/associates up 61%
Seems Kenyans don't want to be associated with alleged banks associated in laundering of money.this is a good thing and I like it
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alma1
#53 Posted : Thursday, November 24, 2016 4:32:41 PM
Rank: Elder

Joined: 9/19/2015
Posts: 2,871
Location: hapo
muganda wrote:
Bravery is Family Bank posting q3 2016 Tragedy on their site http://familybank.co.ke/wp-cont...cial-Results-Q3-2016.pdf Low-lights: - loans and advances back to FY 2015 level - amount in government securities shrank 23% - owing due to CBK 2.27bn; other borrowed funds up 3bn - customer deposits down 15% - loan loss provisions up five-fold - gross non-performing loans doubled - loans to directors/shareholders/associates up 61%
Njunge tuko pamoja na wewe kuhusu banki hii ya familia.
Thieves are not good people. Tumeelewana?
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MadDoc
#54 Posted : Thursday, November 24, 2016 5:01:01 PM
Rank: Member

Joined: 10/26/2015
Posts: 151
muganda wrote:
q3 2016 Tragedy: http://www.capitalfm.co.ke/busi...-to-post-sh1-4bn-profit/
BullshitLiar
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muandiwambeu
#55 Posted : Friday, November 25, 2016 4:54:03 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
MadDoc wrote:
[quote=muganda]q3 2016 Tragedy: http://www.capitalfm.co.ke/busi...-to-post-sh1-4bn-profit/
BullshitLiar [/quote why many kenyans are poor despite being hardworking. #1. Atleast 10%(3 out of 30yrs) of their actie productive time is stolen effort that does not benefit them. Critic with facts. There goes the bullshit again;--
,Behold, a sower went forth to sow;....
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Impunity
#56 Posted : Friday, November 25, 2016 8:50:42 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
MadDoc wrote:
muganda wrote:
q3 2016 Tragedy: http://www.capitalfm.co.ke/busi...-to-post-sh1-4bn-profit/
BullshitLiar
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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MadDoc
#57 Posted : Friday, November 25, 2016 9:15:23 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
muandiwambeu wrote:
MadDoc wrote:
[quote=muganda]q3 2016 Tragedy: http://www.capitalfm.co.ke/busi...-to-post-sh1-4bn-profit/
BullshitLiar [/quote why many kenyans are poor despite being hardworking. #1. Atleast 10%(3 out of 30yrs) of their actie productive time is stolen effort that does not benefit them. Critic with facts. There goes the bullshit again;--
It's just basic common sense. Why aren't other institutions affected as much? 46% reduction???? Even Barclays didn't fall that farfar. furthermore, the interest cap was enforced barely 2 months ago.
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obiero
#58 Posted : Wednesday, March 29, 2017 10:09:43 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
MadDoc wrote:
muandiwambeu wrote:
MadDoc wrote:
[quote=muganda]q3 2016 Tragedy: http://www.capitalfm.co.ke/busi...-to-post-sh1-4bn-profit/
BullshitLiar [/quote why many kenyans are poor despite being hardworking. #1. Atleast 10%(3 out of 30yrs) of their actie productive time is stolen effort that does not benefit them. Critic with facts. There goes the bullshit again;--
It's just basic common sense. Why aren't other institutions affected as much? 46% reduction???? Even Barclays didn't fall that farfar. furthermore, the interest cap was enforced barely 2 months ago.
Net profit for full year down 82%
COOP, IMH, KEGN, KQ, MTNU
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Coolbull
#59 Posted : Wednesday, March 29, 2017 10:30:35 PM
Rank: Member

Joined: 10/23/2007
Posts: 604
Blame it on Kabura and Waiguru manenos. Most account holders took off with their cash.
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Wakanyugi
#60 Posted : Thursday, March 30, 2017 8:51:51 AM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
muganda wrote:
Bravery is Family Bank posting q3 2016 Tragedy on their site http://familybank.co.ke/wp-cont...cial-Results-Q3-2016.pdf Low-lights: - loans and advances back to FY 2015 level - amount in government securities shrank 23% - owing due to CBK 2.27bn; other borrowed funds up 3bn - customer deposits down 15% - loan loss provisions up five-fold - gross non-performing loans doubled - loans to directors/shareholders/associates up 61%
This looks like a clear candidate for takeover
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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