Wazua
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Law Capping interest rates
Rank: Member Joined: 5/21/2014 Posts: 184
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http://www.businessdaily...04056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding. Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Veteran Joined: 7/3/2007 Posts: 1,634
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actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. I think this is a good development. Banks finally doing the work of identifying, and rewarding, good borrowers; rather than just sitting on their backsides and rolling the dice of high risk consumption credit. If they had listened to this counsel years ago we would not have the interest cap maneno today. Now they should do the same for SME's "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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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. On behalf of the brigade we accepted and moved on and recouped our losses in other investments  all the way to the bank. Money never sleeps
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered.
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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got pleasant messages from both kcb and Barclays that my credit limit has been increased.if you have good credit history no need to worry. I supported this bill and still support it punda amecheka
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Rank: Member Joined: 5/21/2014 Posts: 184
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mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. A study wasn't needed to determine the effects of the rate cap law. The simple indicators of job cuts, rising inflation, bank branch closures, depressed real estate uptake, M&As;would be enough proof that shit has hit the fan
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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newfarer wrote:got pleasant messages from both kcb and Barclays that my credit limit has been increased.if you have good credit history no need to worry.
I supported this bill and still support it If you don't have a good credit history then you know the credit crunch is real and deadlyMoney supply growth is at levels of Moi's era, hakuna pesa!!
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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M-Akiba bond was a con. Look at inflation now and the coupon rate of the bond. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Ericsson wrote:M-Akiba bond was a con.
Look at inflation now and the coupon rate of the bond. what is the coupon rate please ?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Taurrus wrote:Ericsson wrote:M-Akiba bond was a con.
Look at inflation now and the coupon rate of the bond. what is the coupon rate please ? 10% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Let me leave this here http://www.businessdaily...12384-qstrd6z/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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actuarywahisa wrote:mkeiy wrote:actuarywahisa wrote:http://www.businessdailyafrica.com/markets/news/Banks-triple-loan-good-borrowers/3815534-3904056-yj57vp/index.html
This is the way to go. Not a blanket overcharging of all clients to cover for the failure of banks to do homework on their customers before on-boarding.
Wacha cartels na brigade ya 'sky-is-falling' wabaki hapo na theories zao. Reduced production, job losses, fewer new cars, minibuses and trucks being registered. The era of alternative facts I see. @actuarywahisa. Did you bother reading the article? What you've highlighted is a LINK!
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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this is one great thing I will remember Uhuru for. punda amecheka
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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Ericsson wrote:Taurrus wrote:Ericsson wrote:M-Akiba bond was a con.
Look at inflation now and the coupon rate of the bond. what is the coupon rate please ? 10% 10% untaxed is almost equal to 12% taxed
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Rank: Member Joined: 12/17/2016 Posts: 225
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newfarer wrote:this is one great thing I will remember Uhuru for. Mee too. It has helped me reduce my current loan overall repayment by about 500k and has seen an increase to amount I can borrow or top up Reflection Eternal
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Flo-ology wrote:newfarer wrote:this is one great thing I will remember Uhuru for. Mee too. It has helped me reduce my current loan overall repayment by about 500k and has seen an increase to amount I can borrow or top up A legacy that shall be in living memory for ages. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Flo-ology wrote:newfarer wrote:this is one great thing I will remember Uhuru for. Mee too. It has helped me reduce my current loan overall repayment by about 500k and has seen an increase to amount I can borrow or top up You must be a man/woman in deep debt.. But Mungu yupo
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 12/17/2016 Posts: 225
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obiero wrote:Flo-ology wrote:newfarer wrote:this is one great thing I will remember Uhuru for. Mee too. It has helped me reduce my current loan overall repayment by about 500k and has seen an increase to amount I can borrow or top up You must be a man/woman in deep debt.. But Mungu yupo Matusi ya nini Obiero, are you purporting that you have never borrowed from a bank? If that is the case then you must be living a lie... Reflection Eternal
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Flo-ology wrote:obiero wrote:Flo-ology wrote:newfarer wrote:this is one great thing I will remember Uhuru for. Mee too. It has helped me reduce my current loan overall repayment by about 500k and has seen an increase to amount I can borrow or top up You must be a man/woman in deep debt.. But Mungu yupo Matusi ya nini Obiero, are you purporting that you have never borrowed from a bank? If that is the case then you must be living a lie... Hehe. Just winding you up. Madeni lazima!
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Law Capping interest rates
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