This is one great article the style of writing and research made me feel like I was reading NY Times.

Key highlights
1.that lenders have to do more on the quality of their loan books and any other costs that can be done away with to maintain profitability.

2. as part of adjustments to the law, cost-to-income ratio should not exceed 40 per cent in order to stay positive operationally.(NIC is at 38%)

3. A tenth of all loans issued by banks are not being paid and the gross bad loans now stands at a record Sh228 billion against gross loans of Sh2.3 trillion.

4.lenders should not shy away from the market but instead ensure they get good borrowers. “Because lending business is no longer margin-driven, they need to volumise business through a product-focused approach to lending. (Race to the bottom)

5. “Additionally, price is no longer a competitive factor and lending is now a battle of the good customer. Banks now have to either look for these customers out there or create them.”(Race to the bottom)

6.We still remain in a Darwinian moment when the fittest of Tier Ones and Twos will survive. By appreciating a positioning for the Future the Winners will win big.”

7.As expected, on cost of funds, Tier 2 banks have benefited the most from the introduction of interest rates controls – the spread between highest and lowest rates on deposits has contracted from 4.18 percentage points to 3.40 percentage points in the first quarter of 2017.

Here we are http://www.businessdaily...9230-geckqhz/index.html[/quote]
Since late 1800 Graham's law has never been found false. NSE index approaches 3,200 on a multi month rally http://www.businessdaily...21646-ywcses/index.html[/quote]
Quote verbatim in today's daily "Government lending up.The CBK data also shows that while private sector credit growth has fallen, banks have significantly increased their lending to government.
Credit to government grew 7.1 per cent on an annualised basis at the end of March, recovering from negative growth in the second half of 2016.
Credit to other public sector borrowers such as parastatals and local (county) government units grew by 28.3 per cent in the period." Full link http://www.businessdaily...993596-jvq3rx/index.html

Here we are http://www.businessdaily...9230-geckqhz/index.html[/quote]
Since late 1800 Graham's law has never been found false. NSE index approaches 3,200 on a multi month rally http://www.businessdaily...21646-ywcses/index.html[/quote]
Quote verbatim in today's daily "Government lending up.The CBK data also shows that while private sector credit growth has fallen, banks have significantly increased their lending to government.
Credit to government grew 7.1 per cent on an annualised basis at the end of March, recovering from negative growth in the second half of 2016.
Credit to other public sector borrowers such as parastatals and local (county) government units grew by 28.3 per cent in the period." Full link http://www.businessdaily...93596-jvq3rx/index.html[/quote]

Obiero replies to Obiero who replied to Obiero who replied to Obiero who replied to Obiero who replied to Obiero who replied to ...guess who? You guessed it! .... Obiero!

Baba hii mambo ya rate cap it seems you are enjoying a monologue.

The making of a Greek tragedy. Private sector recession versus public sector big appetite. It never ends well but still early days.

SIdian CEO to exit
http://www.businessdaily...96744-q0gtb4z/index.html