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Equity Bank HY 2017
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular
KQ ABP 4.26
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular This KQ will come up with how many projects, Mawingu, now Safari, next .... In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Angelica _ann wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular This KQ will come up with how many projects, Mawingu, now Safari, next .... Mbinguni 
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Angelica _ann wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular This KQ will come up with how many projects, Mawingu, now Safari, next .... Mbinguni Maombi  Life is short. Live passionately.
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline they have not been flying well with airlines,recalling Jetlink episode
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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sparkly wrote:obiero wrote:Angelica _ann wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular This KQ will come up with how many projects, Mawingu, now Safari, next .... Mbinguni Maombi Project Maombi will come before Mbinguni In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:KulaRaha wrote:13% of the unsecured loan book is bad...until Kenyans learn to repay loans, the credit crunch will continue. True what James Mwangi gave was a sideshow. Things are thick at Equity bank with non-performing loans and shrinking loan book. kq sh.5.2bn RVR 1.7bn Transcentury 3bn Just a few examples of non-performing loans A queer situation indeed. Plus when given an option to cash out the KQ loan, Equity sees it fit to liquidate the national airline Huh? Did KQ offer to pay off the amount owed to Equity Bank? Can KQ also make the same offer to I&M and NIC? Yes. Please read the Project Safari circular Please guide me to the section. The payment [as I understand it was not in cash but in shares which is a poor substitute considering KQ isn't a profitable or cash-flowing firm, like KenolKobil, in the near term. Time value of money. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/17/2016 Posts: 225
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Equity to stop salary based loans/unsecured loans from next year. Mwangi is crazy. I hope he is not attributing this to rate cap http://www.businessdaily...67168-865wa3/index.html
Reflection Eternal
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