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Equity Bank HY 2017
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washiku
#21 Posted : Wednesday, August 23, 2017 8:08:27 PM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Flo-ology wrote:
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



Suddenly Equity is abandoning the segment that created them...The segment that made them overcome the then big boys...Will this give an opportunity for another 'Equity' to sprout?
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Ericsson
#22 Posted : Wednesday, August 23, 2017 8:10:41 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
washiku wrote:
Flo-ology wrote:
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



Suddenly Equity is abandoning the segment that created them...The segment that made them overcome the then big boys...Will this give an opportunity for another 'Equity' to sprout?


It might give them an opportunity to wilt and die
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#23 Posted : Wednesday, August 23, 2017 8:37:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
washiku wrote:
Flo-ology wrote:
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



Suddenly Equity is abandoning the segment that created them...The segment that made them overcome the then big boys...Will this give an opportunity for another 'Equity' to sprout?


It might give them an opportunity to wilt and die

From what I hear Mwangi is a ruthless character.. He will only do what's best for himself and no one else. Trade Bank is a case in point

KQ ABP 4.26
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Ericsson
#24 Posted : Wednesday, August 23, 2017 8:51:00 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
Ericsson wrote:
washiku wrote:
Flo-ology wrote:
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



Suddenly Equity is abandoning the segment that created them...The segment that made them overcome the then big boys...Will this give an opportunity for another 'Equity' to sprout?


It might give them an opportunity to wilt and die

From what I hear Mwangi is a ruthless character.. He will only do what's best for himself and no one else. Trade Bank is a case in point


Finally I have someone who is seeing a similar thing to what I see.Mwangi is driving his own ambitions not the bank's or shareholders.
case in point Equitel whom we have never been told how it's fairing financially.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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winston
#25 Posted : Wednesday, August 23, 2017 9:14:21 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
Mwangi remains the single biggest risk to investing in memba. In management there is a term key-man risk. He has done nothing to handle/contain that. Last time we thot bringing in Kipngetich was yhe solution...wapi! back at square one.

on another note...hata BBK has declarer div...its main rival simba has declared one...Na memba? wacha watu wameze mate!
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Ericsson
#26 Posted : Wednesday, August 23, 2017 9:25:44 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Equity bank has closed 11ATM lobbys
Equity bank had given loans to government employees and salaries were being channelled through the bank.
Apparently the GoSS has withdrawn channelling salaries through the bank. That is according to Equity bank General Manager Operations Addis Ababa Othow
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Horton
#27 Posted : Thursday, August 24, 2017 7:54:06 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
Equity bank has closed 11ATM lobbys
Equity bank had given loans to government employees and salaries were being channelled through the bank.
Apparently the GoSS has withdrawn channelling salaries through the bank. That is according to Equity bank General Manager Operations Addis Ababa Othow


GoSS?
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Ericsson
#28 Posted : Thursday, August 24, 2017 7:58:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
GoSS is Government of South Sudan
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#29 Posted : Thursday, August 24, 2017 8:00:13 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Sell recommendation has been issued to Equity Group PLC.
Hellios are sharp guys
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#30 Posted : Thursday, August 24, 2017 8:01:15 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
Sell recommendation has been issued to Equity Group PLC.
Hellios are sharp guys

Weka link

KQ ABP 4.26
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