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BBK FY 2018 final dividend 0.90 net profit up 7%
Horton
#11 Posted : Sunday, March 17, 2019 12:54:43 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
obiero wrote:
Ericsson wrote:
Ericsson wrote:
Realtreaty wrote:
This is way better and hope ABSA Kenya will re-think its customers to be fully inclusive with the death of colonial parents.
I can see in future a merge with HSBC as China grows in Africa.


HSBC is a UK bank

I guess you are talking about an acquisition of ABSA by HSBC.
Barclays might make a comeback when they see prospects have improved.Barclays PLC still own a 15% stake in ABSA africa

HSBC is Hong Kong Shanghai Banking Corporation


True but their headquartered in London so apart from the name, they are very british
VituVingiSana
#12 Posted : Sunday, March 17, 2019 2:19:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
Ericsson wrote:
Ericsson wrote:
Realtreaty wrote:
This is way better and hope ABSA Kenya will re-think its customers to be fully inclusive with the death of colonial parents.
I can see in future a merge with HSBC as China grows in Africa.


HSBC is a UK bank

I guess you are talking about an acquisition of ABSA by HSBC.
Barclays might make a comeback when they see prospects have improved.Barclays PLC still own a 15% stake in ABSA africa

HSBC is Hong Kong Shanghai Banking Corporation

"HSBC Holdings plc is a British[6] multinational banking and financial services holding company."
"...its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991"
https://en.wikipedia.org/wiki/HSBC
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Superprime1
#13 Posted : Tuesday, March 19, 2019 2:57:43 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
What the heck is that thing going round about Sh17bn fake currency at BBK? Eh? Eh?
muandiwambeu
#14 Posted : Tuesday, March 19, 2019 8:26:00 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Superprime1 wrote:
What the heck is that thing going round about Sh17bn fake currency at BBK? Eh? Eh?


https://youtu.be/_h5eLTgZ5R0
What do you call that. Bombshell. Either way, someone gonna swelter seriously over this.
Pray Pray Pray Pray
,Behold, a sower went forth to sow;....
Pesa Nane
#15 Posted : Wednesday, March 20, 2019 12:01:53 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
muandiwambeu wrote:
Superprime1 wrote:
What the heck is that thing going round about Sh17bn fake currency at BBK? Eh? Eh?


https://youtu.be/_h5eLTgZ5R0
What do you call that. Bombshell. Either way, someone gonna swelter seriously over this.
Pray Pray Pray Pray


Stupid reporting. How can "USD 20 million" be "about Ksh. 17 Billion"? Unbelievable!
Pesa Nane plans to be shilingi when he grows up.
rwitre
#16 Posted : Wednesday, March 20, 2019 10:56:15 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
muandiwambeu wrote:
Superprime1 wrote:
What the heck is that thing going round about Sh17bn fake currency at BBK? Eh? Eh?


https://youtu.be/_h5eLTgZ5R0
What do you call that. Bombshell. Either way, someone gonna swelter seriously over this.
Pray Pray Pray Pray


Heads should roll here. We can't have such amounts of fake currency getting into circulation.
Ericsson
#17 Posted : Wednesday, March 20, 2019 1:08:54 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
rwitre wrote:
muandiwambeu wrote:
Superprime1 wrote:
What the heck is that thing going round about Sh17bn fake currency at BBK? Eh? Eh?


https://youtu.be/_h5eLTgZ5R0
What do you call that. Bombshell. Either way, someone gonna swelter seriously over this.
Pray Pray Pray Pray


Heads should roll here. We can't have such amounts of fake currency getting into circulation.


Nothing will happen
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#18 Posted : Friday, March 22, 2019 12:06:19 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
BBK is trying to recover 585mn https://www.businessdail...036418-t4870t/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Monk
#19 Posted : Friday, March 22, 2019 8:51:53 AM
Rank: Member

Joined: 7/1/2009
Posts: 272
[quote=VituVingiSana]BBK is trying to recover 585mn https://www.businessdail...36418-t4870t/index.html[/quote]

Debt recovery woes...and people still wonder why banks are sidestepping the SME sector in the current rate cap regime.
heri
#20 Posted : Saturday, March 23, 2019 11:46:33 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Today I had to visit several banks to carry out some transactions

1) Coop bank at Tmall - virtually empty. No time spent in a queue
2)National Bank kenyatta avenue-similarly no queue at all
3)CBA near city Hall - same story. Zero time on the queue
4)Barclays Queens way - all seats taken up and its quite a big banking hall. Spent quite some time in the queue

Was left wondering. Does it mean BBK is still a popular bank?

I had this notion that people deserted banks like BBK.

Or is it just the branch location?



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