Wazua
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Equity Bank FY 2018 net profit up 5%
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Equity is taking a cautious approach to business which is good. Towards the goal of financial freedom
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Rank: Member Joined: 3/20/2008 Posts: 503
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FUNKY wrote:since last few years they have maintained their dividend to 2/-...they need to raise to ignite a spark.. Regarding results it's a complete shocker they should have posted better It shouldn't be a shocker given the run rate as @Obiero observed. But also the piling up of govt paper as opposed to lending isn't so bad given the uncertain environment
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! 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: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! @Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko. Towards the goal of financial freedom
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Ebenyo wrote:Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! @Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko. Igathe might be the next CEO for this bank Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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cyruskulei wrote:Ebenyo wrote:Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! @Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko. Igathe might be the next CEO for this bank That was already known and predicted here the moment he was appointed Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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cyruskulei wrote:Ebenyo wrote:Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! @Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko. Igathe might be the next CEO for this bank Isn't Igathe the MD for the Kenya operation? King James heads the overall group now.
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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cyruskulei wrote:Ebenyo wrote:Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! @Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko. Igathe might be the next CEO for this bank Igathe has been let to head the Kenyan subsidiary. From what I see, I think James is grooming Mary Wamae to take over after his final contract is over. She is currently group director overseeing subsidiaries after being a long-serving director of strategy and also appears to be second in command.
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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FUNKY wrote:since last few years they have maintained their dividend to 2/-...they need to raise to ignite a spark.. Regarding results it's a complete shocker they should have posted better Equity could need the funds to fund the new and growing businesses eg DRC. I prefer firms pay low dividends to Rights Issues. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Angelica _ann wrote:Ebenyo wrote: Equity is taking a cautious approach to business which is good. Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!! GoK doesn't default on T-Bonds. Yet.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Equity Bank FY 2018 net profit up 5%
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