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KCB and NBK material announcement
Ericsson
#221 Posted : Friday, October 04, 2019 9:36:12 AM
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Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
@sparkly
perform the final rites this topic to be closed
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#222 Posted : Thursday, October 17, 2019 1:53:19 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
National Bank of Kenya has announced the new board of directors following the completion of the takeover process by KCB Group.

The new directors are; Mr John Nyerere who will be the chairman of the board, Engineer Stanley Kamau, Mr Jones Nzomo, Ms Linnet Mirehane, Gen,(Rtd)Dr Julius Karangi, Mr Paul Russo, and Mr Joshua Oigara. The Bank will be lead by Mr Paul Russo who was appointed as Managing Director shortly after the acquisition.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#223 Posted : Thursday, October 17, 2019 3:19:15 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,127
Location: nairobi
Lift the rate cap we see kcb at 100 a piece
"Don't let the fear of losing be greater than the excitement of winning."
watesh
#224 Posted : Thursday, October 17, 2019 3:41:38 PM
Rank: Member


Joined: 8/10/2014
Posts: 891
Location: Kenya
mlennyma wrote:
Lift the rate cap we see kcb at 100 a piece

The buying spree party was good when it lasted.
VituVingiSana
#225 Posted : Friday, March 12, 2021 2:16:58 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,667
Location: Nairobi
Good news for NBK/KCB https://www.businessdail...er-sh3-7bn-loan-3319958 TSS land to be auctioned
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ebenyo
#226 Posted : Friday, March 12, 2021 8:24:08 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,992
Location: Kitale
VituVingiSana wrote:
Good news for NBK/KCB https://www.businessdail...er-sh3-7bn-loan-3319958 TSS land to be auctioned





The NPLs that came with NBK is drastically coming down.
Towards the goal of financial freedom
Ericsson
#227 Posted : Friday, April 23, 2021 8:47:50 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://www.businessdail...work-in-progress-3373128
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#228 Posted : Friday, April 23, 2021 1:51:14 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,127
Location: nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128


we want to see the value in Kcb share
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#229 Posted : Sunday, April 25, 2021 11:26:59 AM
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Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
mlennyma wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128


we want to see the value in Kcb share

It shall come through.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#230 Posted : Monday, April 26, 2021 11:09:15 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,992
Location: Kitale
Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128




NBK made a profit of kshs 177,731,000 for the FY 2020 from a loss of kshs 336,990,000 for the FY 2019.
So it's doing well and the management is vindicated for making the acquisition.
Towards the goal of financial freedom
Ericsson
#231 Posted : Monday, November 22, 2021 10:38:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://twitter.com/Mwan...687420240044033/photo/1

Delisting of National Bank of Kenya Limited from the Nairobi Securities exchange with effect from November 25 2021.The de-listing follows the succesful takeover of 100% shareholding of NBK by KCB and NBK shareholders approval.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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