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Law Capping interest rates
obiero
#1741 Posted : Friday, January 20, 2017 9:41:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,256
Location: nairobi
obiero wrote:
obiero wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
muandiwambeu wrote:
[quote=Ebenyo][quote=obiero]I told you guys to sell off bank stocks in 2014. Luckily made it out of some major holdings in good time..


but a big percent of your portfolio is still in banks!

so, what do you expect to be a fair hair cut on obieros portfolio as a result of kamwanaas house attempt to please Wanjiku. what will be the overall industries' hit in percentage. my fair guess from my lender's perspective
(16-14.5)/(16*0.5)*100=18.75% conservetively
thieves.

COOP & HF will come out strongest in this.. Too little meat to be bitten out from the two. Plus HF has never been strong on deposits being only licensed to have current accounts a few months ago!! HF will have the least interest expense of all listed lenders

Hey @Obiero. Bill not signed. And please note I did not put the word 'yet' at the end.

Its bound to be signed on Monday 29th Aug 2016


The bankers will visit statehouse with big brown envelop and this story will be forgotten.

Smaller banks will fold

Here we are...
Family fires it's staff https://citizentv.co.ke/...fs-to-cut-costs-143841/
and then Sidian lays off 108 workers http://www.businessdaily...9550-3428588-151f209z/,
then Ecobank collapses 9 branches http://www.businessdaily...6506-316lohz/index.html
First Community Bank let go of a quarter of its staff http://www.the-star.co.k...osed-number-of_c1451638
And now BoA closes 12 branches. Sad state of affairs http://www.businessdaily...92926-jp394sz/index.html

muandiwambeu
#1742 Posted : Saturday, January 21, 2017 2:39:45 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
muandiwambeu wrote:
obiero wrote:
maka wrote:
obiero wrote:
obiero wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
muandiwambeu wrote:
[quote=Ebenyo][quote=obiero]I told you guys to sell off bank stocks in 2014. Luckily made it out of some major holdings in good time..


but a big percent of your portfolio is still in banks!

so, what do you expect to be a fair hair cut on obieros portfolio as a result of kamwanaas house attempt to please Wanjiku. what will be the overall industries' hit in percentage. my fair guess from my lender's perspective
(16-14.5)/(16*0.5)*100=18.75% conservetively
thieves.

COOP & HF will come out strongest in this.. Too little meat to be bitten out from the two. Plus HF has never been strong on deposits being only licensed to have current accounts a few months ago!! HF will have the least interest expense of all listed lenders

Hey @Obiero. Bill not signed. And please note I did not put the word 'yet' at the end.

Its bound to be signed on Monday 29th Aug 2016


The bankers will visit statehouse with big brown envelop and this story will be forgotten.

Smaller banks will fold

Here we are... Family & Sidian, then Ecobank collapses 9 branches http://www.businessdaily...6506-316lohz/index.html[/quote]
And now BoA closes 12 branches. Sad state of affairs http://www.businessdaily...2926-jp394sz/index.html[/quote]

Na bado...

Mola awe nasi

Mola usaidia mwenye kujisaidia. Kwa hao wengine maisha naiwe ngumu kama steel balls, sio mimi nasema mabenki yamekaa kindete na mapeso yao.
Eti loan siku hizi requirements nikama hapa chini
1. Credit worthnes history of your great grand father and mother
2. DNA clearance certificate that your gene has not been thogothaniad(adulterated)
3. You have more money than you personally require.
4. You are under 50yrs and of clean insurable health status
.
.
.
.
.
.
Endless list
Then lastly
By exemption.
I foresee no rebounce anywhere near before the big fishes eat all small fishes and rawats to extinction. Pesa ndio hakuna. Ng'ooooooo ng'oSad Sad Sad

@muandiwambeu all is not lost, now is the best time to get select stocks

To hell with the race,there are better things to ride than cars and shares. Pray Pray Pray Pray
So, what do I buy with? My hands or you will afford me some kamchango @obiero.d'oh! d'oh! d'oh! d'oh!
This bear run has not had its fill. And will be about for a well. Better know that, a bull is unsustainable with the prevailing cash drought. Selling Tom to Buy Dick and then selling Dick to buy Harry is purely fundamental driven and tactical. Shorting in otherwords will only fuel further capitulation. Sad Sad
Welcome President Donald Trump. We love you so much. We come in masses to thank you for your election. And now that you made it, lend me and Obiero, brother Millie some dollars, tutalipa polepolePray Pray Pray Pray Pray Pray Pray . we are very enterprising and good at the art of dealing too.
,Behold, a sower went forth to sow;....
obiero
#1743 Posted : Saturday, January 21, 2017 8:28:50 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,256
Location: nairobi
Smaller Kenyan banks are at Lord's mercy, which gratefully is always sufficient

obiero
#1744 Posted : Sunday, January 22, 2017 7:41:30 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,256
Location: nairobi
obiero wrote:
Smaller Kenyan banks are at Lord's mercy, which gratefully is always sufficient

http://www.businessdaily...2926-157a5bfz/index.html

Rankaz13
#1745 Posted : Monday, January 23, 2017 12:03:02 PM
Rank: Elder

Joined: 5/21/2013
Posts: 2,841
Location: Here
Banks in fresh trouble as new Bill proposes ban on deposits of public funds
Life is like playing a violin solo in public and learning the instrument as one goes on.
Ericsson
#1746 Posted : Monday, January 23, 2017 12:08:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI


KCB will be the biggest beneficiary according to the report
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Bigchick
#1747 Posted : Monday, January 23, 2017 2:09:20 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.



I hear iko sour grapes hapa after parastatals that had funds in Imperial and Chase refused to bribe someone to avoid bad press and this bill.

I also hear this has been in tge works for sometime and treasury gave up the idea of a STA at CBK because of the reconciliation nightmare.

We wait and see but it may take long and yes banking is getting messier everyday.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Bigchick
#1748 Posted : Monday, January 23, 2017 2:11:32 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.


Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
FRM2011
#1749 Posted : Monday, January 23, 2017 2:20:23 PM
Rank: Elder

Joined: 11/5/2010
Posts: 2,459


Some MPs have just gotten themselves a huge payment in term for campaign. Banks ignored hon. Jude Jomo last year and it turned out to be the most expensive mistake. They won't repeat that mistake. Hon. Ichungwa has just become a very expensive guy to buy.
quicksand
#1750 Posted : Monday, January 23, 2017 4:16:43 PM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
Bigchick wrote:




I hear iko sour grapes hapa after parastatals that had funds in Imperial and Chase refused to bribe someone to avoid bad press and this bill.

I also hear this has been in tge works for sometime and treasury gave up the idea of a STA at CBK because of the reconciliation nightmare.

We wait and see but it may take long and yes banking is getting messier everyday.


Sounds logical (from a protection of public funds point of view -though it will leave some banks in weak positions if all those millions were to flow out), even if the motives on the part of the mover(s) might not be pure
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