Kenyan operation contributed 92.4% of the group's profits compared to 90% for KCB.
The neighbouring countries seems are a hard nut to crack for Kenyan firms.
Will the regional subsidiaries ever contribute 40% of profits for Kenyan based firms?

KCB started earlier in regional expansion in all regions. KCB south sudan profit is double what Equity south sudan is. Equity has caught up with KCB in Tanzania despite it being 2 years old vs KCB TZ over 7 yrs old.
Kenyans economy and GDP per capita is double the number 2, which is Tanzania. So people in these subsidiaries have less money in their pockets since they earn less. This is then reflected in the businesses. Look at the biggest bank in Tanzania, full year profits are less than what KCB or Equity make in just a quarter....CRDB full year 2014 TZ shilling 95.6bn profit (Ksh4.5bn), 1ksh = Tsh20)
40% is possible but it will take time since Kenya isnt stagnant

@watesh;
A target of between 20-25% for regional subsidiaries to me seems reasonable.
Kenya is growing faster than the other regional countries.
Look at the size of our companies;Safaricom Mkt cap is equal or more than Rwanda budget.
Look at the real estate mkt in Kenya compared to the other countries
Stock market
Infrastructure development
The number of shopping malls coming up;the number of bank branches

[quote=Ericsson]Hellios Investments now completely out of equity Group after the last sale of its block of shares to NSSF Kenya
http://www.businessdaily...2/-/85w0o8/-/index.html[/quote]

So NSSF paid at least 47/- while 6+mn shares traded at 41 today. That's one reason why I don't want to pay NSSF anything but I would rather manage my own savings/pension.

As Warren Buffett says... pay a fair price but do not over-pay.