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Family Bank is the Sh30 Price Tag Justifiable?
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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the deal wrote:Was this not the bank hawking around loans for the Britak IPO? So?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Cde Monomotapa wrote:the deal wrote:Was this not the bank hawking around loans for the Britak IPO? So? So i remember TC, then Btak now FB birds of the same feathers...... why the hurry to come into the market now? kwanini sasa
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Jamani wrote:Cde Monomotapa wrote:the deal wrote:Was this not the bank hawking around loans for the Britak IPO? So? So i remember TC, then Btak now FB birds of the same feathers...... why the hurry to come into the market now? kwanini sasa We need to understand that banks are mostly interested in ones ability to pay/pay-slips. That's why personal loans especially to employees is such a big hit! 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Family Bank found an oppurtunity to grow its loan book (core business) by lending to interested parties. Same way Equity did with Safcom IPO & KCB Rwanda did with the Brailwa & Bank De Kigali IPO's. 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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The only risk the banks face is default when the employees are fired or the businesses of the biz pple they lent fold. THEN they'll have direct exposure to the shares/security. That's normal banking business, ain't it?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Cde Monomotapa wrote:Jamani wrote:Cde Monomotapa wrote:the deal wrote:Was this not the bank hawking around loans for the Britak IPO? So? So i remember TC, then Btak now FB birds of the same feathers...... why the hurry to come into the market now? kwanini sasa We need to understand that banks are mostly interested in ones ability to pay/pay-slips. That's why personal loans especially to employees is such a big hit!  That understood, am talking in terms of their IPO, kwanini sasa? why cant they wait?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:Jamani wrote:Cde Monomotapa wrote:the deal wrote:Was this not the bank hawking around loans for the Britak IPO? So? So i remember TC, then Btak now FB birds of the same feathers...... why the hurry to come into the market now? kwanini sasa We need to understand that banks are mostly interested in ones ability to pay/pay-slips. That's why personal loans especially to employees is such a big hit!  LoL @Cde clearly when analysing situations you only look on one side...SWOT Analysis...i think you should quit business and focus on politics...look man when a bank is giving out a loan there has to be some security in this case the security are the Britank shares...so in case he/she is not able to pay FB will be forced to sell the Britank shares at a loss...thats where terms like impairement and NPL's come in...LOL...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@deal. Cde Monomotapa wrote:The only risk the banks face is default when the employees are fired or the businesses of the biz pple they lent fold. THEN they'll have direct exposure to the shares/security. That's normal banking business, ain't it?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@Jamani it'll be a listing via introduction like TC & Equity. Why & what about the timing...no clue but as per the consensus here 30 bob is also too pricey for me.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Cde Monomotapa wrote:@deal. Cde Monomotapa wrote:The only risk the banks face is default when the employees are fired or the businesses of the biz pple they lent fold. THEN they'll have direct exposure to the shares/security. That's normal banking business, ain't it? Hehehe I know that aulready but you don't lend ad lib do you? Some analysis need to be done..in the case of Britak they didnt proper analysis...i think you are confusing secured and unsecured loans!
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Family Bank is the Sh30 Price Tag Justifiable?
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