wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

77 Pages«<6061626364>»
Chase Bank loss...another case of cooking the books?
murchr
#611 Posted : Thursday, June 16, 2016 6:37:15 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
The Great
#612 Posted : Friday, June 17, 2016 10:11:16 AM
Rank: Member

Joined: 9/9/2015
Posts: 233
Ericsson wrote:
Too late in making the announcement.The impact is inconsequential.He should be prosecuted and the stolen wealth sold and given to Uchumi to pay suppliers


Shame on you
Feed the eagles, starve the turkeys. Uchumi is also a turkey
"Buy when there's blood in the streets, even if the blood is your own."
The Great
#613 Posted : Friday, June 17, 2016 10:13:26 AM
Rank: Member

Joined: 9/9/2015
Posts: 233
Na enyewe, the money should be returned to chase.
"Buy when there's blood in the streets, even if the blood is your own."
Ericsson
#614 Posted : Saturday, June 18, 2016 3:39:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
This will finally unlock the key KCB has been searching to get a good hold of the SME business.
As the days go by and with updates being provided most likely KCB will acquire majority stake in it.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KulaRaha
#615 Posted : Saturday, June 18, 2016 6:13:02 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Less than 25% of Chase book is SME, most non-performing. Lets see where this ends up.
Business opportunities are like buses,there's always another one coming
Ebenyo
#616 Posted : Saturday, June 18, 2016 10:33:10 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
KulaRaha wrote:
Less than 25% of Chase book is SME, most non-performing. Lets see where this ends up.

Then the LLP must be high.Kcb under Oigara will turnaround all those NPL to shore up interest income.
Towards the goal of financial freedom
Obi 1 Kanobi
#617 Posted : Monday, June 20, 2016 11:26:36 AM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
Business Daily has to really step up. The headline and page 4 story on Chase Bank is an embarassment to business journalism.

Every CPA Part 1 student knows that you restate prior year numbers when you discover an error that affected the reported figures, do they really know anything they write about?

In contrast, Carol Musyoka's opinion on page 9 is well researched, written and absolutely spot on.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
KulaRaha
#618 Posted : Monday, June 20, 2016 11:32:52 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Ebenyo wrote:
KulaRaha wrote:
Less than 25% of Chase book is SME, most non-performing. Lets see where this ends up.

Then the LLP must be high.Kcb under Oigara will turnaround all those NPL to shore up interest income.


How? If the bulk are unsecured what can KCB do?
Business opportunities are like buses,there's always another one coming
Ericsson
#619 Posted : Monday, June 20, 2016 4:26:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@KulaRaha
Nowadays iko CRB.Try defaulting a loan then your name and details are forwarded there.
To clear your name is a hurdle you wouldn't want a repeat
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#620 Posted : Monday, June 20, 2016 6:01:35 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
KulaRaha wrote:
Ebenyo wrote:
KulaRaha wrote:
Less than 25% of Chase book is SME, most non-performing. Lets see where this ends up.

Then the LLP must be high.Kcb under Oigara will turnaround all those NPL to shore up interest income.


How? If the bulk are unsecured what can KCB do?

Kcb will provide LLP.
Towards the goal of financial freedom
77 Pages«<6061626364>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.