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Chase Bank loss...another case of cooking the books?
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#621 Posted : Monday, June 20, 2016 6:37:08 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ericsson wrote:
@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



@Ericsson nielezee how CRB works. Ninaandwa na HELB vibaya sana.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Ericsson
#622 Posted : Tuesday, June 21, 2016 10:32:02 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
If you default in a loan;the creditor forwards your details to credit reference bureau.
Once it's there the information then circulates to other potential creditors will know you have defaulted in a loan and therefore a bad debtor.
When you go them to request for credit they will either put stringent terms or reject your application till you clear with CRB.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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phytovydetox
#623 Posted : Friday, June 24, 2016 6:43:18 PM
Rank: Hello

Joined: 6/24/2016
Posts: 2
The American-based organization believes martial arts is incredibly important to building self-respect and respect for others. The emphasis on respect results in an environment free of heckling and name calling, jeff lipton permanent value.
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Ethiteri
#624 Posted : Friday, June 24, 2016 6:57:00 PM
Rank: Member

Joined: 2/4/2016
Posts: 175
Location: Global
phytovydetox wrote:
The American-based organization believes martial arts is incredibly important to building self-respect and respect for others. The emphasis on respect results in an environment free of heckling and name calling, jeff lipton permanent value.



?????
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KulaRaha
#625 Posted : Thursday, August 18, 2016 1:02:19 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.
Business opportunities are like buses,there's always another one coming
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Obi 1 Kanobi
#626 Posted : Thursday, August 18, 2016 1:55:01 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
KulaRaha wrote:
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.

I think this is more PR, nobody is touching this institution unless its sold, rebranded and the board reformed
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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KulaRaha
#627 Posted : Thursday, August 18, 2016 2:08:31 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Obi 1 Kanobi wrote:
KulaRaha wrote:
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.

I think this is more PR, nobody is touching this institution unless its sold, rebranded and the board reformed


However CBK reports Chase opened a few thousand new accounts, putting a few thousand new customers at direct risk. Does CBK know what its doing? Or do they want the disaster to get bigger?
Business opportunities are like buses,there's always another one coming
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washiku
#628 Posted : Monday, September 05, 2016 12:47:43 PM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095

A forensic audit on the operations of Chase Bank before it was put under receivership will be out today, The Standard has learnt. KPMG South Africa is expected to hand over the audit report to Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC).
Read more at: http://www.standardmedia...chase-bank-audit-report





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KulaRaha
#629 Posted : Monday, September 05, 2016 1:19:46 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
IN an environment where yields and costs are prescribed, who will buy this bank?
Business opportunities are like buses,there's always another one coming
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alotoftalk
#630 Posted : Tuesday, September 06, 2016 1:54:38 AM
Rank: Member

Joined: 8/27/2015
Posts: 138
Location: Harare
This report should be made public so that everyone can see where the skeletons in our banking system are hidden.
Investment philosophy development in progress...
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77 Pages«<6162636465>»
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