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Chase Bank loss...another case of cooking the books?
Ericsson
#641 Posted : Wednesday, January 11, 2017 10:29:15 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
2012 wrote:
What's happening with Chase Bank? This matter has gone too silent.

No suitors to buy the bank
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
2012
#642 Posted : Monday, February 27, 2017 5:30:37 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Ericsson wrote:
2012 wrote:
What's happening with Chase Bank? This matter has gone too silent.

No suitors to buy the bank


How safe are our deposits in banks if the Kenya Deposit Insurance Corporation is unable to function because it is not fully nor well constituted?

I hear the Chase saga has stalled because of this whether by design or otherwise. But forget Chase, how safe are our deposits in banks knowing that this is an election year? Can the CS do the necessary urgently!

BBI will solve it
:)
alma1
#643 Posted : Monday, February 27, 2017 5:33:31 PM
Rank: Elder

Joined: 9/19/2015
Posts: 2,871
Location: hapo
2012 wrote:
Ericsson wrote:
2012 wrote:
What's happening with Chase Bank? This matter has gone too silent.

No suitors to buy the bank


How safe are our deposits in banks if the Kenya Deposit Insurance Corporation is unable to function because it is not fully nor well constituted?

I hear the Chase saga has stalled because of this whether by design or otherwise. But forget Chase, how safe are our deposits in banks knowing that this is an election year? Can the CS do the necessary urgently!


Wewe wachana na chase bank. We now get lolipops at the door.Laughing out loudly
Thieves are not good people. Tumeelewana?

maka
#644 Posted : Monday, February 27, 2017 5:45:04 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
2012 wrote:
Ericsson wrote:
2012 wrote:
What's happening with Chase Bank? This matter has gone too silent.

No suitors to buy the bank


How safe are our deposits in banks if the Kenya Deposit Insurance Corporation is unable to function because it is not fully nor well constituted?

I hear the Chase saga has stalled because of this whether by design or otherwise. But forget Chase, how safe are our deposits in banks knowing that this is an election year? Can the CS do the necessary urgently!


As long as you have money in Kenya you can shaft people properly and get away with it...I am sure even the good Governor has realised that by now...
possunt quia posse videntur
Bigchick
#645 Posted : Wednesday, March 29, 2017 11:36:22 AM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Today is 29th March 3017.We have 2 days to go to 31st March the date Chase Bank is to be handed over to the new owners.

I would have expected some flurry of activities by now.Any one with uhondo?

@Maka pick one for me.
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.
KulaRaha
#646 Posted : Thursday, March 30, 2017 3:13:58 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
What exactly does KDIC do, apart from procrastinating?

Business opportunities are like buses,there's always another one coming
maka
#647 Posted : Thursday, March 30, 2017 3:57:54 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Bigchick wrote:
Today is 29th March 3017.We have 2 days to go to 31st March the date Chase Bank is to be handed over to the new owners.

I would have expected some flurry of activities by now.Any one with uhondo?

@Maka pick one for me.


Haya umeona extension...hapo juu
possunt quia posse videntur
Bigchick
#648 Posted : Friday, March 31, 2017 11:35:15 AM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Citizen digital says CBK has invited bids for interested buyers.To submit bids by 21st April.What could have happened to the interested parties from UAE??

What will happen if there arr no takers?
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.
maka
#649 Posted : Friday, March 31, 2017 1:07:25 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Bigchick wrote:
Citizen digital says CBK has invited bids for interested buyers.To submit bids by 21st April.What could have happened to the interested parties from UAE??

What will happen if there arr no takers?


KCB messed up this whole thing bure kabisa....The Qatari's would have owned chase bank by now.
possunt quia posse videntur
2012
#650 Posted : Friday, March 31, 2017 5:22:09 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
maka wrote:
Bigchick wrote:
Citizen digital says CBK has invited bids for interested buyers.To submit bids by 21st April.What could have happened to the interested parties from UAE??

What will happen if there arr no takers?


KCB messed up this whole thing bure kabisa....The Qatari's would have owned chase bank by now.


It's not KCB that messed, they pulled out because the CBK Governor allowed the thieving Chase Directors back on the table instead of sending them to prison and the Finance CS failure to constitute the KDIC. There's more than meets the eye. The defrauded customers have formed a society to take matters under their own hands and ensure that they don't lose out the Kenyan way. I get shocked at how silent the government is on these matters.

BBI will solve it
:)
77 Pages«<6364656667>»
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