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Chase Bank loss...another case of cooking the books?
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Ericsson
#751 Posted : Thursday, January 04, 2018 12:40:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...50364-ws425v/index.html

Money gone for sure
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#752 Posted : Friday, January 05, 2018 12:12:05 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
State Bank of Mauritius (SBM) Completes Chase Bank's purchase of select financial assets & liabilities along with most operating assets & infrastructure (branches, employees, IT etc).
CBK expected to give a statement before the end of today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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shiznit
#753 Posted : Friday, January 05, 2018 1:01:45 PM
Rank: New-farer

Joined: 5/21/2013
Posts: 72
Location: KENYA


Applause Applause Applause
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
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Bigchick
#754 Posted : Friday, January 05, 2018 7:39:14 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
shiznit wrote:


Applause Applause Applause



I don't understand.Someone please break it down 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.
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obiero
#755 Posted : Friday, January 05, 2018 7:55:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
obiero wrote:
Pesa Nane wrote:

The unsecured debt will have to be written off.. But a good development with SBM

This is excellent work by Governor Njoroge

KQ ABP 4.26
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obiero
#756 Posted : Friday, January 05, 2018 7:59:05 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
shiznit wrote:


Applause Applause Applause

Good stuff

KQ ABP 4.26
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Wakanyugi
#757 Posted : Wednesday, January 10, 2018 10:08:25 AM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
Is anyone attending the Chase Bank depositors briefing at Crowne Plaza this morning?

If so can you please post a summary?

Thanks


Asking for friend
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Angelica _ann
#758 Posted : Wednesday, January 10, 2018 10:47:21 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
obiero wrote:
Pesa Nane wrote:

The unsecured debt will have to be written off.. But a good development with SBM

This is excellent work by Governor Njoroge

What Njoroge has done at CBK is amazing. It shows you that previously CBK was in cahoot with the hyenas. Keep it up.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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KulaRaha
#759 Posted : Wednesday, January 10, 2018 12:59:38 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
So what will depositors get back? Say I had 10M there?
Business opportunities are like buses,there's always another one coming
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maka
#760 Posted : Thursday, January 11, 2018 9:01:36 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
murchr wrote:
2012 wrote:
Is anyone in jail yet?


The Kenyan judiciary is the most corrupt institution


Wrong
Judiciary ain't the problem.The problem is the prosecution institution



Both are bogus... This case wont go anywhere... Unless UK intervenes....
possunt quia posse videntur
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