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UNAITAS
wazuaguest
#891 Posted : Monday, December 14, 2015 6:26:08 PM
Rank: Member

Joined: 2/9/2012
Posts: 576
Boris Boyka wrote:
In Naivasha along The main highway to Nairobi there's a construction site labelled 'Funded by UNAITAS' it seems a fairly big project in '00 of millions.


The first time they put that advert the NCA came and put very big X marks.They had to redo it.

But why would say family Bnak go telling the whole village they have bought me a cow which i will pay plus interest?
Africa belongs to Africans.
whiteowl
#892 Posted : Monday, December 14, 2015 8:46:57 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
wazuaguest wrote:
Boris Boyka wrote:
In Naivasha along The main highway to Nairobi there's a construction site labelled 'Funded by UNAITAS' it seems a fairly big project in '00 of millions.


The first time they put that advert the NCA came and put very big X marks.They had to redo it.

But why would say family Bnak go telling the whole village they have bought me a cow which i will pay plus interest?


Same reason banks also say they have "given" you a loan which of course you have to pay back with interest.
Othelo
#893 Posted : Wednesday, December 16, 2015 11:31:01 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
whiteowl wrote:
wazuaguest wrote:
Boris Boyka wrote:
In Naivasha along The main highway to Nairobi there's a construction site labelled 'Funded by UNAITAS' it seems a fairly big project in '00 of millions.


The first time they put that advert the NCA came and put very big X marks.They had to redo it.

But why would say family Bnak go telling the whole village they have bought me a cow which i will pay plus interest?


Same reason banks also say they have "given" you a loan which of course you have to pay back with interest.

Kujipigia debe with your sweat ...... but you can negotiate future instruments with the financer having been a 'good - big' client!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
streetwise
#894 Posted : Thursday, December 31, 2015 3:52:03 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Insiders any new developments in terms of conversion to a bank or other strategic move like buying a bank or merging with one ?
enyands
#895 Posted : Thursday, December 31, 2015 5:34:07 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
streetwise wrote:
Insiders any new developments in terms of conversion to a bank or other strategic move like buying a bank or merging with one ?



Last I heard was issuing licenses by cbk was suspended affecting their ambition to be a bank. Next I heard they are funding a project on Nairobi Nakuru highway. And before that they opened a branch in naivasha.@pesanane told me no news is good news . So tugonjee.
jerry
#896 Posted : Thursday, December 31, 2015 7:36:02 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
enyands wrote:
streetwise wrote:
Insiders any new developments in terms of conversion to a bank or other strategic move like buying a bank or merging with one ?



Last I heard was issuing licenses by cbk was suspended affecting their ambition to be a bank. Next I heard they are funding a project on Nairobi Nakuru highway. And before that they opened a branch in naivasha.@pesanane told me no news is good news . So tugonjee.

Tugonjee!! What about Embu branch, when is it coming up?
The opposite of courage is not cowardice, it's conformity.
hobbit
#897 Posted : Friday, January 22, 2016 6:47:40 PM
Rank: New-farer

Joined: 5/25/2011
Posts: 88
jerry wrote:
enyands wrote:
streetwise wrote:
Insiders any new developments in terms of conversion to a bank or other strategic move like buying a bank or merging with one ?



Last I heard was issuing licenses by cbk was suspended affecting their ambition to be a bank. Next I heard they are funding a project on Nairobi Nakuru highway. And before that they opened a branch in naivasha.@pesanane told me no news is good news . So tugonjee.

Tugonjee!! What about Embu branch, when is it coming up?


I heard Embu was aborted. They are having serious liquidity compliance ratios with the current regulator SASRA thus not getting go ahead to open further branches. How do they even get to av guts to cope with CBK regulations??!!! NSE ni vision 2050 for those in this ship.
streetwise
#898 Posted : Friday, January 22, 2016 9:44:28 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Thought this being sacco they should not issues with their ratios more so with so much share holder capital injection
enyands
#899 Posted : Saturday, January 23, 2016 1:25:22 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Or do it like mwalimu sacco who are buying huge shares in Merali existing bank.i know starting from scratch with this suspension of bank registration by cbk is next to impossible. Look for a struggling bank and buy them out then change the name to UNAITAS .
streetwise
#900 Posted : Wednesday, January 27, 2016 3:56:53 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
What will the shareholder get if they convert to the bank. Is it not better to continue eating the 10% dividends ?.
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