Our local banks should be very worried as this power houses come calling.The cash most of our banks have been making using syndicated loans might be at risk once these highly capitalized institutions set base in the country.
I foresee a very competitive banking sector that will force mergers and acquisition,coupled with the CBK deadline for 1billion core capital requirement which is just some few months away,this does not make it easy for some banks.
http://www.businessdaily...46/-/to6581/-/index.html'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3