CFC Stanbic Financial Services on Tuesday announced a Sh51 million loss for the first six months up to June 30,2009.

What is next for the Bank?

The MD attributes this poor performance to downturn at the NSE.
My worry is:
1. Will be another Nyaga's Stock Brocking?
2.Should i take off before the worst manifests itself?
3.Could this be caused by poor customer service at their branches?
4.Will their technology i.e online services make Cfc ht bak

Wat do u skerians think?



The last of the single breed

I agree with @sober. So far they are the only ones to declare their half year results. Lets wait to hear from the rest to make a proper analysis

Strike while the iron is hot

CFC Fin is not the 1st remember Nic capital did the same some time back and they also made losses as well.But i would attribute the loss other than the obvious slump in thye mkt there is also bad customer service to this firm.and reliance to corporates.

NAMASTE !Don't be unrealistic with your expectations

The deadline for them to publish is 31st august. most will publish on the very day....so hold on there are more shockers to come...

But i wouldnt blame them,the stretch btw the last close to 1.5 years has been a nightmare to many....

Its just me
whatever choice you make in life make sure that you can live with it.