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NBK and two other banks merges
Impunity
#1 Posted : Tuesday, April 12, 2016 9:19:57 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
What would be the name of the merger?
I would still prefer to the "Consolidated Bank" name to be retained, to remind us where we've come from.

Rink
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Ericsson
#2 Posted : Tuesday, April 12, 2016 9:35:41 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%

NBK is listed with private individuals owning abt 30%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#3 Posted : Tuesday, April 12, 2016 9:40:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
For consolidated bank its Deposit Protection Fund and not KDIC
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Impunity
#4 Posted : Tuesday, April 12, 2016 9:49:12 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Ericsson wrote:
Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%

NBK is listed with private individuals owning abt 30%


The private holders in NBK should be forcefully bought at a "better" price and NBK dissolved then we form a bigger bank called Consolidated Bank...any future gaaament bank in trouble will be Consolidated into the Consolidated bank.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

maka
#5 Posted : Tuesday, April 12, 2016 10:06:24 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
Ericsson wrote:
Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%

NBK is listed with private individuals owning abt 30%


The private holders in NBK should be forcefully bought at a "better" price and NBK dissolved then we form a bigger bank called Consolidated Bank...any future gaaament bank in trouble will be Consolidated into the Consolidated bank.


National Consolidated....
possunt quia posse videntur
mlennyma
#6 Posted : Tuesday, April 12, 2016 10:08:13 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This makes the national bank shareholder more hopeful than they are currently
"Don't let the fear of losing be greater than the excitement of winning."
Impunity
#7 Posted : Tuesday, April 12, 2016 10:20:46 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
maka wrote:
Impunity wrote:
Ericsson wrote:
Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%

NBK is listed with private individuals owning abt 30%


The private holders in NBK should be forcefully bought at a "better" price and NBK dissolved then we form a bigger bank called Consolidated Bank...any future gaaament bank in trouble will be Consolidated into the Consolidated bank.


National Consolidated....


No.

"Consolidated" is enough!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

whiteowl
#8 Posted : Tuesday, April 12, 2016 12:20:51 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
What would happen if Kurwitu and Home Africa were merged?
bartum
#9 Posted : Tuesday, April 12, 2016 12:46:47 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
maka wrote:
Impunity wrote:
Ericsson wrote:
Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%

NBK is listed with private individuals owning abt 30%


The private holders in NBK should be forcefully bought at a "better" price and NBK dissolved then we form a bigger bank called Consolidated Bank...any future gaaament bank in trouble will be Consolidated into the Consolidated bank.


National Consolidated....

National consolidated bank NCB
Ericsson
#10 Posted : Tuesday, April 12, 2016 1:34:10 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
National Development Consolidated Bank
NDCB
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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