Check out this article in the paper today. It implies that Kenyan banks are excessively greedy and may soon pay for their sins if lobbyists come into the scene. My question is, does this change the long term outlook for bank stocks or should we shareholders ignore this information. The unrealistic profit expectations by the shareholders is cited as one of the reasons the banks have become supersized shylocks. Reading the posts here it seems certain that we always expect profit appreciation in our banks and beyond the billion mark at worst. Any thoughts on this good fellas?

http://www.nation.co.ke/...st/-/yhw2az/-/index.html

profits of over 20-30%p.a should not be taken seriously by wise investors...they are too unrealistic to be maintained in the future..unless you really like the excitement of boom and bust economies and a thin wallet.

As a borrower, what other options do I have?

I have tried a third one under Reports on owner... Try it now, it should work.

I agree totally unless one is no sacco member. I have seen friends suffer after taking these unsecured bank loans!!