Wazua
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problems with deposit protection fund
Rank: New-farer Joined: 4/29/2011 Posts: 21 Location: kenya
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hello wazuans i had a problem with getting a divident cheque from central bank im being tossed from one office to another any ideas on how i can get my divident cheque wil be appreciated thanks
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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BAHALI YAKE wrote:hello wazuans i had a problem with getting a divident cheque from central bank im being tossed from one office to another any ideas on how i can get my divident cheque wil be appreciated thanks The only shareholder Central Bank has is GoK/Treasury so did they send you to collect the chq? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 4/29/2011 Posts: 21 Location: kenya
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no they said it wil be deposited directly but it hasnt arrived a month later
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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BAHALI YAKE wrote:no they said it wil be deposited directly but it hasnt arrived a month later Are you talking of interest payments? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 5/28/2011 Posts: 27
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also a bit confused... cbk pays dividends? or did you buy the 30 year bond and getting refunded?
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Also the subject header is "Deposit Protection Fund"... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Bahali yake is collecting dividends from the liquidators/receivers of the banks that went down. If you had a deposit in such a bank above 100k you have to wait and every once in a while after recovery of assets you collect a dividend cheque. If that's the case Bahali, just go look for the liquidator of your bank and make some noise
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Wazua
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problems with deposit protection fund
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