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Jamii Bora Bank targets Sh270m in second rights issue
Querry
#1 Posted : Wednesday, June 15, 2011 8:37:06 AM
Rank: Member


Joined: 1/22/2011
Posts: 193
Location: nairobi
VituVingiSana
#2 Posted : Wednesday, June 15, 2011 10:45:43 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
Not sure if I would buy but the Rights Info Memorandum would be an interesting read...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
selah
#3 Posted : Wednesday, June 15, 2011 10:56:12 AM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I had once visited its city centre branch it was so disorganized i didn't get a chance to talk to the customer care.

I think their greatest weakness is professionalism they lack professionals who can direct the company's strategies to fruition take for instance their sister company that is engaged in mortgages getting info on the same is just hard work another thing is managing their assets they need to shed their Microfinance mentality they are now a bank that serve SMEs loans which in most cases were risky need to be reevaluated failure to check their risks will make this bank go back to its deposit taking micro-finance status.
'......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
njokishk
#4 Posted : Wednesday, June 15, 2011 11:21:01 AM
Rank: New-farer


Joined: 6/13/2011
Posts: 63
Location: njokishk
I visited Koinange Branch, it's hell the hall is small and very disorganized, they have only one computer for customer care, you try to enquire information from those ladies in the customer but seems to be quite confused each gives her version of story. I think the bank need to to hire aggressive and qualified staff
Mainat
#5 Posted : Wednesday, June 15, 2011 11:39:33 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Very strange bank. Been to their offices countless times (even when they were doing the previous rights in November) and spoken to some the senior guys, but you can't an application form.
No wonder the RIs keep on flopping.

The Board has very experienced bankers like Kibby, but they are clearly too busy elsewhere.
Sehemu ndio nyumba
Genghis Khan
#6 Posted : Wednesday, June 15, 2011 4:22:19 PM
Rank: Member


Joined: 8/5/2010
Posts: 335
Location: Nairobi
http://jamiiborabank.com/

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mukoya
#7 Posted : Wednesday, November 23, 2011 1:03:06 PM
Rank: Member


Joined: 2/3/2007
Posts: 43
Jamii Bora shares
talk to me wazuans is this share worth buying? or should i avoid it like neveready!
gathinga
#8 Posted : Wednesday, November 23, 2011 1:16:56 PM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
In the first place is it on sale?
Mainat
#9 Posted : Wednesday, November 23, 2011 1:44:02 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Mukoya-I thought it was doing another rights issue? Is it open to new investors?
Sehemu ndio nyumba
Hunderwear
#10 Posted : Wednesday, November 23, 2011 6:57:32 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
gathinga wrote:
In the first place is it on sale?

http://www.businessdaily...4/-/9nlntyz/-/index.html
Impunity
#11 Posted : Wednesday, November 23, 2011 7:26:56 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Washana naye.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

gesowan
#12 Posted : Wednesday, September 19, 2012 2:49:11 AM
Rank: Member


Joined: 11/6/2010
Posts: 289
Jamii Bora Bank has launched a Rights Issue targeting to raise Sh520 million.

The Rights Issue which will trade through private placement will see Jamii Bora issue 3.7 million new ordinary shares at Sh140 each.
gesowan
#13 Posted : Wednesday, September 19, 2012 2:52:58 AM
Rank: Member


Joined: 11/6/2010
Posts: 289
Genghis Khan wrote:
http://jamiiborabank.com/

UNDER CONSTRUCTION
This website is currently undergoing maintenance
We expect to be back soon
50%

http://jamiiborabank.com/
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