Standard Chartered Kenya Q3 2011 results out - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Standard Chartered Kenya Q3 2011 results out

Standard Chartered Kenya Q3 2011 results out

Options

Previous Topic · Next Topic

muganda		#1 Posted : Wednesday, November 23, 2011 5:15:38 PM
Rank: Elder Joined: 9/15/2006 Posts: 3,906		Nondescript announcement by SCBK Q3 showing profits 11% down. Pretax now at 5.49b Net interest income up 16% Non Funded income up 7% Operating Expenses up 12.7% led by Staff Costs, Other OPEX, and loan provisions Since loans and advances to customers are up 70% y-o-y and customer deposits up a fair 20% y-o-y, I must wonder aloud... What happened to the most efficient bank in KE?
Back to top		Report Abusive \| Report SPAM
User Profile

Impunity		#2 Posted : Wednesday, November 23, 2011 7:24:55 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada		muganda wrote: Nondescript announcement by SCBK Q3 showing profits 11% down. Pretax now at 5.49b Net interest income up 16% Non Funded income up 7% Operating Expenses up 12.7% led by Staff Costs, Other OPEX, and loan provisions Since loans and advances to customers are up 70% y-o-y and customer deposits up a fair 20% y-o-y, I must wonder aloud... What happened to the most efficient bank in KE? Chicken have come home to roost! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		Report Abusive \| Report SPAM
User Profile

xxxxx		#3 Posted : Thursday, November 24, 2011 8:06:07 AM
Rank: Member Joined: 3/20/2008 Posts: 503		muganda wrote: Nondescript announcement by SCBK Q3 showing profits 11% down. Pretax now at 5.49b Net interest income up 16% Non Funded income up 7% Operating Expenses up 12.7% led by Staff Costs, Other OPEX, and loan provisions Since loans and advances to customers are up 70% y-o-y and customer deposits up a fair 20% y-o-y, I must wonder aloud... What happened to the most efficient bank in KE? Usually, their positive results are accompanied by a nicely worded cover letter signed by Nancy Oginde kwani with dividends etc. I suppose they don't have the decency to put this in the papers.RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
Back to top		Report Abusive \| Report SPAM
User Profile

FUNKY		#4 Posted : Thursday, November 24, 2011 8:17:37 AM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Their results were down due to losses from bond trading.
Back to top		Report Abusive \| Report SPAM
User Profile

the deal		#5 Posted : Thursday, November 24, 2011 1:10:16 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		NEW BLOG POST: Standard Chartered Bank Kenya Year on Year Profits Drop, Balance Sheet Deteriorates More on this link http://www.contrarianinv...-sheet-deteriorates.html
Back to top		Report Abusive \| Report SPAM
User Profile

Users browsing this topic
Guest

Wazua » Investor » Stocks » Standard Chartered Kenya Q3 2011 results out

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Email this topic
Print this topic
RSS Feed

Normal
Threaded