These Rights Issues are not onerous.

DTBK will be between 12-25%
NIC will be 25%
Stanchart probably 12-15%

I expect all 3 to raise the money easily.

The period given is 18 months so most of the Listed banks should be OK since they can cut back on dividends or raise more cash AFTER the elections.

If we 'count' 18 months, therefore for all practical purposes this includes profits for 2013 as well so retaining dividends for 2012 & 2013 will help the banks.

The smaller banks may have some trouble but they can always go public or look for strategic investors.

[quote=guru267]
www.businessdailyafrica....68/-/j026hg/-/index.html
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CFC Stanbic, Standard Chartered, Family Bank, NIC, DTB, and Oriental Bank intend to do rights issue.

Equity Bank is considering a secondary IPO next year while Co-operative Bank said it had decided to push plans of a rights issue to next year due to a harsh macro-economic environment.

The last time CBK Prudential & Risk Management Guidelines were comprehensively reviewed was in 2006. The comprehensive review they are doing this year was imminent to take care of the many developments in banking industry

KCBs core ratio is at 18.8%.. Hardly any cause for worry!!

HFCK is at 20.42%

A rights issue in 2014 is very welcome.. i wouldnt mind injecting more capital after seeing the value of my investment grow!!