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Equity Bank HY 2012 comes in PBT at 7.62bn 29% growth
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the deal
#11 Posted : Thursday, July 26, 2012 6:40:04 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Great Bank look at the trophy cabinet...Great Stock look at the historical returns
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Cde Monomotapa
#12 Posted : Thursday, July 26, 2012 6:44:54 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Great Bank look at the trophy cabinet...Great Stock look at the historical returns

While you're at it, check on KCB's run from 2002-08/9. Now it is reloaded, watch again.
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  | | Edit by user: Thursday, July 26, 2012 6:50 PM | Reason: Not specified
maka
#13 Posted : Thursday, July 26, 2012 9:41:38 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.
possunt quia posse videntur
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guru267
#14 Posted : Friday, July 27, 2012 12:30:56 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
maka wrote:
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.


They couldn't compete on the profit front... If they had tried to raise provisions they might have announced a profit decline...


Mark 12:29
Deuteronomy 4:16
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Cde Monomotapa
#15 Posted : Friday, July 27, 2012 7:46:04 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
maka wrote:
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.


They couldn't compete on the profit front... If they had tried to raise provisions they might have announced a profit decline...



smile
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mwekez@ji
#16 Posted : Friday, July 27, 2012 9:11:26 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
mwekez@ji wrote:
Someone at the investor briefing should tell Dr. Mwangi to pick from Dr. Martin on the matter of giving a live stream of the announcement for online community.

And a functional Twitter account!


True that. Mwangi and his team have not posted a tweet since last year!
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maka
#17 Posted : Friday, July 27, 2012 3:56:25 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Is it me or the daktari dint look oh so quite pleased its lyk he had constipation...lol@guru...wunt they do a lot of what they did to the bad debt provision at full year?
possunt quia posse videntur
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youcan'tstopusnow
#18 Posted : Thursday, August 02, 2012 7:43:45 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
“On a daily basis we are
moving an average of half a billion through agency banking agents who are now doing 24 per cent of the bank transactions and we are
projecting that the agents will overtake branches in terms of transactions and volume of money,” said James Mwangi, chief executive officer, Equity Bank.
http://www.businessdaily.../-/a8vibfz/-/index.html
GOD BLESS YOUR LIFE
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eco
#19 Posted : Thursday, August 02, 2012 12:20:35 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
youcan'tstopusnow wrote:
“On a daily basis we are
moving an average of half a billion through agency banking agents who are now doing 24 per cent of the bank transactions and we are
projecting that the agents will overtake branches in terms of transactions and volume of money,” said James Mwangi, chief executive officer, Equity Bank.
http://www.businessdaily.../-/a8vibfz/-/index.html


EB's innovation leads the industry. The bank has recently updated its website giving a Regional Outlook! This was after upgrading the ebanking platform to handle more EFTs to any other bank in Kenya.
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innovator
#20 Posted : Thursday, August 23, 2012 12:19:39 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
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WWW
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