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FUTURE OF EQUITY BANK
Sufficiently Philanga....thropic
#11 Posted : Wednesday, September 26, 2012 11:35:14 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Cde Monomotapa wrote:
Sufficiently Philanga....thropic wrote:
McReggae wrote:
Aha, so this is young farmer's 1st post!!!...ok!!!

JM must have hired a PR guy to push member's agenda here in wazua,never mind the grammarsmile

Ndederu!

My ribs are achingLaughing out loudly Ati what's that place called again?smile
@SufficientlyP
mzalendomoja
#12 Posted : Wednesday, September 26, 2012 2:42:10 PM
Rank: New-farer

Joined: 7/17/2012
Posts: 14
You never know, Young farmer could be an insider of some sort.
Kausha
#13 Posted : Wednesday, September 26, 2012 3:37:11 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Only place money being made is South Sudan, Uganda - the story and financials published in Uganda tell something else. Don't get us started on Tanzania where it looks more of a circus in town. Rwanda is too small to deliver dividends of 1bob to each EBL shareholder.

Nigeria is not a bush, Equity would be tier 3 in Nigeria. South Africa is above it's league. Equity should be going to Ethopia and possibly Zambia next.
maka
#14 Posted : Wednesday, September 26, 2012 3:53:35 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
young farmer wrote:
Equity bank has has opened a new flagship branches in east and central Africa and these branches have proven to be doing good. Now it's focus is how tap Nigeria and South Africa market....this make me believe that,if you have some hard earned money this where to put itfor good return. can't wait next year divided 3 shillings lmao all way to the bank.

...as kausha said nigeria sahau,SA sahau kabisa their big banks akina Standard,Absa,Firstrand and Nedbank are just to enormous they,l b huko chini fighting with the fingerlings but who knows they might kam up with a banking model that might make them hack in this countries.
possunt quia posse videntur
Kausha
#15 Posted : Wednesday, September 26, 2012 4:16:53 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
It's been proven, Equity 'angukiad' in Kenya. They understood the retail risk levels better. But who was the competition in retail really? A bankrupt KCB & NBK or Big brother remote controlled Stanchart and BBK. Not to take credit, they had to work for it, however the model has not worked in Uganda and looks unlikely to work in Tz. With all due respect, may be it's time Daktari left the seen and let new ideas come through especially for the rest of the markets.
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