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NBK FY 2013 results profit after tax up 51%
muganda
#1 Posted : Wednesday, March 26, 2014 9:38:06 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
cyruskulei
#2 Posted : Wednesday, March 26, 2014 9:53:18 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
@muganda, please put the link
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

muganda
#3 Posted : Wednesday, March 26, 2014 10:36:52 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
cyruskulei wrote:
@muganda, please put the link


There you go http://ge.tt/3PmMUgT1/v/0

SterlingCapitalLtd @SterlingNairobi
• Loan impairments down 60% to 288mn vs 726mn due to improved risk management
• NBK PAT is at 1.1bn, other comprehensive income up 143% to 1.78bn
muganda
#4 Posted : Wednesday, March 26, 2014 10:38:58 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
On a related note, is there a trend afoot in financial sector with non-performing loans. I noticed in the I&M result that they said everyone is facing problems with construction industry loans.

And Sunil Sanger @Sang252 has begun an interesting campaign - the Banks (dis)honour roll:
+ Net NPLs in KES mn after provisions - KCB 10266, Equity 4312, Coop 3059, HF 2497, NIC 1929, BBK 665, DTB 19
+ Percent increase in net NPLs in 2013 - Equity 351%, NIC 184%, Stanbic 179%, HF 46%, KCB 30%, BBK 8%, Coop 6%, DTB -73%
+ Net NPLs to customer loans - HF 7.1%, KCB 4.5%, Equity 2.5%, NIC 2.3%, Coop 2.2%, Stanbic 1.2%, BBK 0.6%, DTB 0.02%

Care to update the dishonour roll for I&M, NBK, SCBK...

mwekez@ji
#5 Posted : Wednesday, March 26, 2014 10:58:42 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cool. Its become a bank. Taking customer deposits and doing commercial lending. Rights issue sasa ndio inahitajika
mwekez@ji
#6 Posted : Wednesday, March 26, 2014 11:00:55 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
EPS 2.32. Can do the maths on where the rights price should be ….
ecstacy
#7 Posted : Wednesday, March 26, 2014 11:05:04 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Well done NBK.
Goldilocks Reloaded
#8 Posted : Wednesday, March 26, 2014 11:06:17 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
mwekez@ji wrote:
EPS 2.32. Can do the maths on where the rights price should be ….



@mwekez@ji please fafanua zaidi
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
dunkang
#9 Posted : Wednesday, March 26, 2014 11:16:09 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mwekez@ji wrote:
EPS 2.32. Can do the maths on where the rights price should be ….

40-50/-
Receive with simplicity everything that happens to you.” ― Rashi

mwekez@ji
#10 Posted : Wednesday, March 26, 2014 11:18:29 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
dunkang wrote:
mwekez@ji wrote:
EPS 2.32. Can do the maths on where the rights price should be ….

40-50/-


Laughing out loudly Laughing out loudly Laughing out loudly
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