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ethiopia a lost cause for kenyan banks. try dr congo
Jangwa la Jangili
#1 Posted : Tuesday, April 22, 2014 10:20:01 AM
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Joined: 10/9/2009
Posts: 311
ethiopia following china model. saturate banking industry with government and local banks then allow foreign banks into a market where they are overwhelmingly outgunned. kenyan banks with sights on ethiopia may be wasting their time. returns will be minimal. DR congo is a hellhole but offers better opportunities in future if it can get its act together. risk-taking muhindis and mzungus are already dancing with the devil and getting a foothold in DRC through rawbank and banque commerciale du congo.


Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
mkonomtupu
#2 Posted : Tuesday, April 22, 2014 2:35:56 PM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
Clearly if we are serious about being the East africa financial capital our banks need to be re-capitalized soonest to be as big as the nigerian banks
accelriskconsult
#3 Posted : Tuesday, April 22, 2014 3:47:33 PM
Rank: Member


Joined: 4/2/2011
Posts: 629
Location: Nai
Jangwa la Jangili wrote:
ethiopia following china model. saturate banking industry with government and local banks then allow foreign banks into a market where they are overwhelmingly outgunned. kenyan banks with sights on ethiopia may be wasting their time. returns will be minimal. DR congo is a hellhole but offers better opportunities in future if it can get its act together. risk-taking muhindis and mzungus are already dancing with the devil and getting a foothold in DRC through rawbank and banque commerciale du congo.





Under capitalised and very profitable - The story of Kenyan banks.

But our model of letting banks fix interest rates and even bank charges cannot be tolerated in most countries
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