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Housing Finance Q1 2014 Profit up 13%
mwekez@ji
#11 Posted : Wednesday, April 23, 2014 10:31:10 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
cnn wrote:
mwekez@ji wrote:
Angelica _ann wrote:
@Mweke.. i can see you are a first learner Applause Applause Applause


smile smile smile

Angelica _ann wrote:

What are these non interest income in a mortgage company?


The non interest income in case of Housing Finance is from subsidiary, Kenya Building Society Limited (KBS) ... Incase of Equity Bank, it was from fees and commissions /// Another bank needs to release its results we confirm the hypothesis that non interest incomes will carry the day for banks this year

KCB on 30th April....Aly Khan.

Diarized. ... Scangroup FY13 coming up the same day. Shame on Scangroup!
mwekez@ji
#12 Posted : Wednesday, April 23, 2014 10:36:44 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Angelica _ann,

Housing Finance booked a gain of Sh106 million from sale of more than 100 houses in Nairobi’s Komarock Estate, growing its non-interest income twofold to Sh217.8 million.

http://www.businessdailyafrica....50/-/av9e9t/-/index.html
hisah
#13 Posted : Wednesday, April 23, 2014 11:01:34 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mukiri wrote:
hisah wrote:
NII story continues. The bank that will trip on their NIIs will report a loss.

I'm still not bullish on the banks.

Not even CFC?

CFC is a different ball game coz of the mega corporate finance game.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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