obiero wrote:Gatheuzi wrote:@Obiero, I will give a B+. Kudos on banks results forecasts.
When can we expect Qtr1 2015 numbers?
@boris @gatheuzi applause received.. :) qtr 1 results shall be served in good time, there is trouble in most banks whereby deposits are thinning out.. no Greece-like bank runs expected for the majors, but smaller banks may fold up starting with ECB, GTB
ECB has Mwalimu SACCO to back it up. And the deposits may leave Coop for ECB.
GTB has the backing of much larger GTB Nigeria but will they continue taking the losses or close up shop?
I would pick Middle East Bank and Dubai Bank as being in trouble.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett