Unfortunately that's all keep we hearing about KCB. Huge potential mpaka siku gani?

I have always had an issue with KCB's expansion strategy:

KCB has gone in the old fasion way of acquiring land and putting up building blocks hence the near nil results from foreign branches.

consider the competitors:
1. Equity adopted the acquisition way in Uganda

2. NIC Bank Acquired in Tanzania;

@vitus - You say Bbk to consolidate UG and TZ to benefit the local kenyan investor.

Even as it is, what percentage of BarclaysKenya do Kenyans or local investors own? Does it even reach a quarter?

Barclays Kenyan entity is the most profitable in Africa;
Why would we merge ours with UG and TZ?
Wont that just Increase the retained earnings from profits earned in our market to help bring the two to our level of profitability and you know what that does to the dividend?

As much as they are independent the operations are already merged under ABSA, its only that our entity is more efficient.

Someone has to put the branches. Either you can build your house or buy from a developer... I think KCB decided to build the house pole pole... Hopefully, the cost of building their brand/branches is cheaper than acquisitions...

BTW, Equity also built up the business from scratch in S.Sudan coz no banks to buy there. Unless it can buy a bank on the cheap, it will have to do the same in Rwanda.

As Kenyan (& Nigerian + South African) banks become regional, the 'sellers' in Rwanda, Tanzania, etc are asking for higher prices.

You have to multi-task... look at banks who lagged on adopting cheaper money transfer...

Equity jumped on the bandwagon early with Eaazy & M-Pesa & is now reaping the benefits... also the HUGE number of ATMs made Equity far more flexible vs others...