Impunity wrote:winmak wrote:So, is there any safe bank? These tier 3s are treading on shaky ground...
Na tier 2 ni kina banks gani?
Always here of tier 1 (KCB, Equity, Barclays, Stanchart,Coop etc) and tier 3 (Baroda, India,Chase,Dubai,Imperial etc)
WHO ARE THE TIER 2 NIGGAHS?
And what about tier 4s (Faulu,Krep,KWFT,Uwezo,Jamii etc)?
Tier 2 include I&M , DTB and either CBA or CFC (one of the 2 is tier 1)..and Family I think. ! NIC and EcoBank too.
either way of the above I think I&M DTB and CFC are Sound Banks.
DTB clearly being a bank from the Aga Khan Dynasty you cannot expect expect anything but reliability. It has good reach and being smaller than the tier 1 banks give you a more private feel. I&m is good too, family business of course but has a lot of outside involvement to even think of being dodgy. CFC well is connected to it's senior in SA should be okay (and the 7% on savings a/c is decent).. NIC and Eco are good.. haven't dealt directly so can't say much. But I guess banks that are well spread and have outside shareholding tend to be okay...CBA well..
Family might be tricky considering recent issues of mismanagement.
But then again don't take my word.. In Kenya you wake up to surprises everyday.
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam