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KCB 2016 Q3 up 18%
Ericsson
#1 Posted : Tuesday, November 08, 2016 4:31:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Profit before tax @ksh.22.944bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#2 Posted : Tuesday, November 08, 2016 9:49:41 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
mulla
#3 Posted : Wednesday, November 09, 2016 6:54:21 AM
Rank: Member


Joined: 6/15/2013
Posts: 301
Pesa Nane wrote:


Net interest income up 27%. Very interesting considering the interest rate caps(or is it too early for that to have an effect yet?)
obiero
#4 Posted : Wednesday, November 09, 2016 7:19:28 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,548
Location: nairobi
mulla wrote:
Pesa Nane wrote:


Net interest income up 27%. Very interesting considering the interest rate caps(or is it too early for that to have an effect yet?)

As smaller banks falter, the big three namely Equity, KCB, COOP will make even larger profits than ever. I only check the liquidity ratio, everything else is noise

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#5 Posted : Wednesday, November 09, 2016 8:50:39 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
mulla wrote:
Pesa Nane wrote:


Net interest income up 27%. Very interesting considering the interest rate caps(or is it too early for that to have an effect yet?)
Too early coz IRC came into effect on 15 Sep [so only 15 days]. Plus many haven't really reduced the rates when one looks at mobile loans. 1Q 2017 will be more indicative.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
watesh
#6 Posted : Wednesday, November 09, 2016 9:22:08 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 977
Location: Kenya
obiero wrote:
mulla wrote:
Pesa Nane wrote:


Net interest income up 27%. Very interesting considering the interest rate caps(or is it too early for that to have an effect yet?)

As smaller banks falter, the big three namely Equity, KCB, COOP will make even larger profits than ever. I only check the liquidity ratio, everything else is noise

The one who can get the cheapest funding source and lend the highest on mobile with low NPLs will come out on top
maka
#7 Posted : Wednesday, November 09, 2016 9:54:33 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
watesh wrote:
obiero wrote:
mulla wrote:
Pesa Nane wrote:


Net interest income up 27%. Very interesting considering the interest rate caps(or is it too early for that to have an effect yet?)

As smaller banks falter, the big three namely Equity, KCB, COOP will make even larger profits than ever. I only check the liquidity ratio, everything else is noise

The one who can get the cheapest funding source and lend the highest on mobile with low NPLs will come out on top


Equity will win that race by a mile...
possunt quia posse videntur
Impunity
#8 Posted : Thursday, November 10, 2016 8:27:39 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Rink?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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