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Law Capping interest rates
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KulaRaha
#1501 Posted : Thursday, November 17, 2016 8:36:51 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Cornelius Vanderbilt wrote:
Angelica _ann wrote:
Impunity wrote:
Ericsson wrote:
NIC bank at sh.35.
Banking stocks are recovering from the interest rates cap


That's a fluke. ..real recovery will be seen in Q4,if at all.

You will be left at the stage as all mbuses take off one by one smile


yeah.i think all the bad news has been factored in and recovery is in progress.


“Irrational exuberance” is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the Dot-com bubble of the 1990s. The phrase was interpreted as a warning that the market might be somewhat overvalued.
Business opportunities are like buses,there's always another one coming
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KulaRaha
#1502 Posted : Tuesday, November 22, 2016 10:04:15 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514


Someone pls explain this to me. Its not logical is it?
Business opportunities are like buses,there's always another one coming
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washiku
#1503 Posted : Tuesday, November 22, 2016 10:40:57 AM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Am told NIC have shown 32 managers the door. Sad Sad
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maka
#1504 Posted : Wednesday, November 23, 2016 10:55:41 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Was Coop bank always like this?Pre the cap rating thingy?Checking for balance via USSD *667# is 35 bob plus 3.50 excise duty...Daylight robbery.
possunt quia posse videntur
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snifadog
#1505 Posted : Wednesday, November 23, 2016 2:03:30 PM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
maka wrote:
Was Coop bank always like this?Pre the cap rating thingy?Checking for balance via USSD *667# is 35 bob plus 3.50 excise duty...Daylight robbery.


Even KCB which offered free balance inquiry on their mobile app got rid of it..these banks are now looking in every corner for any loose coins
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FRM2011
#1506 Posted : Wednesday, November 23, 2016 2:40:37 PM
Rank: Elder

Joined: 11/5/2010
Posts: 2,459
snifadog wrote:
maka wrote:
Was Coop bank always like this?Pre the cap rating thingy?Checking for balance via USSD *667# is 35 bob plus 3.50 excise duty...Daylight robbery.


Even KCB which offered free balance inquiry on their mobile app got rid of it..these banks are now looking in every corner for any loose coins


Wait a minute. For about a month now, the app has not been working and am forced to use *522# . Kumbe ni wizi ?
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newfarer
#1507 Posted : Wednesday, November 23, 2016 7:54:46 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Barclays called to offer me a loan on my un utilized credit on my credit card at 1. 15% per month, a good deal by all standards, wasn't interested cos I didn't have plans for the loan
punda amecheka
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Angelica _ann
#1508 Posted : Wednesday, November 23, 2016 7:57:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,941
newfarer wrote:
Barclays called to offer me a loan on my un utilized credit on my credit card at 1. 15% per month, a good deal by all standards, wasn't interested cos I didn't have plans for the loan

Assuming there are no other hidden charges.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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maka
#1509 Posted : Thursday, November 24, 2016 6:45:42 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
washiku wrote:
Am told NIC have shown 32 managers the door. Sad Sad


possunt quia posse videntur
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obiero
#1510 Posted : Thursday, November 24, 2016 6:55:32 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,479
Location: nairobi
maka wrote:
washiku wrote:
Am told NIC have shown 32 managers the door. Sad Sad



Even with job cuts, the smaller banks will fold. Think about it, customer numbers remain the same but more work done by fewer staff, fatigue checks in, customer service standards drop, clients flee to the bigger banks with more personnel
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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  | | Edit by user: Thursday, November 24, 2016 6:57 AM | Reason: Not specified
303 Pages«<149150151152153>»
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