--Net interest earnings tanked by Sh1.6 billion to Sh1.9 billion from Sh3.5 billion in June 2016
--Family Bank’s lending contracted to Sh43.8 billion from Sh57.7 billion.
--Non-interest income from fees and commissions dropped 14.6 per cent to Sh1.12 billion.
--The bank’s investment in government securities rose to Sh9.2 billion from Sh6.1 billion.
--Customer deposits stood at Sh47.5 billion, having dropped from Sh54.7 billion.
--Provision for bad loans increased by nearly a third to Sh391 million from Sh299 million
--Gross bad debt increased to Sh7.7 billion from Sh5.1 billion.

http://www.businessdaily...51646-11vh0b5/index.html

Surprised that other banks are not seeing similar falls in NII

Coop bank should acquire this monkey

Very dangerous to deposit your monies with the small banks.

Thank God it never listed in the nse,it's highly likely I could be crying with the rest

Stay safe madam

Ideally that is an avoidable cost.. Wishing them all the very best

I think it's in order, staff can take tea at home. But I do not agree with the author calling for suggestions on expense cuts. The boss should recommend the chops without undue indecision

Those are small things that matter especially for front office/back office staff whose focus is serving customers 8 - 5pm mostly nonstop (mostly poorly paid with loans),they would have even gone welfare 50/50 contribution instead of complete and abrupt (one day notice) withdrawal. Then again that that memo should have come from HR not procurement.