Preview of KCB Group CEO Joshua Oigara interview on BBC.
KCB has made a bid of NBK and they are still at initial discussions so it's too early to make a conclusion.KCB is one of the most efficient banks while Government is wasteful and inefficient.What would it look like having GoK with a huge stake?
Governments worldwide are the biggest spenders and borrowers look at Germany,USA,Japan and the like.That is the business we are looking at.
If you look at the top/biggest banks in Africa only two countries come in the picture;South Africa and Nigeria.
We would also like to be in that league/category KCB is also involved in financing of the SGR due to the huge balance sheet we have which is necessary for big infrastructure projects.Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle