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KCB HY 2017 result
KiFagio
#21 Posted : Saturday, August 26, 2017 7:26:53 AM
Rank: Member

Joined: 9/27/2011
Posts: 123
Location: Nairobi
Paying by m-benki using mpesa till number will cost you 57.50. Its a rip-off.
Ericsson
#22 Posted : Saturday, August 26, 2017 12:08:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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
Ebenyo
#23 Posted : Saturday, August 26, 2017 10:31:22 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
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.




i fully support the decision to buy Nbk.It adds value.
Towards the goal of financial freedom
obiero
#24 Posted : Saturday, August 26, 2017 11:08:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ebenyo wrote:
Ericsson wrote:
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.




i fully support the decision to buy Nbk.It adds value.

NBK was dead.. So anyone who aims to revive it is welcome

KQ ABP 4.26
Ericsson
#25 Posted : Saturday, August 26, 2017 11:15:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
If KCB manages to transfers it's efficiency to NBK it will derive huge benefits.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#26 Posted : Sunday, August 27, 2017 8:10:26 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
obiero wrote:
Ebenyo wrote:
Ericsson wrote:
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.




i fully support the decision to buy Nbk.It adds value.

NBK was dead.. So anyone who aims to revive it is welcome


Cheap deposits from govt agencies.While Equity is running away from salary loans and micro lending,Kcb will not do the same.Instead it will thrive on it as liquidity will not be a problem.
Towards the goal of financial freedom
Ericsson
#27 Posted : Monday, August 28, 2017 11:14:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KCB Group scraps transaction charges for consumers paying bills from their bank accounts to an M-Pesa paybill number

https://www.the-star.co....-m-pesa-paybill_c1624285
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#28 Posted : Monday, August 28, 2017 4:46:53 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
[quote=Ericsson]KCB Group scraps transaction charges for consumers paying bills from their bank accounts to an M-Pesa paybill number

https://www.the-star.co....m-pesa-paybill_c1624285[/quote]


Looks like this is a counter move to the free bill payment on Equitel. Not sure if KCB is helping Safaricom fight Equitel or Safaricom helping KCB fight EQUITY.
sparkly
#29 Posted : Monday, August 28, 2017 5:03:03 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kawi254 wrote:
[quote=Ericsson]KCB Group scraps transaction charges for consumers paying bills from their bank accounts to an M-Pesa paybill number

https://www.the-star.co....m-pesa-paybill_c1624285[/quote]


Looks like this is a counter move to the free bill payment on Equitel. Not sure if KCB is helping Safaricom fight Equitel or Safaricom helping KCB fight EQUITY.


These banks complain about rate caps then they throw away transaction revenues and fire people SMH
Life is short. Live passionately.
obiero
#30 Posted : Monday, August 28, 2017 6:14:25 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
sparkly wrote:
kawi254 wrote:
[quote=Ericsson]KCB Group scraps transaction charges for consumers paying bills from their bank accounts to an M-Pesa paybill number

https://www.the-star.co....m-pesa-paybill_c1624285[/quote]


Looks like this is a counter move to the free bill payment on Equitel. Not sure if KCB is helping Safaricom fight Equitel or Safaricom helping KCB fight EQUITY.


These banks complain about rate caps then they throw away transaction revenues and fire people SMH

KCB helping Safaricom

KQ ABP 4.26
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