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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.
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Ericsson		#22 Posted : Saturday, August 26, 2017 12:08:33 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,836 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
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Ebenyo		#23 Posted : Saturday, August 26, 2017 10:31:22 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,022 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
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obiero		#24 Posted : Saturday, August 26, 2017 11:08:33 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,476 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 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Ericsson		#25 Posted : Saturday, August 26, 2017 11:15:09 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,836 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
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Ebenyo		#26 Posted : Sunday, August 27, 2017 8:10:26 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,022 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
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Ericsson		#27 Posted : Monday, August 28, 2017 11:14:32 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,836 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
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kawi254		#28 Posted : Monday, August 28, 2017 4:46:53 PM
Rank: Member Joined: 2/20/2015 Posts: 469 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.
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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.
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obiero		#30 Posted : Monday, August 28, 2017 6:14:25 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,476 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 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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