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Barclays bank kenya Q3 2017
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Ericsson
#1 Posted : Wednesday, November 22, 2017 11:04:34 PM
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Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
Profit before tax at sh.7.71bn compared to 8.71bn in 2016
Profit after tax at ksh.5.3bn down from 6.1bn in 2016
Net interest income declined by 4% to sh.16.1bn
Customer loans grew by 5% to sh.167bn
Customer deposits grew by 11% to sh.200bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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winmak
#2 Posted : Thursday, November 23, 2017 2:51:41 PM
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Joined: 12/1/2007
Posts: 539
Location: Nakuru
What is the inference here, considering all fundies are taking hits?
For investors as a whole, returns decrease as motion increases ~ WB
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Ericsson
#3 Posted : Friday, December 01, 2017 10:01:16 PM
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Posts: 10,699
Location: NAIROBI
Barclays plc to complete its sell off and exit from Africa on December 5th.
It will sell a 7% stake and remain with 14.94% stake.
The name Barclays will continue to be used in Africa till mid 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#4 Posted : Saturday, February 24, 2018 8:01:57 PM
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Barclays plc announced full year results yesterday 23 February 2018.
BBK should be announcing theirs within the coming 10 days
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VituVingiSana
#5 Posted : Saturday, February 24, 2018 11:08:45 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Ericsson wrote:
Barclays plc announced full year results yesterday 23 February 2018.
BBK should be announcing theirs within the coming 10 days

Why 10 days? The audited results must be ready since these have to be sent "up the ladder" to be included in BB Plc's results.

Of course, KE banks can wait until 31st March is they so wished!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Horton
#6 Posted : Sunday, February 25, 2018 2:29:48 AM
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Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VituVingiSana wrote:
Ericsson wrote:
Barclays plc announced full year results yesterday 23 February 2018.
BBK should be announcing theirs within the coming 10 days

Why 10 days? The audited results must be ready since these have to be sent "up the ladder" to be included in BB Plc's results.

Of course, KE banks can wait until 31st March is they so wished!


If you followed BBK & PLCs results historically, it has been released about 1-2 weeks historically
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Ebenyo
#7 Posted : Sunday, February 25, 2018 7:06:42 AM
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Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Horton wrote:
VituVingiSana wrote:
Ericsson wrote:
Barclays plc announced full year results yesterday 23 February 2018.
BBK should be announcing theirs within the coming 10 days

Why 10 days? The audited results must be ready since these have to be sent "up the ladder" to be included in BB Plc's results.

Of course, KE banks can wait until 31st March is they so wished!


If you followed BBK & PLCs results historically, it has been released about 1-2 weeks historically


that means BBK will release theirs on monday or tuesday.
Towards the goal of financial freedom
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VituVingiSana
#8 Posted : Sunday, February 25, 2018 11:01:35 AM
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Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
Horton wrote:
VituVingiSana wrote:
Ericsson wrote:
Barclays plc announced full year results yesterday 23 February 2018.
BBK should be announcing theirs within the coming 10 days

Why 10 days? The audited results must be ready since these have to be sent "up the ladder" to be included in BB Plc's results.

Of course, KE banks can wait until 31st March is they so wished!


If you followed BBK & PLCs results historically, it has been released about 1-2 weeks historically

That's OK. My question is why does it take them more than 1 (business) day after PLC releases its results. Surely, it does not take that long to write a commentary. Or does CBK review the results before they are published locally?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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winmak
#9 Posted : Sunday, February 25, 2018 5:58:23 PM
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Joined: 12/1/2007
Posts: 539
Location: Nakuru
Crockery
For investors as a whole, returns decrease as motion increases ~ WB
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