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Barclays - 2018 and beyond
Rank: Elder Joined: 3/29/2011 Posts: 2,242
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VituVingiSana wrote:Barclays seeks to sell three closed branches at Sh65m https://www.businessdail...83632-md3wvz/index.html
In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89. Bamburi, Maragua and Supplies branches are now up for sale. Very sad. I remember this branch in the early 80s. My mom would travel 50kms on a very bad road to transact once a quarter. She remained very loyal and sad to see its now closed "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Gathige wrote:VituVingiSana wrote:Barclays seeks to sell three closed branches at Sh65m https://www.businessdail...83632-md3wvz/index.html
In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89. Bamburi, Maragua and Supplies branches are now up for sale. Very sad. I remember this branch in the early 80s. My mom would travel 50kms on a very bad road to transact once a quarter. She remained very loyal and sad to see its now closed They used to close their branches out of spite. Now they close branches because there is no business for them. Life is short. Live passionately.
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Rank: Member Joined: 3/15/2009 Posts: 359
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Blunders made by this Board over the last 2 decades should form a case study on how not to run a business
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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shocks wrote:Blunders made by this Board over the last 2 decades should form a case study on how not to run a business A sad case
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:shocks wrote:Blunders made by this Board over the last 2 decades should form a case study on how not to run a business A sad case And there are people chearing the board of having done a good job. Profits have failed to grow for 7 consecutive years. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders; NON PERFORMING LOANS Barclays-8% Kcb-7% Equity-8% Co-op-12% I&M-14% LOAN LOSS PROVISION Barclays- 4% Kcb-3% Equity-3% Co-op-4% I&M-5% INTEREST EXPENSE Barclays-24% Kcb-26% Equity-22% Co-op-28% I&M-40% Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 1/4/2019 Posts: 69 Location: Nairobi
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obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing?
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage The idea is to see whether a bank is getting more in interest income or it's giving more in interest expense. Divide what they paid in interest expense over interest income. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% Your research isn't conclusive: 1. BBK doesn't show a consistent superiority in the above indicators; 2. The indicators themselves don't give a reliable conclusion on any one issue e.g. profitability, quality of loan book or efficiency in use of equity/ assets; 3. Left out other lenders useful for comparison eg DTB; NIC; Stanbic; SCB;NBK Life is short. Live passionately.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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sparkly wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% Your research isn't conclusive: 1. BBK doesn't show a consistent superiority in the above indicators; 2. The indicators themselves don't give a reliable conclusion on any one issue e.g. profitability, quality of loan book or efficiency in use of equity/ assets; 3. Left out other lenders useful for comparison eg DTB; NIC; Stanbic; SCB;NBK In fact in his 'analysis' EQB is identical to BBK For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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sparkly wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% Your research isn't conclusive: 1. BBK doesn't show a consistent superiority in the above indicators; 2. The indicators themselves don't give a reliable conclusion on any one issue e.g. profitability, quality of loan book or efficiency in use of equity/ assets; 3. Left out other lenders useful for comparison eg DTB; NIC; Stanbic; SCB;NBK My research covered the health aspect of the Lenders.The motive was to know which are healthy and which are sick.From the above statics,Barclays is very much healthy.I was surprised its healthier than co-op. The best comparison is with top three in profitabilty which i tried to link. With an NPL of 8%,thats ver much commendable. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death BUT unlike some firms, BBK doesn't have net debt. Doesn't need a Rights Issue. Pays a healthy dividend.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death BUT unlike some firms, BBK doesn't have net debt. Doesn't need a Rights Issue. Pays a healthy dividend. Sounding like a broken record chief.. How's ARM doing? Likely to resume trading?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death BUT unlike some firms, BBK doesn't have net debt. Doesn't need a Rights Issue. Pays a healthy dividend. Sounding like a broken record chief.. How's ARM doing? Likely to resume trading? ARM? Dead. Kabisa. No bailout. Nothing. Zero. Hapana. BTW, did BBK make loans to ARM or KQ? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death BUT unlike some firms, BBK doesn't have net debt. Doesn't need a Rights Issue. Pays a healthy dividend. Sounding like a broken record chief.. How's ARM doing? Likely to resume trading? ARM? Dead. Kabisa. No bailout. Nothing. Zero. Hapana. BTW, did BBK make loans to ARM or KQ? Has it ever had recent capacity to lend to any serious Kenyan corporate.. What is their core capital? L:D ratio?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:babashuge wrote:obiero wrote:Ebenyo wrote:I did my own analysis of banks and realised Barclays is doing better than most of of the listed lenders;
NON PERFORMING LOANS
Barclays-8%
Kcb-7%
Equity-8%
Co-op-12%
I&M-14%
LOAN LOSS PROVISION
Barclays- 4%
Kcb-3%
Equity-3%
Co-op-4%
I&M-5%
INTEREST EXPENSE
Barclays-24%
Kcb-26%
Equity-22%
Co-op-28%
I&M-40% How would interest expense be a percentage Their papers and wallet have been ok for the last few years but what i wonder is whats the deal with all this closing of branches, is it a sign of inability to get new customers, cost cutting to keep the balance sheets pretty, or some part of some moving to digital strategy... Is it a good thing? Based on my statistics,the reason is consolidation.They are trying to preserve their capital.They are no longer the market leaders they used to be and have accepted the reality. They took a more conservative approach thats neither robust(like kcb and equity) nor a mean approach(like co-op). Going forward,i see them stabilising slowly and buoyed by separation from the UK father,they will try to grow slowly. Slow growth in a rapidly expanding sector is as good as death BUT unlike some firms, BBK doesn't have net debt. Doesn't need a Rights Issue. Pays a healthy dividend. Sounding like a broken record chief.. How's ARM doing? Likely to resume trading? ARM? Dead. Kabisa. No bailout. Nothing. Zero. Hapana. BTW, did BBK make loans to ARM or KQ? Has it ever had recent capacity for lending to any serious Kenyan corporate. What is their core capital? L:D ratio?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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They recently approved a loan for 300 million shillings to choppies super market. I don't have any link to prove but it's a true fact came out of a senior manager in Barclays
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