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Kenya Economy Watch
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ericsson wrote:Ericsson wrote:Amount of loans banks have restructured so far; Equity bank ksh.92b KCB ksh.115.1bn NCBA ksh.35bn CO-OP bank sh.15.3bn ABSA ksh.30bn Standard chartered ksh.21bn DTB Ksh.40.7bn ABSA kenya restructured 30,000 loan accounts Stanchart figure adjusted after release of Q1 results Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Most African Currencies Undervalued After Covid-19. These Are the ExceptionsSource: BloombergQuote:The first-quarter rout in emerging-market assets has left most African currencies undervalued -- with three exceptions: the Egyptian pound, Nigerian naira and Kenyan shilling.
Egypt’s currency leads the trio: it is 16% overvalued, as measured by its current real effective exchange rate relative to the five-year average. By that measure, the naira is 10% overvalued and the shilling 8%, according to data compiled by Bloomberg. Nigeria and Egypt have managed floats, while the shilling is a free-floating currency that sees occasional central-bank intervention.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ericsson wrote:Ericsson wrote:Ericsson wrote:Amount of loans banks have restructured so far; Equity bank ksh.92b KCB ksh.120bn NCBA ksh.35bn CO-OP bank sh.15.3bn ABSA ksh.53bn Standard chartered ksh.21bn DTB Ksh.40.7bn ABSA kenya restructured 30,000 loan accounts Stanchart figure adjusted after release of Q1 results Absa kenya has restructured 50,000 business loans worth ksh.53bn Total is now ksh.377bn Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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As per CBK monetary policy committee briefing today; Total restructured loans at ksh.679.6bn Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Dividend cut for the listed banking stocks. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:Dividend cut for the listed banking stocks. This already happened in FY except KCB
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Rank: Member Joined: 5/31/2011 Posts: 262
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Horton wrote:Ericsson wrote:Dividend cut for the listed banking stocks. This already happened in FY except KCB Really? Received all for Coop & ABSA You lose money chasing women, but you never lose women chasing money - NAS
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Kenyan Oracle wrote:Horton wrote:Ericsson wrote:Dividend cut for the listed banking stocks. This already happened in FY except KCB Really? Received all for Coop & ABSA Beginning interim dividend on HY 2020 results Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ericsson wrote:Kenyan Oracle wrote:Horton wrote:Ericsson wrote:Dividend cut for the listed banking stocks. This already happened in FY except KCB Really? Received all for Coop & ABSA Beginning interim dividend on HY 2020 results Even safaricom may reduce its dividend Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Ericsson wrote:Ericsson wrote:Kenyan Oracle wrote:Horton wrote:Ericsson wrote:Dividend cut for the listed banking stocks. This already happened in FY except KCB Really? Received all for Coop & ABSA Beginning interim dividend on HY 2020 results Even safaricom may reduce its dividend It is possible KQ ABP 4.26
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