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KCB 2018 and Beyond
Ericsson
#531 Posted : Wednesday, March 10, 2021 2:22:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
Q1 Profit before tax ksh.9.1bn

Total assets at ksh.947bn
Customer deposits at ksh.740bn.Customer deposits grew by ksh.53bn in Q1.
Group balance sheet is within range of the ksh.1 trillion target by end of 2022

It will break it by mid 2021


It has come earlier mid 2021 they will be completing acquisition of BPR and BancABC Tanzania

True. A trillion in assets achieved, next stop KES 1.2T


And DRC entry
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
young
#532 Posted : Wednesday, March 10, 2021 4:42:15 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
Anyone?
When will KCB fy 2020 be released ?

It's overdue
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Ericsson
#533 Posted : Wednesday, March 10, 2021 6:57:20 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
young wrote:
Anyone?
When will KCB fy 2020 be released ?

It's overdue


They will be released next week Thursday.

It's not overdue.
Last year they were released on 17 March.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#534 Posted : Wednesday, March 10, 2021 7:19:50 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
young wrote:
Anyone?
When will KCB fy 2020 be released ?

It's overdue


They will be released next week Thursday.

It's not overdue.
Last year they were released on 17 March.



No wonder the share price is looking up
Towards the goal of financial freedom
Ericsson
#535 Posted : Monday, March 15, 2021 6:32:10 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
https://www.businessdail...s-sh2-8-billion-3323054

The Kenya Mortgage Refinance Company (KMRC) has so far advanced Sh2.76 billion in credit to mortgage lenders, accounting for about seven per cent of the fund’s total capital pool.

KCB accounts for the bulk of the lending at Sh2.12 billion, followed by HF at Sh515 million. Others include Stima Sacco (Sh69million), Tower Sacco (Sh30 million) and Bingwa Sacco (Sh27 million).
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#536 Posted : Wednesday, March 17, 2021 11:57:07 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
IFC, SANAD, BIO, Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs

IFC, a member of the World Bank Group, The SANAD Fund for MSMEs (SANAD), the Belgian Investment Company for Developing Countries (BIO), and Symbiotics today announced a loan to KCB Bank Kenya Ltd to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.

The loan of up to $150 million will strengthen KCB Bank Kenya's capital base and allow it to finance eligible projects and businesses, many of which are facing COVID-19-related challenges, including challenges accessing working capital and funds for expansion.

Of the $150 million, IFC contributed $101.75 million and mobilized $22 million from BIO, $15 million from SANAD Fund, and $11.25 million from Symbiotics.


https://ke.kcbgroup.com/...-for-green-projects-smes
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#537 Posted : Thursday, March 18, 2021 8:10:43 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Acquisition of Bank ABC Tanzania and BPR Rwanda is on the final stages
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#538 Posted : Wednesday, May 05, 2021 11:12:32 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Notice of the AGM on 27 May 2021

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Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#539 Posted : Wednesday, May 05, 2021 11:21:14 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
[quote=Ericsson]Notice of the AGM on 27 May 2021

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Acquisition in Tanzania and Rwanda is the tip of iceberg.
Towards the goal of financial freedom
Ericsson
#540 Posted : Sunday, May 09, 2021 8:55:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Ebenyo wrote:
[quote=Ericsson]Notice of the AGM on 27 May 2021

https://pbs.twimg.com/me...at=png&name=900x900

https://pbs.twimg.com/me...at=png&name=900x900

https://pbs.twimg.com/me...at=png&name=900x900[/quote]


Acquisition in Tanzania and Rwanda is the tip of iceberg.


In a week's time they will have completed all regulatory approvals,it will now be waiting shareholders approval at the AGM.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
80 Pages«<5253545556>»
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