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KCB and NBK material announcement
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Ericsson
#221 Posted : Friday, October 04, 2019 9:36:12 AM
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@sparkly
perform the final rites this topic to be closed
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Ericsson
#222 Posted : Thursday, October 17, 2019 1:53:19 PM
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National Bank of Kenya has announced the new board of directors following the completion of the takeover process by KCB Group.

The new directors are; Mr John Nyerere who will be the chairman of the board, Engineer Stanley Kamau, Mr Jones Nzomo, Ms Linnet Mirehane, Gen,(Rtd)Dr Julius Karangi, Mr Paul Russo, and Mr Joshua Oigara. The Bank will be lead by Mr Paul Russo who was appointed as Managing Director shortly after the acquisition.
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mlennyma
#223 Posted : Thursday, October 17, 2019 3:19:15 PM
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Lift the rate cap we see kcb at 100 a piece
"Don't let the fear of losing be greater than the excitement of winning."
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watesh
#224 Posted : Thursday, October 17, 2019 3:41:38 PM
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mlennyma wrote:
Lift the rate cap we see kcb at 100 a piece

The buying spree party was good when it lasted.
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VituVingiSana
#225 Posted : Friday, March 12, 2021 2:16:58 AM
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Good news for NBK/KCB https://www.businessdail...er-sh3-7bn-loan-3319958 TSS land to be auctioned
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ebenyo
#226 Posted : Friday, March 12, 2021 8:24:08 AM
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VituVingiSana wrote:
Good news for NBK/KCB https://www.businessdail...er-sh3-7bn-loan-3319958 TSS land to be auctioned





The NPLs that came with NBK is drastically coming down.
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Ericsson
#227 Posted : Friday, April 23, 2021 8:47:50 AM
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https://www.businessdail...work-in-progress-3373128
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mlennyma
#228 Posted : Friday, April 23, 2021 1:51:14 PM
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Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128


we want to see the value in Kcb share
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#229 Posted : Sunday, April 25, 2021 11:26:59 AM
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mlennyma wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128


we want to see the value in Kcb share

It shall come through.
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Ebenyo
#230 Posted : Monday, April 26, 2021 11:09:15 AM
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Ericsson wrote:
https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/nbk-turnaround-work-in-progress-3373128




NBK made a profit of kshs 177,731,000 for the FY 2020 from a loss of kshs 336,990,000 for the FY 2019.
So it's doing well and the management is vindicated for making the acquisition.
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Ericsson
#231 Posted : Monday, November 22, 2021 10:38:31 AM
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https://twitter.com/Mwan...687420240044033/photo/1

Delisting of National Bank of Kenya Limited from the Nairobi Securities exchange with effect from November 25 2021.The de-listing follows the succesful takeover of 100% shareholding of NBK by KCB and NBK shareholders approval.
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