heri wrote:@VituVingiSana, does the persistent insecurity in parts of DRC constitute a big threat for banks doing business in DRC?
That's a tough question.
I would say YES but DRC is huge and unless the bank has substantial business in those affected areas it may not be a major issue.
From what I understand banks aren't huge into lending as they are in Kenya. There's a lot of transactional business.
Overall, I am bullish about banks in DRC over the medium-long term.
There will be disruptions over the next few years.
BUT wars (civil or external) can upset the apple cart.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett