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Stanchart Kenya's H1 pretax profit surges 87 pct
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ngapat
#1 Posted : Thursday, August 09, 2012 5:05:38 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Noma tu xana
http://af.reuters.com/ar...ws/idAFJOE87804K20120809
“Invest in yourself. Your career is the engine of your wealth.”
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Ericsson
#2 Posted : Thursday, August 09, 2012 5:47:54 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
Results in the NSE website.
It has overtaken Barclays Bank in terms of profitability in the first half
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#3 Posted : Thursday, August 09, 2012 5:50:03 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
Overtaken Barclays bank and Co-operative bank in assets too to become number 3 in terms of profits and assets
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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cnn
#4 Posted : Thursday, August 09, 2012 6:22:25 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
They grew their loan book by 8 billion in the first half,Roar did about 4 billion.
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youcan'tstopusnow
#5 Posted : Thursday, August 09, 2012 6:37:28 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Wow! They more than doubled their Interest Income from Loans and Advances to 7.7 Billion from 3.6 Billion. 'Other Income' also soared from 3 Million to 655 Million. Cost to Income Ratio of 40% is impressive. Hongera Beberu!
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#6 Posted : Thursday, August 09, 2012 6:38:41 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
And AKS says they also bagged Tullow as a client...
GOD BLESS YOUR LIFE
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Impunity
#7 Posted : Thursday, August 09, 2012 6:41:50 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
[quote=ngapat]Noma tu xana
http://af.reuters.com/ar...s/idAFJOE87804K20120809[/quote]

Milking wanjiku until powder come out.
Sad Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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youcan'tstopusnow
#8 Posted : Thursday, August 09, 2012 6:45:20 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
cnn wrote:
They grew their loan book by 8 billion in the first half,Roar did about 4 billion.

Though they earned less in interest income in Q2 than in Q1...
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#9 Posted : Thursday, August 09, 2012 6:46:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Impunity wrote:
ngapat wrote:
Noma tu xana
http://af.reuters.com/ar...s/idAFJOE87804K20120809


Milking wanjiku until powder come out.
Sad Sad


Hakuna Wanjiku Stanchart boss;-)
GOD BLESS YOUR LIFE
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cnn
#10 Posted : Thursday, August 09, 2012 6:55:13 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
youcan'tstopusnow wrote:
Wow! They more than doubled their Interest Income from Loans and Advances to 7.7 Billion from 3.6 Billion. 'Other Income' also soared from 3 Million to 655 Million. Cost to Income Ratio of 40% is impressive. Hongera Beberu!

And what is this 'other income'?,a one off entry?
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