Wazua
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Law Capping interest rates
Rank: Elder Joined: 12/7/2012 Posts: 11,937
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What is the difference between easy loan and easy plus ........... for those in the know? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Angelica _ann wrote:What is the difference between easy loan and easy plus ........... for those in the know? Easy loan is for a small loan amount payable within 30 days. I think it's something akin to an overdraft. Easy plus allows you to borrow up to a maximum of sh.3million within a period of one year
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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How is anybody gotten a loan at a lower rate than 14.5% (now 14%)? What about an unsecured loan? Sehemu ndio nyumba
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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muandiwambeu wrote:watesh wrote:CBR has been lowered. Another hit in the nuts for the banks.... civic awareness through corporate action. if holding financials, ur out for a nasty pepper tear gassing treat. it gone hurt for a long time. Bp, sukari n salts sitapanda if u r inside now onwards. this is battle of the titans. keep distance . who wins? banks, mpc, mpigs or kamwana. watching from the sides. So true....you know last time i checked my account i had a loss of 500k just from bank stocks. Am out of bank stocks till i calculate Q4 2016 results and they announce Q1 2017.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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watesh wrote:muandiwambeu wrote:watesh wrote:CBR has been lowered. Another hit in the nuts for the banks.... civic awareness through corporate action. if holding financials, ur out for a nasty pepper tear gassing treat. it gone hurt for a long time. Bp, sukari n salts sitapanda if u r inside now onwards. this is battle of the titans. keep distance . who wins? banks, mpc, mpigs or kamwana. watching from the sides. So true....you know last time i checked my account i had a loss of 500k just from bank stocks. Am out of bank stocks till i calculate Q4 2016 results and they announce Q1 2017. turbulent dynamics of business can leave a few maimed n summarily administered. q4 will be purely on vapour fumes. adopting to the change is the trick for survival here n there after. who will best do dhat , I am single n ready to mingle. but all willing mates r underage hence patience is the virtue for now. time will deliver that horned dude to me in time. bis dan ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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watesh wrote:muandiwambeu wrote:watesh wrote:CBR has been lowered. Another hit in the nuts for the banks.... civic awareness through corporate action. if holding financials, ur out for a nasty pepper tear gassing treat. it gone hurt for a long time. Bp, sukari n salts sitapanda if u r inside now onwards. this is battle of the titans. keep distance . who wins? banks, mpc, mpigs or kamwana. watching from the sides. So true....you know last time i checked my account i had a loss of 500k just from bank stocks. Am out of bank stocks till i calculate Q4 2016 results and they announce Q1 2017. There were guys buying a couple of weeks ago, claiming prices would be back to normal....  Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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KulaRaha wrote:watesh wrote:muandiwambeu wrote:watesh wrote:CBR has been lowered. Another hit in the nuts for the banks.... civic awareness through corporate action. if holding financials, ur out for a nasty pepper tear gassing treat. it gone hurt for a long time. Bp, sukari n salts sitapanda if u r inside now onwards. this is battle of the titans. keep distance . who wins? banks, mpc, mpigs or kamwana. watching from the sides. So true....you know last time i checked my account i had a loss of 500k just from bank stocks. Am out of bank stocks till i calculate Q4 2016 results and they announce Q1 2017. There were guys buying a couple of weeks ago, claiming prices would be back to normal.... shares are like treasures of goblin,......... supernormal profits must be restored. smartoney works for the owners and smart owners can not work for their money. lessons being taught albeit its painful. smart owners saw the risk and brought it asap. so, smart owners of money will plant whe its due time. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Musimo wrote:alotoftalk wrote:alotoftalk wrote:If Uhuru signs the Bill this will be hat-trick against his own interests. From an economic perspective (inflation, capital flight, contracted lending etc), a business perspective (CBA) and political perspective (due to economic trouble, loss of credibility among the business class, political donations, RAO already pushing for it etc)
I actually want him to sign it, the same way I want Americans to elect Trump and how I wanted Britons to vote for Brexit. These are real life experiences on the effects negative or otherwise of populist policy. Now that the effects of the bill are finally dawning down, let's see if the government will introduce another to force banks to lend depositors money by force to unsecured borrowers with no credit history or collateral. Uhuru's own goal and the journey of self elimination from the beauty contest has started.[Re: Zambia and Venezuela pricing controls] Brexit was an own goal, UK own goal, waiting for the Trump own goal. A great time to be alive. Everyone preaching doom and gloom,so I believe my questions will be well fought out for: 1. What are the actual effects of brexit,both pro and anti? I am yet to see any document on the same and especially from anti-brexiters who predicted collapse of britain as opposed to europe. - Brexit has not yet been effected. UK is still part of the Eurozone 2. In this instance,if banks do not loan out monies to wananchi,and gava decides to do another eurobond,who will they loan put to? (Obviously a bank will rise and take up those angry with their banks for some funny rules on their accounts,saccos still have lower interest while they came up due to the same banks shafting customers on loans. My two cents) - Saccos can never meet the demand. The only choice will be loan sharks3. Government is now getting quite cheap money. Would banks not loaning money to citizens willing to take them then bid as low as 7% margin on money they're giving out to gava? Would that make business sense? - It does make business sense as it is risk free to lend to gava4. If citizens ignore banks just for fun in terms of not taking loans,wont banks deploy en-masse to woo every tom dick and harry to avoid going into loss making territory? - Depends on how much the citizens prefer the loan sharks5. What of NPLs so far since bill was signed? What are the changes seen so far on banks? More questions to follow in due time - No change Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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Shak wrote:Angelica _ann wrote:What is the difference between easy loan and easy plus ........... for those in the know? Easy loan is for a small loan amount payable within 30 days. I think it's something akin to an overdraft. Easy plus allows you to borrow up to a maximum of sh.3million within a period of one year Thanks In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 6/22/2011 Posts: 561 Location: House
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alotoftalk wrote:alotoftalk wrote:If Uhuru signs the Bill this will be hat-trick against his own interests. From an economic perspective (inflation, capital flight, contracted lending etc), a business perspective (CBA) and political perspective (due to economic trouble, loss of credibility among the business class, political donations, RAO already pushing for it etc)
I actually want him to sign it, the same way I want Americans to elect Trump and how I wanted Britons to vote for Brexit. These are real life experiences on the effects negative or otherwise of populist policy. Now that the effects of the bill are finally dawning down, let's see if the government will introduce another to force banks to lend depositors money by force to unsecured borrowers with no credit history or collateral. Uhuru's own goal and the journey of self elimination from the beauty contest has started.[Re: Zambia and Venezuela pricing controls] Brexit was an own goal, UK own goal, waiting for the Trump own goal. A great time to be alive. prophets of doom everywhere. We see you from '18. mketi pale na akina Dr Awor
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