Law Capping interest rates - Page 145 - Economy - Wazua

Welcome Guest

Wazua » Investor » Economy » Law Capping interest rates

Law Capping interest rates

Options

Previous Topic · Next Topic

KulaRaha		#1441 Posted : Tuesday, November 01, 2016 8:18:24 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Coop will take the biggest hit, just watch. Their loan book was at 24%. Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

obiero		#1442 Posted : Tuesday, November 01, 2016 8:43:29 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		KulaRaha wrote: Coop will take the biggest hit, just watch. Their loan book was at 24%. Their Q3 will humble you. On being the most expensive you are wrong.... COOP has consistently been the cheapest tier 1 lender based on its low cost of funds from the SACCO movement, and I can prove it http://www.the-star.co.k...borrow-personal_c1294170 KQ ABP 4.26
Back to top		WWW \| \| Edit by user: Tuesday, November 01, 2016 9:35 AM \| Reason: Not specified
User Profile

Mkondoa Macho		#1443 Posted : Tuesday, November 01, 2016 2:08:52 PM
Rank: New-farer Joined: 2/7/2016 Posts: 79 Location: Home		I have two questions for you educated wazuans. I have my eyes on Housing Finance and KCB. How will this law affect profitability of KCB? How will this law affect the profitability of Housing Finance? I really need some answers to those two questions to inform my decision.
Back to top		WWW \|
User Profile

watesh		#1444 Posted : Tuesday, November 01, 2016 2:23:22 PM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Mkondoa Macho wrote: I have two questions for you educated wazuans. I have my eyes on Housing Finance and KCB. How will this law affect profitability of KCB? How will this law affect the profitability of Housing Finance? I really need some answers to those two questions to inform my decision. New law decreases the amount of money they make per customer they lent above 14% and they can overcome this by increasing their loan volumes,get cheaper funding,increase non-interest income, reduce costs or decreasing their NPLs. From my observation am seeing more advertisements by KCB asking people to open accounts with them, seems they want cheaper funding first through current accounts.
Back to top		WWW \|
User Profile

KulaRaha		#1445 Posted : Tuesday, November 01, 2016 2:49:49 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		obiero wrote: [quote=KulaRaha]Coop will take the biggest hit, just watch. Their loan book was at 24%. Their Q3 will humble you. On being the most expensive you are wrong.... COOP has consistently been the cheapest tier 1 lender based on its low cost of funds from the SACCO movement, and I can prove it http://www.the-star.co.k...orrow-personal_c1294170[/quote] Q3 numbers are irrelevant, the law passed on 14 September. Lets wait for Q1 2017...it will be murder! Business opportunities are like buses,there's always another one coming
Back to top		\| \| Edit by user: Tuesday, November 01, 2016 2:59 PM \| Reason: Not specified
User Profile

obiero		#1446 Posted : Tuesday, November 01, 2016 4:07:19 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		KulaRaha wrote: obiero wrote: [quote=KulaRaha]Coop will take the biggest hit, just watch. Their loan book was at 24%. Their Q3 will humble you. On being the most expensive you are wrong.... COOP has consistently been the cheapest tier 1 lender based on its low cost of funds from the SACCO movement, and I can prove it http://www.the-star.co.k...orrow-personal_c1294170[/quote] Q3 numbers are irrelevant, the law passed on 14 September. Lets wait for Q1 2017...it will be murder! True. Let us wait KQ ABP 4.26
Back to top		WWW \|
User Profile

watesh		#1447 Posted : Wednesday, November 02, 2016 2:30:11 PM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Govt to increase local borrowing from ksh236.1bn to ksh294.6bn. That interest rate will go up
Back to top		WWW \|
User Profile

Angelica _ann		#1448 Posted : Wednesday, November 02, 2016 2:38:06 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		watesh wrote: Govt to increase local borrowing from ksh236.1bn to ksh294.6bn. That interest rate will go up That is only around 60b, nothing much!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

Impunity		#1449 Posted : Thursday, November 03, 2016 1:01:39 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		KCB just sms'ed me about getting Mpesa loans at 0.5% interest for amounts between 50,000 and 500,000. This 0.5% is per what? And what are the fixed charges? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\| \| Edit by user: Friday, November 04, 2016 8:57 AM \| Reason: Not specified
User Profile

maka		#1450 Posted : Thursday, November 03, 2016 1:08:07 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Angelica _ann wrote: watesh wrote: Govt to increase local borrowing from ksh236.1bn to ksh294.6bn. That interest rate will go up That is only around 60b, nothing much!!!! Thats a lot my dear... possunt quia posse videntur
Back to top		\|
User Profile

303 Pages«<143144145146147>»

Wazua » Investor » Economy » Law Capping interest rates

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded