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DTB Full Year 2013 PAT up 29%
snipermnoma
#11 Posted : Thursday, March 06, 2014 10:40:23 AM
Rank: Member

Joined: 1/3/2014
Posts: 257
mwekez@ji wrote:
snipermnoma wrote:
mwekez@ji wrote:
snipermnoma wrote:
Any word on the resolutions passed at the EGM? I expect that the rights issue will be approved.


Approved. 1:10.


Thanks @mwekez@ji! 1:10 will be fully taken up by shareholders. The NPL issue continues to loom large


Karibu @snipermnoma. Link now available ---> https://www.nse.co.ke/listed-com...ust-bank-egm-resolutions

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On NPL, as pointed by @mainat, DTB NPL ratio of 1.2% against sector average of 4.4% is nothing to worry about. Actually, DTB, with the NPL ratio of 1.2%, boasts one of the highest loan book quality in the industry.


Thanks @mwekez@ji. Thanks too to @mainat for pointing out the NPL ratio. All this makes this a standout counter amongst the financials.
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