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Potential merger NIC + CBA
Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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wow! matrimonial interest overriding the banks interest.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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wukan wrote:wow! matrimonial interest overriding the banks interest. Yes, to stop men from using matrimonial homes as collateral without the wife's consent. 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: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Angelica _ann wrote:wukan wrote:wow! matrimonial interest overriding the banks interest. Yes, to stop men from using matrimonial homes as collateral without the wife's consent. The person on the Title, at the time the loan was taken, should have the right to mortgage the property or offer it as collateral. Wacha they sell the house. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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NIC was reckless in the way it was dishing out loans Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? I don't need to work to see NIC every week in loans gone sour such as Kaluworks aka non-performing loans.Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? I don't need to work to see NIC every week in loans gone sour such as Kaluworks aka non-performing loans.Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Then how did you know they made a large bad loan every week? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? I don't need to work to see NIC every week in loans gone sour such as Kaluworks aka non-performing loans.Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Then how did you know they made a large bad loan every week? Every week we read in the press and social media about a loan deal gone sour and NIC bank was involved. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? I don't need to work to see NIC every week in loans gone sour such as Kaluworks aka non-performing loans.Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Then how did you know they made a large bad loan every week? Every week we read in the press and social media about a loan deal gone sour and NIC bank was involved. That should mean 52 for the past year. I googled but couldn't find 52. Help me out. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:NIC was reckless in the way it was dishing out loans Did you work for NIC? I don't need to work to see NIC every week in loans gone sour such as Kaluworks aka non-performing loans.Under Gachora, NIC did rather poorly compared to peers like I&M and DTB. Then how did you know they made a large bad loan every week? Every week we read in the press and social media about a loan deal gone sour and NIC bank was involved. That should mean 52 for the past year. I googled but couldn't find 52. Help me out. Every Monday Graham Auctioneers & Leakey Stores....... NIC lazima & location is countrywide. 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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Potential merger NIC + CBA
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