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Chase Bank loss...another case of cooking the books?
Impunity
#221 Posted : Thursday, April 07, 2016 3:14:50 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

enyands
#222 Posted : Thursday, April 07, 2016 3:17:30 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
New sheriff in town. Dr .work work . Any ideas about this Credit Bank? Is it also under microscope too?
mlennyma
#223 Posted : Thursday, April 07, 2016 3:17:41 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Impunity wrote:
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank

never joke with limited companies the person and company are different strangers
"Don't let the fear of losing be greater than the excitement of winning."
sitaki.kujulikana
#224 Posted : Thursday, April 07, 2016 3:21:49 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
mlennyma wrote:
Impunity wrote:
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank

never joke with limited companies the person and company are different strangers

m-shwari seems like a convenient place to keep your cash when this banks run occur, just log onto mobile banking of whichever bank and push the funds huko, instead of fighting kwa ATM's.

But is it a safe alternative for long term banking, I am thinking is safcom was to collapse the whole country would go under, financially.
maka
#225 Posted : Thursday, April 07, 2016 3:22:37 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
enyands wrote:
New sheriff in town. Dr .work work . Any ideas about this Credit Bank? Is it also under microscope too?


Mmmmh do you have any pals who do fixed income?traders?ask them what banks have issues with liquidity...banks which love to do a lot of sell buy backs even with inter bank sub 4%
possunt quia posse videntur
Swenani
#226 Posted : Thursday, April 07, 2016 3:23:34 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
sitaki.kujulikana wrote:
mlennyma wrote:
Impunity wrote:
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank

never joke with limited companies the person and company are different strangers

m-shwari seems like a convenient place to keep your cash when this banks run occur, just log onto mobile banking of whichever bank and push the funds huko, instead of fighting kwa ATM's.

But is it a safe alternative for long term banking, I am thinking is safcom was to collapse the whole country would go under, financially.


Just open an account at central bank and sleep peacefully
If Obiero did it, Who Am I?
mlennyma
#227 Posted : Thursday, April 07, 2016 3:25:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
sitaki.kujulikana wrote:
mlennyma wrote:
Impunity wrote:
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank

never joke with limited companies the person and company are different strangers

m-shwari seems like a convenient place to keep your cash when this banks run occur, just log onto mobile banking of whichever bank and push the funds huko, instead of fighting kwa ATM's.

But is it a safe alternative for long term banking, I am thinking is safcom was to collapse the whole country would go under, financially.

go to mshwari knowing that you are opening an account and banking with CBA and not mention safcom anywhere
"Don't let the fear of losing be greater than the excitement of winning."
enyands
#228 Posted : Thursday, April 07, 2016 3:30:52 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
maka wrote:
enyands wrote:
New sheriff in town. Dr .work work . Any ideas about this Credit Bank? Is it also under microscope too?


Mmmmh do you have any pals who do fixed income?traders?ask them what banks have issues with liquidity...banks which love to do a lot of sell buy backs even with inter bank sub 4%



Maka smile too many parables lol. Is it an ok bank? Where can I get their 7 yrs statements of accounts?
watesh
#229 Posted : Thursday, April 07, 2016 3:37:38 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
muganda wrote:
Othelo wrote:
So you will find a guy who has been burned by all the three banks ...... Dubai, Imperial and Chase. Sad

Or fund managers who invested client funds in Imperial Bank Bond plus Chase Bank Bond, they are far in line compared to depositors...

Real pain by Kenyans in the city: Spare a thought...


This is just sad
sitaki.kujulikana
#230 Posted : Thursday, April 07, 2016 3:44:13 PM
Rank: Veteran

Joined: 8/25/2012
Posts: 1,826
Swenani wrote:
sitaki.kujulikana wrote:
mlennyma wrote:
Impunity wrote:
sitaki.kujulikana wrote:
is m-shwari safe


CBA = @Uhuru bank

never joke with limited companies the person and company are different strangers

m-shwari seems like a convenient place to keep your cash when this banks run occur, just log onto mobile banking of whichever bank and push the funds huko, instead of fighting kwa ATM's.

But is it a safe alternative for long term banking, I am thinking is safcom was to collapse the whole country would go under, financially.


Just open an account at central bank and sleep peacefully

do they have internet banking, that should be a minimum, if any rumors appear, a quick and efficient means of transferring cash pap.
But seriously, are there pointers to look out for when a bank is going to get stressful.
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