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National Bank FY 2014 results profit before tax down 28%
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Goldilocks Reloaded
#21 Posted : Friday, March 20, 2015 5:30:14 PM
Rank: Member

Joined: 1/14/2014
Posts: 178
So if the one-off restructuring cost of 1.1B was not there then PBT would be approx 2.4B which would be about 33% increase... Not bad!
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Ericsson
#22 Posted : Wednesday, March 25, 2015 1:13:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,831
Location: NAIROBI
Going through the lenders annual report and comparing with last year;
I see their is a major shareholder called Best Investment decisions
Kenya Re has doubled number of shares it currently holds from 2mn to 4mn thereby getting a 1.4% stake from 2013 results of 0.71%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mwekez@ji
#23 Posted : Wednesday, March 25, 2015 1:58:18 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
[quote=Ericsson]Going through the lenders annual report and comparing with last year;
I see their is a major shareholder called Best Investment decisions
Kenya Re has doubled number of shares it currently holds from 2mn to 4mn thereby getting a 1.4% stake from 2013 results of 0.71%[/quote]

Huyu Best labda ni comrade @Cde
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whiteowl
#24 Posted : Monday, May 04, 2015 11:04:34 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
It's finally back to where I had bought it in 2013.
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deadpoet
#25 Posted : Monday, May 04, 2015 11:33:14 AM
Rank: Member

Joined: 9/27/2006
Posts: 506
There was an article in the standard last week that there may be plans to merge NBK with Consolidated Bank, but it was not backed by any official sources.
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obiero
#26 Posted : Sunday, June 21, 2015 2:54:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,381
Location: nairobi
National Bank re-crumbling.. www.mobile.nation.co.ke/news/National-Bank-of-Kenya-Mismanagement/-/1950946/2759676/-/format/xhtml/item/0/-/yf7cmd/-/index.html
COOP, KEGN, MTNU
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gatoho
#27 Posted : Sunday, June 21, 2015 7:14:11 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
[quote=deadpoet]There was an article in the standard last week that there may be plans to merge NBK with Consolidated Bank, but it was not backed by any official sources.[/quote]

Remember Ohuru promising to merge parastatles?
Foresight..
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xxxxx
#28 Posted : Sunday, June 21, 2015 9:05:35 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
[quote=obiero]National Bank re-crumbling.. www.mobile.nation.co.ke/news/National-Bank-of-Kenya-Mismanagement/-/1950946/2759676/-/format/xhtml/item/0/-/yf7cmd/-/index.html[/quote]
This is surely the next bus
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whiteowl
#29 Posted : Sunday, June 21, 2015 10:01:23 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
[quote=obiero]National Bank re-crumbling.. www.mobile.nation.co.ke/news/National-Bank-of-Kenya-Mismanagement/-/1950946/2759676/-/format/xhtml/item/0/-/yf7cmd/-/index.html[/quote]
His hashtag army responded quite well #SaluteMunirNBK
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Bigchick
#30 Posted : Monday, June 22, 2015 6:04:23 AM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
[quote=obiero]National Bank re-crumbling.. www.mobile.nation.co.ke/news/National-Bank-of-Kenya-Mismanagement/-/1950946/2759676/-/format/xhtml/item/0/-/yf7cmd/-/index.html[/quote]


Should we anticipate a run on deposits??

Was the media right in writing this article knowing very well how sensitive banking is?
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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