So what? LOL... It's not water off my back? Maybe ako Eveready... As is, whose portfolio do we truly know about on Wazua?

I have arm, kenya re, BOC, cfs, stanbic ug, kcb and CiC. I regret Kenya Re

@youcantstopusnow, tell me how many people you know that earn below 20,000 and bank with stanchart and yet its share price goes up and is considered as a blue chip company. Simply said, there comes a time when they'll run out of the unbanked while still our usual banks we'll have clients that require working capital financing, asset financing e.t.c. Remember one other thing, when one gets little income he only thinks of consumption, when he gets extra like you he thinks of investment meaning there comes a time when you need a bank that will understand your needs as a high networth investor rather than a person who deposits and withdraws cash. Even churches have realised the same and thats why they are opening chapels at the Karens and upperhills of Kenya and getting out of their 'normal settings'

All those who arewaiting for Equity to be on its last legs should think again and VERY VERY VERY hard too. Wafikirie sana sana sana.

Just see the link below:-

http://www.theeastafrica.../-/ltxoixz/-/index.html

For those who are agains equoty and somehow manage to direct they sisy browsers onto the link they will find the below letters makeing the following words:-

About a month and a half ago, Equity Bank and Safaricom launched the M-Kesho account, which is proving to be the fastest moving financial product in Kenya’s banking industry.

“We are signing up an estimated 8,000 accounts per day, arguably the largest number of customers we have handled in the history of the bank,” said Equity Bank CEO James Mwangi.

Some 2,500 M-Kesho agents have been set up country wide, after the Central Bank of Kenya gave the nod and the requisite infrastructure was laid down, Mr Mwangi said.

Safaricom CEO Michael Joseph said: “We developed this product based on a need for an affordable and convenient bank account where customers can save and earn interest, access financial services like insurance and emergency credit.”


Now if Stanchat or Barclays or whichever Sissy bank out there can beat or equal this, then you deserve to be praised.

KYT.

Sasa wewe, what are the factors you are using to counter the 8K accounts per day? This was been reported by a reputable newspaper. Are you stating that the newspaper and the Nation media Group and the Equity MD are all liers? Share these with us.

Was there and is there any instance, historiclly that is, that you can quote to show that the equity MD is a lier? Ama this is the usual equity bashing. Looks like. Domo mingi no substance. Makelele tupu. Empty Debe!!!!!!

If you dont like Equity, dont read Equity articles. Go and read your james hadly Chase. Inaonekana Haukisone all the books in the series. Ama enda uone the bold and the restless.

Lets get serious PLEASE.

You sound like the ODMers who still insist and state that their party is still popular even after two major electroral defeats !!!!!!Come one Manze. Wake up. These are kicks of a dying farasi.

Equity Bank is a phenomenon... Share price aside.. the performance/profits have been awesome!

The swelling demand could be an indicator JM is about to drop the half year numbers.Without any cash i am like a rabbit in the headlights.

Wa P.

Does the P stand for Pumbavu? Kweli ni Pumbavu. Kwani you dont fart if i like JM? Shida yako ni nini? Kama you dont like Equity close your account. Why leave it domant? So that you can go back to using it later?

And you seem to have a problem with the poor. Who form 70% of our population. Kama ni hivio wewe enda ufungue account kwingine. Leave the 8K Kenyans to open accounts bila your vile. They do not need it. If you can afford to pay 1K in bank charges per month others cant.

And since they smell on the lines, wewe go and join the rich ones wasikunukie.

Equity for ever...!!!!

yekeyeke, you really know how to put your points across.

The marginal cost of running the Mkesho accounts is almost negligible as they will rely on the IT infrastructure (fixed cost) they already have.
Assuming the 8K accounts opened per day (240k accounts opened in a month, and each carries out only one trx a month (30/-) and they keep only 10/-of this, that is 2.4M bottom line per month. that is serious cash.