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Equity Bank FY 2011 PAT up 45 Percent
mlennyma
#71 Posted : Monday, March 12, 2012 9:37:08 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its very dangerous for a bank to grow so fast like equity because to manage you just need the managers goodwill not the ceo's capability,,how many times do u travel to uganda,rwanda and sudan to monitor?
"Don't let the fear of losing be greater than the excitement of winning."
guru267
#72 Posted : Monday, March 12, 2012 9:48:06 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
Its very dangerous for a bank to grow so fast like equity because to manage you just need the managers goodwill not the ceo's capability,,how many times do u travel to uganda,rwanda and sudan to monitor?


im in Uganda and rwanda all the time and I never hear about equity bank.. And as much as I see Its KCB roooaaaring in these countries especially in south sudan..
Mark 12:29
Deuteronomy 4:16
the deal
#73 Posted : Monday, March 12, 2012 11:49:48 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Looking at interest margins BBK and Member did very well...while KCB's interest margins dropped sharply y/y.
mlennyma
#74 Posted : Tuesday, March 13, 2012 1:14:37 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kcb has 4 branches in nairobi cbd,equity has more than 10 branches in the same area,equity's blind expansion will eat on its profits sooner than you expect.
"Don't let the fear of losing be greater than the excitement of winning."
guru267
#75 Posted : Tuesday, March 13, 2012 8:20:33 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
while KCB's interest margins dropped sharply y/y.


Ive also had a look at them.. What do u mean when you say fell SHARPLY??!!
Mark 12:29
Deuteronomy 4:16
kyt
#76 Posted : Tuesday, March 13, 2012 9:25:26 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
@Mlenya, kcb has 6 branches, when u add the s&l, then it becomes 10, just like equity. i think kcb "diaspora" will steer kcb going forwdrd
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
FUNKY
#77 Posted : Tuesday, March 13, 2012 10:01:47 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
The Merchant
#78 Posted : Tuesday, March 13, 2012 2:36:06 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
kyt wrote:
@Mlenya, kcb has 6 branches, when u add the s&l, then it becomes 10, just like equity. i think kcb "diaspora" will steer kcb going forwdrd

So will Equity's. Guys are cheering stocks here like they are soccer teams. Geez....Sad
bird_man
#79 Posted : Tuesday, March 13, 2012 3:05:29 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Equity has more customers within CBD thus perhaps the need for more branches than KCB.More customers=more account charges & commissions.
Formally employed people often live their employers' dream & forget about their own.
jaggernaut
#80 Posted : Tuesday, March 13, 2012 6:55:39 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
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