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Dr Owuor - Largest Bank in Kenya to collapse

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ecstacy		#1 Posted : Tuesday, November 08, 2011 9:40:42 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint.. http://www.youtube.com/w...9Y&feature=youtu.be This guy is sending alarming prophesies as the world continues to grapple with crisis in the global banking/financial sectors. Which is the largest bank locally by current market capitalization? I believe the largest bank locally was KCB (by total assets) which has since gone regional..used to be Barclays...
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StatMeister		#2 Posted : Tuesday, November 08, 2011 9:48:13 AM
Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos		ecstacy wrote: This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint.. http://www.youtube.com/w...9Y&feature=youtu.be This guy is sending alarming prophesies as the world continues to grapple with crisis in the global banking/financial sectors. Which is the largest bank locally by current market capitalization? I believe the largest bank locally was KCB (by total assets) which has since gone regional..used to be Barclays... There are many types of banks, e.g. (financial) banks, sperm banks, blood banks . . . Ni gani sasa? A bad day fishing is better than a good day at work
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mwanahisa		#3 Posted : Tuesday, November 08, 2011 9:48:48 AM
Rank: Elder Joined: 6/2/2008 Posts: 1,438		If this is going to be the basis of our investment decisions, I really fear for some!
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mlennyma		#4 Posted : Tuesday, November 08, 2011 9:52:52 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi		If i was the manager of this site i would throw this false doom theories away. "Don't let the fear of losing be greater than the excitement of winning."
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QW25081985		#5 Posted : Tuesday, November 08, 2011 9:58:03 AM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		no comment .!!!!! this is total BS !!!!!!!!!!!!!
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ecstacy		#6 Posted : Tuesday, November 08, 2011 9:58:18 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		This man should appear before the PIC!!!! If you invest in a bank reliant of deposits from Wanjiku and Wanjiku as an astute follower of the prophet, engages in panic withdrawals from this bank, your investment goes down with it...ahem in other unrelated facts..the Prime Minister of your investment destination Kenya was baptized by this man..
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Engine		#7 Posted : Tuesday, November 08, 2011 10:03:58 AM
Rank: Member Joined: 4/26/2008 Posts: 90		Don't rubbish such statements. Behavioural Finance tells us that not all market investment decisions are made through rational analysis. Some is influences by emotions and cognitive disonnance.
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Impunity		#8 Posted : Tuesday, November 08, 2011 10:07:03 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada		KCB is rengional, BBK is nglombal. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Aguytrying		#9 Posted : Tuesday, November 08, 2011 10:08:16 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		Kcb or Barclays The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying		#10 Posted : Tuesday, November 08, 2011 10:17:08 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		I think he is talking about Barclays. He says its a global bank. The investor's chief problem - and even his worst enemy - is likely to be himself
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Cde Monomotapa		#11 Posted : Tuesday, November 08, 2011 10:19:43 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Nkt!! This is Club SK type of content.
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Aguytrying		#12 Posted : Tuesday, November 08, 2011 10:20:49 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		Cde Monomotapa wrote: Nkt!! This is Club SK type of content. The investor's chief problem - and even his worst enemy - is likely to be himself
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mlennyma		#13 Posted : Tuesday, November 08, 2011 10:25:10 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi		And pple are full here to discuss a fortune teller who has missed severally on his doom predictions. "Don't let the fear of losing be greater than the excitement of winning."
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ecstacy		#14 Posted : Tuesday, November 08, 2011 10:26:03 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		Aguytrying wrote: Cde Monomotapa wrote: Nkt!! This is Club SK type of content. lol! lighten up!!!! Market is down, prices have to lower
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wanyuru		#15 Posted : Tuesday, November 08, 2011 10:28:18 AM
Rank: Veteran Joined: 11/29/2007 Posts: 948		ecstacy wrote: This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint.. http://www.youtube.com/w...9Y&feature=youtu.be Largest local bank ama largest bank locally
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the deal		#16 Posted : Tuesday, November 08, 2011 10:33:57 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		As long as the distress in the money markets persist, the chances of a Kenyan bank folding is 50%+ better watch out where u bank esp the small one.
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ecstacy		#17 Posted : Tuesday, November 08, 2011 10:58:13 AM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		wanyuru wrote: ecstacy wrote: This guy in a recent interview has prophesied the collapse of the largest bank locally...one with a global footprint.. http://www.youtube.com/w...9Y&feature=youtu.be Largest local bank ama largest bank locally "largest bank in this country..in this land will collapse...bank that has a global dimension, global outreach" I am not his follower just open to hearing what the spirituals have to say in economically distressing times when they are actually most heard..it impacts..in the good times many helped 'plant the seed' and create millionaires in the 2006 Kenyan pyramid scheme fuzz. Barclays PLC is fifth largest worldwide as per Global Assets($b) Ranking as at 30.06.2011 1 BNP Paribas, France, 2,792.1 2 HSBC Holdings,UK, 2,690.9 3 Deutsche Bank, Germany, 2,681.3 4 Mitsubishi UFJ Financial Group, Japan 2,479.5 5 Barclays PLC, UK, 2,395.3 6 Royal Bank of Scotland Group, UK, 2,319.9 7 Industrial & Commercial Bank of China, China 2,304.4 8 Bank of America, US, 2,264.4 9 JPMorgan Chase, US, 2,246.8 10 Credit Agricole, SA France 2,236.8
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Chaka		#18 Posted : Tuesday, November 08, 2011 11:03:35 AM
Rank: Elder Joined: 2/16/2007 Posts: 2,114		This prophet had prophesied that Nairobi would be hit by a major earthquake some years ago but nothing happened??
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Sufficiently Philanga....thropic		#19 Posted : Tuesday, November 08, 2011 11:04:58 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli		Those who were around in the 90s know that a bank folding up is not a far fetched idea! Sorry but things have changed, the idea of putting money in a stock or even a bank and then going on safari ati you are a long term investor doesn't apply in this day and age! The long term now is a summation of short terms! Today's winner is tomorrow's loser, and vice versa! @SufficientlyP
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ngapat		#20 Posted : Tuesday, November 08, 2011 11:05:25 AM
Rank: Member Joined: 12/11/2006 Posts: 884		reminds me of romours spread around 2006 that Equity bank would collapse. That didnt stop equity getting more customers and growing “Invest in yourself. Your career is the engine of your wealth.”
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