Wazua
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ethiopia a lost cause for kenyan banks. try dr congo
Rank: Member Joined: 10/9/2009 Posts: 311
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ethiopia following china model. saturate banking industry with government and local banks then allow foreign banks into a market where they are overwhelmingly outgunned. kenyan banks with sights on ethiopia may be wasting their time. returns will be minimal. DR congo is a hellhole but offers better opportunities in future if it can get its act together. risk-taking muhindis and mzungus are already dancing with the devil and getting a foothold in DRC through rawbank and banque commerciale du congo.  Katika Jangwa la Jangili ndipo Pwagu hupata Pwaguzi.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Clearly if we are serious about being the East africa financial capital our banks need to be re-capitalized soonest to be as big as the nigerian banks
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Rank: Member Joined: 4/2/2011 Posts: 629 Location: Nai
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Jangwa la Jangili wrote:ethiopia following china model. saturate banking industry with government and local banks then allow foreign banks into a market where they are overwhelmingly outgunned. kenyan banks with sights on ethiopia may be wasting their time. returns will be minimal. DR congo is a hellhole but offers better opportunities in future if it can get its act together. risk-taking muhindis and mzungus are already dancing with the devil and getting a foothold in DRC through rawbank and banque commerciale du congo. Under capitalised and very profitable - The story of Kenyan banks. But our model of letting banks fix interest rates and even bank charges cannot be tolerated in most countries
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Wazua
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ethiopia a lost cause for kenyan banks. try dr congo
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