yes,they have a 30 seconds advert on CNN,Mwangi talking about the bank.What will that bring from international investors?

absence of foreign investors in their ownership...coupled with their percieved political affiliations...

Equity is a political animal. It will shrink once the present "govt" leaves office. Even the CEO has political ambitions, something usually taboo for top bankers.

Just look at their bad debt book and the provisioning done for it. it doesn't require a genius to figure out CBK support due to political pressure.

Let's see who's right. The bank is already stagnating.

I don’t know why people at this forum like giving negative comments about Equity. The bank may have initially identified Central as its niche market but it has grown and increased its market share (currently in Ug, Rwanda etc). They may be looking into going global but people want to put the tribal tag to it….why are we enemies of what is Kenyan. Are we that alienated.

Most, if not all business start somewhere. You have to identify the niche you want to initially serve so that you can stabilise financially and operationally as a business before expanding. The fact that Equity chose central providence does not make it an inferior business model. Yunus’ Grameen Bank started with women in Bangladesh but now serving (at least the same model) the New York Market.

You can only pull fast ones when the authorities are on your side...else its known as breaking the rules, and you get punished.

insiders within the banking says the deposits/lending ratio is at 90:90, meaning every single penny getting into the banks gets out as a loan. this is a suicidal given that a trickle in the liquidity could ground the bank, any time. what would happen if the fair bank ratios are maintained by this bank we all hate to love.
secondly, by marketing the bank outside could be explained as move alongside mj, who went out to woo investors in europe and made an impact on safcom's share in the recent past. my two cents

If anyone can tell us if EB can get itself out of the allegedly precarious financial position....Got back at 13, time to bolt?

i understand they resolved to sell off shares "safcon" ..so if you got a loan to buy and defaulted..you better check with them..chances are they were sold.. good thing i guess.

they sold mine...damn!!!!

@maish, EB forms the biggest chunk of ma portfolio. For some reasons, blind or otherwise, I feel it stands a better chance of making moderate capital gains in not so distant future. So when guys raise all manner of flags, lazima nikae ritho msee...