top 10 most profitable banks in East Africa..no Tanzanian and Ugandan bank in Top 10

top 10 most profitable banks in East Africa..no Tanzanian and Ugandan bank in Top 10

pingli-nywee said:
Someone is saying ask Rotich, the CS, the other says ask Ole Lenku, my governor. I just can't believe that the levels of stupidity here on this forum, for some people, can't even match up to those of a Std. 4 dropout. COLLOH-MZII RELOADED don't accept to downgrade your grey matter. Assume and ignore are the magical key words.
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Huyu fala mtanzania wa kuuza nguo gikosh anajifanya kujua mob
 
Fools, Have you ever asked yourselves why Kenyan Banks Make Super profits in africa? Do you think its because they have a huge credit worthy base of SMEs and Individual customers?
I have told you and will tell you again, banks in kenya are all about doing business with the government, and this is through T-bonds mostly fast maturing 90 day bonds that are renewed immediatly they fall due. The government is always broke, KRA cannot collect enough money and most of it is eaten by corruption.Hence the government survives by borrowing from banks.
In other words, the single most profitable venture in kenyan banks is T bonds and consessional loans. We are borrowing eurobond to clear part of these consesional loans from baclays/ stanchart, These loans are paid using your Taxes,
So its very foolish for someone to wank over bank super profits when they are involved in eating our taxes.
 
COLLOH-MZII said:
Facts ni sifa za kijinga...lia kwa choo
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You are a fool, you regurgitate data without understanding it, and even worse, you come here to measure your dick with it.
Private lending by banks has consistently been falling from 2013. so where is this "new" business that banks are cashing in on? And why do you think Uhuru insisted that lending rates be below 14% per cent? you think it was for your CRB blacklisted ass? The new lucrative business my friend is called GoK. And loans obtained from banks is paid with your smelly 1027 bob you get paid to defecate here.
 
Mkikuyu- Akili timamu said:
You are a fool, you regurgitate data without understanding it, and even worse, you come here to measure your dick with it.
Private lending by banks has consistently been falling from 2013. so where is this "new" business that banks are cashing in on? And why do you think Uhuru insisted that lending rates be below 14% per cent? you think it was for your CRB blacklisted ass? The new lucrative business my friend is called GoK. And loans obtained from banks is paid with your smelly 1027 bob you get paid to defecate here.
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All the banks in this world do business with the government whats wrong with that?....why are you hurt dude....go back to your country tz
 
Mkikuyu- Akili timamu said:
You are a fool, you regurgitate data without understanding it, and even worse, you come here to measure your dick with it.
Private lending by banks has consistently been falling from 2013. so where is this "new" business that banks are cashing in on? And why do you think Uhuru insisted that lending rates be below 14% per cent? you think it was for your CRB blacklisted ass? The new lucrative business my friend is called GoK. And loans obtained from banks is paid with your smelly 1027 bob you get paid to defecate here.
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I agree with you [emoji817]% even here in Tanzania the trend is the same banks don’t do loans any more or buy shares all they do is trade With government Bonds for assured returns. I agree it’s niche business like for people who make decisions on money in the region.
 
COLLOH-MZII RELOADED said:
I know its painful since no Tanzanian bank made it in the top ten..swallow the bitter pill
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The hell? Am trying to advice you not to over ejaculate when you see "huge" bank profits from kenyan banks, You should know that its your taxes they collect in intrest payments because of your irresponsible govt is so corrupt all money is stolen before its even used
 
Mkikuyu- Akili timamu said:
The hell? Am trying to advice you not to over ejaculate when you see "huge" bank profits from kenyan banks, You should know that its your taxes they collect in intrest payments because of your irresponsible govt is so corrupt all money is stolen before its even used
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Its good I got shares in COOP bank and they are performing well....dividends per share increases every year..your opinions are just but opinions and can never be facts
 
Mkikuyu- Akili timamu said:
Ask those banks who is their biggest client..The broke ass kenya government! Whats their fav instrument they buy from tresury? fvck short end 90day T-bills to maximize their profits.
Tumia kichwa kwanza na ujue kwanini kenyan banks are most profitable in africa.
And the small matter of non performing loans? enda hapo uone maajabu, you will know who is killing SMEs in kenya.
Summary, tumia akili baba
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Tatizo kubwa la watz we are ignorant about commercial knowledge.
 
COLLOH-MZII RELOADED said:
Here are the top 10 most profitable banks in East Africa..its sad that only kenyan banks make it in the top 10 this proves that uganda,tanzania and Rwanda need to up there game.
1 (1) KCB Kenya’s largest bank. growing at 5% year, going to embrace digital in a few weeks. KShs 480 billion in assets, 19.2 billion in pre-tax profit, with Kshs 372 billion of deposits and Kshs 332 billion of loans

2 (2) Equity Bank. Kshs 380 billion of assets and 19.1 billion profit. Deposits grew 15% in the year but they have put most of that in government securities.

3 Cooperative Bank: Kshs 352 billion assets and 15 billion profit. Coop is using digital and agents to contain costs.

4 Standard Chartered: Kshs 264 billion assets and 10.7 billion profit.

5 Barclays: Still keen on growing in Kenya despite parent Barclays having to sell off the Africa unit. Growing at 10% a year, Kshs 264 billion assets and 8.7 billion profit.

6 Diamond Trust: Still growing at 20%, probably benefiting from the fallout at Imperial. Kshs 230 billion assets and 6.2 billion profit.

7 Stanbic: Shed the CFC part of the CFC-Stanbic name 10 years after the merger

8 Commercial Bank of Africa. CBA was the the largest bank by customer numbers, thanks to M-pesa powered M-shwari, but loans are flattening. Kshs 211 billion assets, 5.4 billion profit.

9 I&M Bank Made an After tax profit of 5.02 billion kenyan shillings

10 NIC bank. Kshs 156 billion assets, and 4.5 billion profits.

11. Citibank: breaks out of the top 10. Kshs 116 billion assets, and 4.1 billion profits.
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They do business with gvt officials...that is a sign of corruption
 
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