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5 Pages«<345
Equity Bank 2020
Ericsson
#81 Posted : Thursday, November 19, 2020 11:10:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
VituVingiSana wrote:
FUNKY wrote:
https://www.newtimes.co.rw/news/kenyas-banking-tycoon-mwangi-build-kigali-financial-towers

Odd. Equity has steered away from owning real estate. I hope this isn't some sort of pressure from GoRw.


I am sort of confused here,is the center owned by James Mwangi or Equity Group
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#82 Posted : Monday, December 07, 2020 5:49:56 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
https://www.businessdail...bn-cash-flow-hit-3220590
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#83 Posted : Saturday, December 19, 2020 4:00:33 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
Equity bank has been caught in Tuskys who have defaulted in a debt worth more than a billion
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#84 Posted : Wednesday, December 23, 2020 12:02:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,375
Location: Nairobi
Balance Sheet

KShs 1,000,000,000,000+
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#85 Posted : Wednesday, December 23, 2020 10:48:32 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#86 Posted : Thursday, December 24, 2020 12:14:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,375
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
So?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#87 Posted : Thursday, December 24, 2020 12:57:53 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
So?


There was no need of making it,he could have waited for the FY results since it's not a material announcement.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ali Baba
#88 Posted : Thursday, December 24, 2020 7:51:24 AM
Rank: Member


Joined: 8/29/2008
Posts: 546
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
So?


There was no need of making it,he could have waited for the FY results since it's not a material announcement.

Come on, Equity has earned bragging rights. The first co to hit $10b mark
Angelica _ann
#89 Posted : Thursday, December 24, 2020 9:16:30 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,796
Ali Baba wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
So?


There was no need of making it,he could have waited for the FY results since it's not a material announcement.

Come on, Equity has earned bragging rights. The first co to hit $10b mark


@Erickson is team KCB smile. Am sure KCB has also hit 1T and is ahead of Memba!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#90 Posted : Thursday, December 24, 2020 1:20:16 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,375
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Balance Sheet

KShs 1,000,000,000,000+


No effect on share price.
So?


There was no need of making it,he could have waited for the FY results since it's not a material announcement.
So you do agree that there should be no effect on the share price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#91 Posted : Friday, January 01, 2021 10:41:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,274
Location: NAIROBI
Equity Group holdings plc has received regulatory approvals to merge Equity Bank Congo (EBC) and BCDC to form a new bank after acquiring 66.53% of BCDC.The new bank will be known as Equity Banque Commercial du Congo (EquityBCDC)

Equity holdings will own 77.5% shareholding of EquityBCDC

https://www.businessdail...two-banks-in-drc-3243774
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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