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15 Pages«<131415
Potential merger NIC + CBA
Ericsson
#281 Posted : Friday, January 01, 2021 1:00:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 9,521
Location: NAIROBI
https://businesstoday.co...-of-boardroom-veterans/

Jeremy Ngunze and Livingstone Murage exit
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#282 Posted : Tuesday, January 05, 2021 10:24:32 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,436
Location: Nairobi
https://www.businessdail...atform-contract-3247192
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
quicksand
#283 Posted : Tuesday, January 05, 2021 3:13:19 PM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,058
Location: Nairobi

This is gonna fail hard
Ericsson
#284 Posted : Sunday, January 31, 2021 9:54:45 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,521
Location: NAIROBI
https://www.businessdail...l-bus-financing-3270980

NCBA Bank is targeting schools with a new financing deal to meet transport demand amid a reduction in buses’ carrying capacity due to coronavirus.

This comes on the back of a requirement restricting school buses to utilise half of their normal capacity.

Under the financing deal, private schools will enjoy up to 72-month repayment period on buses bought from Isuzu East Africa. The NCBA loans have an interest rate of 13 percent.

The financing deal was arrived at following a consultation with 822 schools under the Kenya Private Schools Association (KPSA) umbrella.

“This programme provides a versatile payment solution that will enable schools to acquire new buses to meet their transport needs,” KPSA National Chair Mutheu Kasanga said during the unveiling of the partnership.

Clients will also enjoy a one-term repayment holiday.

Similarly, they will be able to acquire buses on long term leases of between two to five years without any upfront charges.

NCBA’s asset finance and business solutions acting Group Director Lennox Mugambi said buses will also be insured at a discounted rate of 3.8 percent by the NCBA Insurance Agency.

“As the leader in asset finance, we are keen to offer learning institutions financial solutions that will give them resilience to recover after nearly 10 months of closure,” Mr Mugambi said.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#285 Posted : Monday, March 29, 2021 9:33:24 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,521
Location: NAIROBI
Ericsson wrote:
Ericsson wrote:
NCBA Quarterly performance in 2020
Q1--2.46bn
Q2--1.45bn

Q3---loss of 120mn

Q4---1.19bn
FY2020 profit KES.4.98bn

https://pbs.twimg.com/me...rmat=jpg&name=large

https://pbs.twimg.com/me...mat=jpg&name=medium

https://www.nse.co.ke/ph...ar-ended-31-dec-2020.pdf
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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