Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Friday, Aug 18, 2017
NellyData
LATEST DISCUSSIONS
Nakumatt: Another ailing Kenyan company [370]
Portfolio Balancing: Avoid Over Exposure To Financ... [96]
HFCK HY2017 [8]
Housing Finance: HFCK a diamond in the rough [1789]
CFC Stanbic 1HY17 [9]
TP Serena EA Ltd HY17 [18]
KQ or KENGEN [31]
CIC HY 2017 PBT UP 28% [44]
Coop Bank - Stocksmaster's 1st Play 2013 [723]
CO-OP BANK HY2017 [5]
directional forecast [1644]
Kenya Airways...why ignore.. [8329]
Law Capping interest rates [2305]
Market Direction with Election [143]
BRITAM FY2016 [40]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

36 Pages«<3031323334>»
Chase Bank loss...another case of cooking the books?
Spikes
#621 Posted : Monday, June 20, 2016 6:37:08 PM
Rank: Veteran


Joined: 9/20/2015
Posts: 1,931
Ericsson wrote:
@KulaRaha
Nowadays iko CRB.Try defaulting a loan then your name and details are forwarded there.
To clear your name is a hurdle you wouldn't want a repeat



@Ericsson nielezee how CRB works. Ninaandwa na HELB vibaya sana.
John 1:46 "Nazareth! Can anything good come from there?" Nathaniel asked ."Come and see," said Philip.
Ericsson
#622 Posted : Tuesday, June 21, 2016 10:32:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,354
Location: NAIROBI
If you default in a loan;the creditor forwards your details to credit reference bureau.
Once it's there the information then circulates to other potential creditors will know you have defaulted in a loan and therefore a bad debtor.
When you go them to request for credit they will either put stringent terms or reject your application till you clear with CRB.
phytovydetox
#623 Posted : Friday, June 24, 2016 6:43:18 PM
Rank: Hello


Joined: 6/24/2016
Posts: 2
The American-based organization believes martial arts is incredibly important to building self-respect and respect for others. The emphasis on respect results in an environment free of heckling and name calling, jeff lipton permanent value.
Ethiteri
#624 Posted : Friday, June 24, 2016 6:57:00 PM
Rank: Member


Joined: 2/4/2016
Posts: 175
Location: Global
phytovydetox wrote:
The American-based organization believes martial arts is incredibly important to building self-respect and respect for others. The emphasis on respect results in an environment free of heckling and name calling, jeff lipton permanent value.



?????
KulaRaha
#625 Posted : Thursday, August 18, 2016 1:02:19 PM
Rank: Elder


Joined: 7/26/2007
Posts: 5,848
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.
Business opportunities are like buses,there's always another one coming
Obi 1 Kanobi
#626 Posted : Thursday, August 18, 2016 1:55:01 PM
Rank: Elder


Joined: 7/23/2008
Posts: 2,868
KulaRaha wrote:
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.

I think this is more PR, nobody is touching this institution unless its sold, rebranded and the board reformed
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
KulaRaha
#627 Posted : Thursday, August 18, 2016 2:08:31 PM
Rank: Elder


Joined: 7/26/2007
Posts: 5,848
Obi 1 Kanobi wrote:
KulaRaha wrote:
Now Chase has the go-ahead to lend. What happens to all those funds stuck in the bank?

What a dumb move.

I think this is more PR, nobody is touching this institution unless its sold, rebranded and the board reformed


However CBK reports Chase opened a few thousand new accounts, putting a few thousand new customers at direct risk. Does CBK know what its doing? Or do they want the disaster to get bigger?
Business opportunities are like buses,there's always another one coming
washiku
#628 Posted : Monday, September 05, 2016 12:47:43 PM
Rank: Chief


Joined: 5/9/2007
Posts: 12,519

A forensic audit on the operations of Chase Bank before it was put under receivership will be out today, The Standard has learnt. KPMG South Africa is expected to hand over the audit report to Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC).
Read more at: http://www.standardmedia...chase-bank-audit-report





KulaRaha
#629 Posted : Monday, September 05, 2016 1:19:46 PM
Rank: Elder


Joined: 7/26/2007
Posts: 5,848
IN an environment where yields and costs are prescribed, who will buy this bank?
Business opportunities are like buses,there's always another one coming
alotoftalk
#630 Posted : Tuesday, September 06, 2016 1:54:38 AM
Rank: Member


Joined: 8/27/2015
Posts: 124
Location: Harare
This report should be made public so that everyone can see where the skeletons in our banking system are hidden.
Investment philosophy development in progress...
Bigchick
#631 Posted : Tuesday, December 06, 2016 4:15:06 PM
Rank: Elder


Joined: 2/8/2013
Posts: 2,901
Location: At Large.
@Maka and the " Fisis" who bank with Chase just to see the gals,where are we with our SME Bank?Any update on take over?

How is the customer service?What did the SA auditors find out?

The hype seems to have died and the silence is unnerving the huge depositors.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Angelica _ann
#632 Posted : Tuesday, December 06, 2016 4:19:14 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,171
Bigchick wrote:
@Maka and the " Fisis" who bank with Chase just to see the gals,where are we with our SME Bank?Any update on take over?

How is the customer service?What did the SA auditors find out?

The hype seems to have died and the silence is unnerving the huge depositors.

You used to have first hand 'update ... gossip' on the shenanigans on there, what happened? smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Bigchick
#633 Posted : Tuesday, December 20, 2016 7:51:00 PM
Rank: Elder


Joined: 2/8/2013
Posts: 2,901
Location: At Large.
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Angelica _ann
#634 Posted : Tuesday, December 20, 2016 8:04:31 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,171
Bigchick wrote:
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.

He was just an employee like the rest of staff. Worked with him at Coop Bank, a very nice boss.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Bigchick
#635 Posted : Tuesday, December 20, 2016 9:14:09 PM
Rank: Elder


Joined: 2/8/2013
Posts: 2,901
Location: At Large.
Angelica _ann wrote:
Bigchick wrote:
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.

He was just an employee like the rest of staff. Worked with him at Coop Bank, a very nice boss.



So a Director is equal to just an employee?
I beg to differ.He wad right in the mix of chewing our meagre savings.Why was he shown the door at Chase?

Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Angelica _ann
#636 Posted : Tuesday, December 20, 2016 9:30:08 PM
Rank: Elder


Joined: 12/7/2012
Posts: 7,171
Bigchick wrote:
Angelica _ann wrote:
Bigchick wrote:
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.

He was just an employee like the rest of staff. Worked with him at Coop Bank, a very nice boss.



So a Director is equal to just an employee?
I beg to differ.He wad right in the mix of chewing our meagre savings.Why was he shown the door at Chase?


Yawa Director title was used at Chase Bank herein to denote Head of function who were SMT members reporting to the MD, the thug who collapsed and died. Even Coop Bank uses those titles, I think even BBK etc. Stop the hating sis.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
2012
#637 Posted : Wednesday, December 21, 2016 7:43:42 AM
Rank: Elder


Joined: 12/9/2009
Posts: 4,951
Location: Nairobi
Questions;
1. Is it true that the KCB deal fell through?

2. Why are customers still depositing money into this bank yet it has not paid the customers it owes money to? Where is the wisdom I'm failing to see here???

No matter how dirty your past is, your future is still spotless.
Bigchick
#638 Posted : Wednesday, December 21, 2016 9:58:21 AM
Rank: Elder


Joined: 2/8/2013
Posts: 2,901
Location: At Large.
Angelica _ann wrote:
Bigchick wrote:
Angelica _ann wrote:
Bigchick wrote:
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.

He was just an employee like the rest of staff. Worked with him at Coop Bank, a very nice boss.



So a Director is equal to just an employee?
I beg to differ.He wad right in the mix of chewing our meagre savings.Why was he shown the door at Chase?


Yawa Director title was used at Chase Bank herein to denote Head of function who were SMT members reporting to the MD, the thug who collapsed and died. Even Coop Bank uses those titles, I think even BBK etc. Stop the hating sis.


No hating here dada.I have no reason to.Just following issues as they are.

Why was he shown the door? Several other "heads of departments/Directors" are still in office.Why him?

My point is those Directors messed depositors big time and its wrong for them to have moved to new jobs before Chase is solved.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
2012
#639 Posted : Wednesday, January 11, 2017 9:38:29 AM
Rank: Elder


Joined: 12/9/2009
Posts: 4,951
Location: Nairobi
What's happening with Chase Bank? This matter has gone too silent.

No matter how dirty your past is, your future is still spotless.
Swenani
#640 Posted : Wednesday, January 11, 2017 10:07:07 AM
Rank: User


Joined: 8/15/2013
Posts: 11,470
Location: Vacuum
Bigchick wrote:
Former Director of Chase Bank now CEO of KIE. Link Business Daily 20th Dec 2016.

I thought they are barred from holding any public office unless its their own office.


Only applied to Directors at governance level not management level
"If you're tired of arguing with strangers on internet, try talking to one of them in real life"-Barack Obama 10th January 2017
Users browsing this topic
Guest (2)
36 Pages«<3031323334>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2017 Wazua.co.ke. All Rights Reserved.