In Kenya, CBK regulates where banks can invest depositors funds.That’s why banks like big banks like KCB don’t own buildings.
A bank will also not invest in stock
i didnt know kumbe cbk is that tight
NIAJE @aviator
Poa ango.
Sasa kencom building na ile inajengwa upperhill ni ya nani? Kuna kitu hujaeleza vizuri.
Kencom na iyo building ya upperhill ni ya KCB Pensioners. This is different from KCB the Bank
Staff pension/provident fund/scheme perhaps?
treasury square kcb? coop house (bomblast), barclays plaza? stanchat house? i think kuna exception to the buildings they operate. Ni vile tu they cant invest in real estate as an alternative revenue stream
This is rather misleading and untrue
They CAN invest in real estate. It is the extent that is regulated
give me an example? sijawai skia
Drive along westlands rd, you’ll spot atleast 3 self-owned buildings.
Sometimes they use holding companies to venture into undertakings that may otherwise be prohibited/limited by the regulator
musings musings musings musings…wakenya na kumisuse the next new word…useless