Kenyan banks beat global peers in profitability despite rate caps

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[li][LIST][/li][li]London-based Financial Times newspaper says in its 2018 report that Kenya’s three largest lenders, KCB , Equity Bank and Co-operative Bank are among the world’s top 20 in terms of return on assets (RoA).[/li][li]RoA is a measure of a company’s profits against its total assets, and is used to measure how effectively a firm is utilising its assets to generate income.[/li][li]The Kenyan banks have, however, ranked low in the overall Top 1,000 Banks of the World 2018 report, coming in at positions 799 (Equity), 809 (KCB) and 951 (Co-operative Bank).[/li][/ul]
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https://www.businessdailyafrica.com/news/Kenyan-banks-beat-global-peers-in-profitability-despite/539546-4797990-tq64jw/index.html

MMNN:
According to the Central Bank of Kenya’s Financial Sector Stability Report, Non-Performing Loans (NPL) ratio for digital loans extended by banks is higher than that of the entire bank loan portfolio.

Hehe…digital loans are bad news coz even the vetting is not as good and I think because they are smaller amounts, people don’t take them seriously and banks are also not very aggressive with these small amounts but the net effect is huge.

think i read somewhere eti kuna 500k kenyans kwa CRB

I think just CRB is like HIV, Kenyans were scared stiff of it at first but over time they have gotten used to it.

kenyans = kubreak rules

kuna kafindeo kule mukuru a shiny eye woman akipigiwa na branch kudaiwa, how she answers in perfect somali left me in stitches

Until you realise that it can be a major impediment to your progress.

wakenya wengi hatuonangi mbele.

Labda ukitafuta job. Lakiji kama ninkupata mkopo, nitafute nikuonyeshe ujanja.