NBK says its 2015 profit will be at least 25 per cent lower than the previous year hurt by an increase in bad loans.
But at least it’s a profit non the less.
Its time it’s restructured before they post a loss
KQ walianza ivo tu
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Hehe
On 24th May 2013, the bank rebranded and changed its logo and colours from the predominately green to yellow as part of strategy. This is part of the bank’s 5 year transformation strategy to become a top tier bank by 2017. The new slogan is “Bank on Better”. This is a brand promise to customers, shareholders as well as stakeholders.
The Bank is also embarking on set to increase coverage through branch network from current 75 to 120 and to boost the Agency Banking network to 2,000 agents by 2017.
See below a familiar script:
In 2013, Kenya Airways revealed a 10 year strategy dubbed “project mawingu”. The project aimed at operating 119 aircraft and increasing its destinations to 115 routes in 77 countries in six continents by 2021.
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Bad loans? Ni kama hiyo movie ya the big shot about the 2008 crisis?
Regime change is here. It is time for 30 yr old CEOs who will take risks.
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Whats up with any org linked to the government?
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Si zote, Kenya Re and Kengen have posted good results
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Nbk walikuwa wanapeana loans kama sweets around 4 yrs ago to all n sundry.
The same NBK almost collapsed during the Nyayo error due to mismanagement and bad loans. It had to depend on the government for survival, it seems they never learnt anything from history.
Marambii did a fairly good job taking the darned thing out of damnation. Nigga must be turning in his grave.
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It took a while but he really did well.
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There is a branch near where I live. Most of the times I go to load mpesa thinking that being a bank they cant kosa float.
90 % of the time they have no mpesa float at all.