Rumours going round that Prime Bank may go down. Investors pulling out because the owners/owner of Prime Bank had a 45% stake in Crane Bank which is currently in receivership.
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ni trust au prime?
Noted and corrected.
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Chezea chini. What you’ve put here can land you in very deep shit!
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Ni hekaya tunapatiwa hapa over some veve by some connected dude, labda ni handas zinamrarukia.
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And he cannot pinpoint the nearest branch of the said bank…
I believe he knows what he’s saying, a lot of insider info.
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story was in the nation some time this week,
https://www.google.com/amp/www.nation.co.ke/business/Kenyan-tycoon-on-the-spot-after-Uganda-bank-collapse/996-3443590-view-asAMP-xb1sv/index.html?client=ms-android-wiko
The article in the NMG paper never talked/wrote about the bank going down… for obvious reasons! Actually the only thing that holds a bank in one piece is trust…by it’s account holders. If this trust is broken, for reasons including insinuations like what we have up there, a run on the bank won’t last even for half a day before it’s collapse.
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hope u wont be hunted down by its head honchos
Good info right there thanks!
I bank with Barclays
Siku hizi umekuwa receiver manager of collapsed companies.
That said you made me call a client who banks with Prime Bank to give him the heads up so that his funds can be secured elsewhere and I can continue getting his cheques next month when I need it most.
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Chase Bank kityo! For those who dare