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Is KCB in trouble? (KCB rights issue)

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Semilong, Jul 17, 2010.

  1. Semilong

    Semilong JF-Expert Member

    #1
    Jul 17, 2010
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    In 2008 most of American and European banks were seeking money from either govts or private to shore up their delapilated reserves.
    Sasa ni KCB, kuna nini?
    Nani ana underwrite hizi shares... incase the shares are not taken
     
  2. Steve Dii

    Steve Dii JF-Expert Member

    #2
    Jul 17, 2010
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    Can you pls give a brief background to KCB. Thanks.
     
  3. Semilong

    Semilong JF-Expert Member

    #3
    Jul 17, 2010
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    KCB is commercial bank with its hq in Nairobi. It recently changed its name from Kenya Commercial Bank to KCB bank so as to remove the word kenya. the word KCB is more appealing to east africans than its predecessor.
    KCB has branches in kenya, TZ, Ug and sudan.

    more can be found on KCB Kenya - Historical Background

    inaonekana bank ina matatizo ya kifedha kwa hiyo inahitaji more money.
    hii kitu imefanywa na banks such as RBS, HBOS, barclays na lloyds walivyokuwa na matatizo.
    this is what happened to HBOS

     
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