Taifa_Kwanza
JF-Expert Member
- Sep 3, 2010
- 443
- 86
Guys
I have quickly reviewed the Financial Reports for 1st 2011 Quarter for Barclays Bank
and found some elements for things not going okay in there.
Tota assets have shrank for 6.5% while Assets foralmost all other Banks have increased.
The only Assets which have increased are other assets, cheques and other items for
for clearance and significantly deposits with BOT, deposits with BOT are likely to have increased
because of the riskness of the bank otherwise BOT will not push a bank to make additional
deposit with him.
Its Cash holding has also decreased by 41% which is an indication of liquidity problems.
Deposits from other Banks have decreased by 925%, this is a serious decrease
and must be the major indicator of things being worse in there if it is taken that,
other banks are not confortable having their funds with Baclays Bank. this must
worry every other depositor.
Unlike all other Banks I have reviewed, it is the only bank which has made loss.
Be aware of this please
Mkuu nadhani hii sio sababu.Kwani si Barclays Tanzania ndio wamenunua NBC isipokuwa Barclays kwa ujumla imeinunua ABSA bank ya Afrika ya kusini na ABSA ndio waliowekeza kwenye NBC. Kwa hiyo kuna mahusiano ya aina hiyo.Si mtaalam wa mambo ya makapuni ningeweza kutoa ufafanuzi zaidi lakini nadhani wataalam wapo watatufafanulia mahusiano haya.Wameporomoka sana na ili kurudi ulingoni wameinunua NBC ili kuleta ushindani
Guys
I have quickly reviewed the Financial Reports for 1st 2011 Quarter for Barclays Bank
and found some elements for things not going okay in there.
Tota assets have shrank for 6.5% while Assets foralmost all other Banks have increased.
The only Assets which have increased are other assets, cheques and other items for
for clearance and significantly deposits with BOT, deposits with BOT are likely to have increased
because of the riskness of the bank otherwise BOT will not push a bank to make additional
deposit with him.
Its Cash holding has also decreased by 41% which is an indication of liquidity problems.
Deposits from other Banks have decreased by 925%, this is a serious decrease
and must be the major indicator of things being worse in there if it is taken that,
other banks are not confortable having their funds with Baclays Bank. this must
worry every other depositor.
Unlike all other Banks I have reviewed, it is the only bank which has made loss.
Be aware of this please
Poor management, kuajiri kwa kujuana, na sio kwa kitaaluma. Poor control system, imesababisha wizi ktk bank, hasa wafanyakazi wao wakishirikiana na wateja. Bot wanaiangalia kwa jicho la tatu, ndio maana reserve katika bot imeongeza, mwelekeo wa bank sio mzuri.
On top of that, ni bank inayofrustrate staff kuliko bank yoyote hapa nchini. Turnover ni kubwa na sijui HR department inafanya kazi gani lakini nasikia HR pia wanatumiwa tu hakuna jipya wanalosaidia bank. Nasikia Head wa compliance na msaidizi wake wameacha kazi most recently. Si hao tu wafanyakazi wa chini ndiyo usiseme kila siku wana resignation letters za staff wanaokwenda bank ndogo tu zinazoanza. Ukiwa na frustrated staff unategemea nini zaidi ya wizi na underperformance?
Ajira za chupiiiii ndiyo usiseme!!!
I am not sure if this figure is correct that deposits from other banks have decreased by 925%? Can someone make sense of what this percentage figure means?