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Author Topic: WTF/ Bullsh@ of the Year Award goes to our banks complaining of idle capital!!  (Read 1830 times)

Offline gout

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WTF/ Bullsh@ of the Year Award goes to our banks complaining of idle capital!!
« on: March 02, 2015, 01:46:58 PM »
In such a capital deprived poor country running all over the world this is just bizarre coming from capital providers ..... must they lend to individuals (consumption) and MSEs which they have milked dry with unreasonable interest ... why not merge and fund national/regional projects or just of reasonably priced loans to cash constrained MSEs..

http://www.businessdailyafrica.com/Banks-left-with-idle-capital-after-fund-raising-campaigns/-/539552/2639464/-/item/1/-/b45ynlz/-/index.html

it gets more strange given business daily is carrying a story of Equity Afia where Mwangi is trying to offer practical solutions in healthcare given the billions we are taking to India, Europe, US

http://www.businessdailyafrica.com/Corporate-News/Equity-Bank-set-to-open-chain-of-health-clinics/-/539550/2639582/-/item/1/-/10ukax1/-/index.html
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline RV Pundit

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Re: WTF/ Bullsh@ of the Year Award goes to our banks complaining of idle capital!!
« Reply #1 on: March 03, 2015, 08:13:15 AM »
Indeed.
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