Episode 38: H1 2022 Bank Earnings

Welcome to the Mwango Capital Podcast where we discuss topical issues on African capital markets.In this episode, we are joined by Solomon Kariuki - Research Analyst at AIB-AXYS Africa and Ronak Gadhia - Director, Frontier Banks at EFG Hermes as we look at Kenyan banks' first half of 2022 results.We also discuss the key aspects of bank financials to pay attention to, the aggressive expansion by banks across the region, the implementation of the risk-based lending model, and banks’ poor performance in Tanzania and South Sudan.Subscribe to get notified when we make a new post.Show Notes00:01:58 Becoming an analyst00:04:01 Bank financial statements and business models00:14:41 Non-performing loans (NPLs)00:27:28 StanChart's growth in loans and advances00:31:34 Aggressive expansion across the region00:43:15 Investment in government securities00:48:23 Risk-based lending00:50:55 Fair value losses00:57:40 Dividend payouts01:04:36 Privatizing poorly performing government-owned banks01:06:12 Poor performance in Tanzania and South Sudan01:09:57 H2 ‘22 outlook Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe