H1 2023 Bank Earnings

In this episode recorded on 13.09.2023, we host Eric Musau - Executive Director, Research at Standard Investment Bank and Ronak Gadhia - Managing Director at EFG Hermes Kenya to dissect Kenyan banks' H1 2023 earnings.We also cover the banks’ non-performing loans, the forex market, and the future outlook.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:01:56 High-Level Thoughts on the Results00:06:20 Loan Books00:10:18 NPLS00:24:06 International vs Local Banks00:29:57 FX Market and Gov’t Securities00:34:25 Capital Allocation00:39:43 Eurobond, Credit Rating, and Outlook Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe