Kenyan Banks' Q3 2023 Results

In this episode recorded on 30.11.2023, we are joined by Ronak Gadhia, Managing Director, Banks at EFG Hermes Kenya, as we take a deep dive into the Kenyan Banks' Q3 2023 results.We also cover the Kenyan debt situation, subsidiary performance, dividend expectations, and the creation of bad banks to deal with non-performing loans.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction 00:01:00 Banks’ Q3 2023 Performance00:06:49 Kenyan Debt00:10:33 Loan Books, NPLs, and Provisions00:21:47 Subsidiaries, Acquisitions, and OpEx00:29:40 Non-Funded Income00:37:22 Quality of Earnings for Stanbic And StanChart00:43:42 Dividend Expectations00:47:07 Good Bank, Bad Bank00:50:50 NPL Management and Tier 1 Capital00:51:52 Q4 and Full-Year Outlook00:58:47 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe