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.
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Show Notes
00:00:00 Introduction
00:01:00 Banks’ Q3 2023 Performance
00:06:49 Kenyan Debt
00:10:33 Loan Books, NPLs, and Provisions
00:21:47 Subsidiaries, Acquisitions, and OpEx
00:29:40 Non-Funded Income
00:37:22 Quality of Earnings for Stanbic And StanChart
00:43:42 Dividend Expectations
00:47:07 Good Bank, Bad Bank
00:50:50 NPL Management and Tier 1 Capital
00:51:52 Q4 and Full-Year Outlook
00:58:47 Closing Thoughts
Kenyan Banks' Q3 2023 Results