Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Planning to invest in the NSE? Consider these top picks for 2014

1. National Bank

Positives:  The new CEO’s strategy for the company has started to pay off, enabling NBK become more competitive. In the third quarter of 2013, the bank announced a net profit of Sh880.1 million compared to Sh402.3 million in a similar period a year earlier, a 118.7 per cent growth. The bank planned to open 10 branches by the end of 2013, create foreign subsidiaries and seek a larger share of the corporate debt market. It also plans to hold a Sh10 billion rights issue in 2014 to raise money to bankroll its domestic and regional expansion strategy. The bank is coming from a low base, it has a lot of upside potential

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News