kingdom bank

[wrongturn]

how banks ferk Kenyans.

 

[Cortedivoire]

Customers are high risk investment than government bond

 

[Aviator]

Is anything wrong with this?

 

[Okiya]

Is anything wrong with this?

Everything is wrong with that. Government gives money from your taxes to a bank with the intention of helping other tax payers, but the bank lends the money back to the government at an interest which the taxpayer has to pay.

In other countries, the CEO's job would now be on the line. But Kenyans are resilient

 

[X-TRAIL]

Shait

 

[Aviator]

Everything is wrong with that. Government gives money from your taxes to a bank with the intention of helping other tax payers, but the bank lends the money back to the government at an interest which the taxpayer has to pay.

In other countries, the CEO's job would now be on the line. But Kenyans are resilient

Well explained

 

[wrongturn]

Is anything wrong with this?

And you're a voter in Kenya. Sasa mama mboga atasema nini kama well learned Kenyans can't read and understand how banks are ferking them.

 

[Aviator]

And you're a voter in Kenya. Sasa mama mboga atasema nini kama well learned Kenyans can't read and understand how banks are ferking them.

Wacha swip

 

[Clemens]

Nothing will happen to this guys since they're millionaires and billionaires, wacha Kamau aibe chapo ya 20 bob alone.

 

[Sabuni]

Does it make economic sense ? YES
Is it ILLEGAL ? not quite.