Episode 38: H1 2022 Bank Earnings

Welcome to the Mwango Capital Podcast where we discuss topical issues on African capital markets.

In this episode, we are joined by Solomon Kariuki - Research Analyst at AIB-AXYS Africa and Ronak Gadhia - Director, Frontier Banks at EFG Hermes as we look at Kenyan banks' first half of 2022 results.

We also discuss the key aspects of bank financials to pay attention to, the aggressive expansion by banks across the region, the implementation of the risk-based lending model, and banks’ poor performance in Tanzania and South Sudan.

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Show Notes

00:01:58 Becoming an analyst

00:04:01 Bank financial statements and business models

00:14:41 Non-performing loans (NPLs)

00:27:28 StanChart's growth in loans and advances

00:31:34 Aggressive expansion across the region

00:43:15 Investment in government securities

00:48:23 Risk-based lending

00:50:55 Fair value losses

00:57:40 Dividend payouts

01:04:36 Privatizing poorly performing government-owned banks

01:06:12 Poor performance in Tanzania and South Sudan

01:09:57 H2 ‘22 outlook

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