While posting and sharing across the prophecy of The LORD back then on 5th January 2016, I titled it as follows: ‘“Prophecy of a Financial and an Economic Crisis Coming to the Nation of Kenya, Leading to a Distress in the Banking Sector and Even The Stock Market”’
So, even the Stock Market Pricing (of Nairobi Stock Exchange) and related Share Earnings in relation to the Banking Sector has also been hit by this Financial and Economic Crisis just as the Prophecy of The LORD stated 3 months earlier, as has been reported in the news channels as follows on 8th April 2016: ‘“More than half of the listed financial institutions struggled to reach profitability as core earnings per share (EPS) declined, according to a new report. EPS is the portion of a company’s profit credited to each of the firm’s listed share. It is usually a marker of overall profitability registered by the listed firm. National Bank of Kenya (NBK), Standard Chartered, Housing Finance Group, CFC Stanbic, NIC and Barclays Bank of Kenya are six of the 11 listed companies whose core earnings were negative, according to the Cytonn Investments’ Banking Sector Report for year 2015. Cytonn surveyed 11 listed commercial banks.”’
7- East Africa Standard
Headline: Central Bank of Kenya acts to avert deeper crisis in banking sector
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