Economic environment ? EQUITY BANK GROUP INVESTORS BRIEFING Globally, the economical environment in large economies remains fragile ? ? S&P wastegrades US, Italy, Greece, France, Portugal, Spain etc Euro-zone crisis; ? ? ? 2011 PERFORMANCE ? ? ? ? European banks trial out of cash and capital Severe budget cuts and another(prenominal) austerity measures fond welfare programs at risk, social tensions and excitements contract to fiscal union and consolidations Greeces continued membership in EU in question China Growth slowed down receivable to harsh inflation spell Political unrest in MENA region - Arab spring continues ...environment economic ? ... economic environment ? In Kenya, in like manner challenging microeconomic environment due to: ? Persistent mettlesome inflation which peaked at 19.72% in November 2011, now trending downwards Inflation drivers rising oil prices due to the Arab spring and lofty food prices due to severe drought KES currency capriciousness - mainly from the widening of the current account balance due to increasing import bill prompted by oil, food and the Euro crisis. laid-back interest rate regime - CBR at 18% and 91 days T-bill pass judgment over 20% In the Eastern Africa region, there is a mixed bag of economic news: ? High Inflation in EA at declination 2011, Kenya inflation stood at 18.

9%; Ugandas at 27%, Tanzania at 19.8% while Rwanda was at 8.3%, Ethiopia 42% GDP growth rates in EA for 2011 Kenya 4.5%; Uganda 5.2%; Tanzania 7.1%; and Rwanda was 8.8% Projected GDP growth rates in EA for 2012 - Kenya 5.3%; Uganda 5.6%; Tanzania 7.5%; and Rwanda was 7.5% Emerging opportunities in South Sudan following independent location in 2011 4 ? ? ? ? ? ? Strategic Pursuit 1. 2. Strategic Pursuit....... 6 Evolution of communication channel model to inclusive finance 7. Consolidation of Regional enlargement 8. Enhancing risk management 9. Cost management 10. People -capacity building 6 3. 4. 5. Social economic transformation of... If you want to get a ample essay, order it on our website:
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