It paid Shs347bn for the 66.53% stake in a DRC bank Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has completed the acquisition of Banque commercial du Congo, (BCDC) in the Democratic Republic of Congo, further strengthening is foot print on the African market. This follows a …
Read More »Equity bank, FSDU to boost refugee’s livelihoods
Looming project will promote financial inclusion and economic prosperity Kampala, Uganda | JULIUS BUSINGE | Financial institutions are carrying out a study to inform potential investors about the viability of doing business in refugee settlement areas and host communities. Equity Bank, Financial Sector Deepening Africa, Financial Sector Deepening Uganda and …
Read More »Gov’t probes 13 top NGO accounts
Kampala, Uganda | THE INDEPENDENT | The Financial Intelligence Authority (FIA) has asked Equity bank for the account details of 13 non-governmental organizations to establish their source of their funding. They are Action Aid International Uganda, Citizens’ Coalition for Electoral Democracy in Uganda, Alliance for Campaign Finance Monitoring, Anti-Corruption Coalition Uganda, …
Read More »Equity Bank Uganda opens supreme branch in Bugolobi
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda Ltd has opened the latest Supreme banking branch on Luthuli Avenue right opposite Nice House of Plastics. Speaking at the official opening, Equity Bank Managing Director, Mr. Samuel Kirubi says the Supreme Branch is offering customized banking solutions with exclusive privileges. “At …
Read More »Equity Bank Uganda customers can now transact in Ethiopia
Kampala, Uganda | THE INDEPENDENT | Equity Bank with dominant presence in Uganda has set up a Commercial Representative Office in Addis Ababa, Ethiopia as it prepares to commence operations. The Bank has appointed Hassan Maalim as the Head of the Commercial Representative Office which will be based at Kazanchis-Addis Ababa …
Read More »Equity Bank gives Martyrs Day celebrations Shs20 million boost
Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd has made a Shs20 million donation to the organizing committee of the Martyrs Day celebrations as Ugandans and the world prepares to celebrate June 3, 2019. The celebrations are to last for a week. Equity Bank’s Marketing and Communications Manager …
Read More »Equity Bank’s expansion in Africa
The lender’s entry into Zambia and Mozambique will enhance trade between East and Southern Africa Kampala, Uganda | JULIUS BUSINGE | Equity Bank’s move to acquire banking assets of Atlas Mara in four African countries will create new opportunities for traders in the East African region, according to the bank’s …
Read More »Equity Bank partners with GOAL Uganda to empower youth
Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd and the DYNAMIC (Driving Youth-led Agribusiness and Microenterprise) program in their continued quest for financial inclusion have launched a partnership to bring access to formal financial services closer to the youth through Equity Bank’s agency banking and digital finance model. …
Read More »Equity Bank sees 2019 as good year
Kampala, Uganda | THE INDEPENDENT | Equity Bank is one of the 25 commercial banks offering financial services in Uganda. The Independent’s Julius Businge spoke to the Bank’s Executive Director, Anthony M. Kituuka on their strategy to deliver good growth in 2019 and beyond. What are your expectations in this New …
Read More »Five Equity Bank employees sentenced over embezzling sh4.6billion
Five employees of Equity Bank – Uganda have been sentenced to jail terms ranging from 5 to 12 years after the Anti-Corruption Court found them guilty of embezzling sh4.6 billion from their employer. Justice Margaret Tibulya has sentenced Abubakar Karungi to 12 years, David Sserwamba and Matthew Keeya have been …
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