Tag Archives: Equity Group

  Equity Bank Rwanda, Tanzania, Uganda, and DRC all recorded impressive growth in returns with market almost doubling Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings Plc has reported a robust 17% increase in net profit to Kshs 48.8 billion for 2024, as the Nairobi-based regional lender capitalised on a …

Equity Group reports US$468.7 million profits before tax, driven by strategic diversified growth ✳ Proposed dividend per share of UgSh120 – a payout ratio of 34.5% ✳ Earnings per share increased by 11% to UgSh348 ✳ Asset quality improves by 100 basis points from Q1 2024 to Q4 2024. ✳ …

The recent fourth edition of Equity Group’s Trade Mission, held in Kinshasa and Lubumbashi, brought together delegates from East Africa, including Kenya, Uganda and Tanzania Kinshasa, DRC | THE INDEPENDENT | The Democratic Republic of Congo (DRC), with its immense natural resources and dynamic economic sectors, is fast becoming a pivotal …

Earnings per share grew by 13% to Kshs. 10.4 Quarter three profit after tax up by 13% to Kshs.40.9 billion Deposits grew by 9% to Kshs.1.3 trillion Regional businesses contributed 48% of total assets and 51% of profit before tax for the period Total Assets grew to reach Kshs.1.7 trillion …

  Nairobi, Kenya | THE INDEPENDENT |  Equity Group has unveiled its third annual sustainability report for the year 2023, themed “A sustainable world is a transformed Africa.”  The theme points to the significant role that global substantiality practices can have on transformation of the African continent, a challenge that …

Nairobi, Kenya | THE INDEPENDENT |  Equity Group Holdings has proposed a record dividend of Kshs.15.1 billion for a second year running. While releasing the 2023 full year financial results Dr. James Mwangi, Group Managing Director and CEO said. “The Kshs. 4 per share dividend amounts to a 36% payout of …

Nairobi, Kenya | THE INDEPENDENT | Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi has commissioned the airlift of 98 scholars who have secured admission and scholarships to join 52 global universities located in 18 countries. The scholars are drawn from the Equity Leaders Programs in four countries – Kenya …

Shareholders with more than 12.5% shareholding to nominate a Director Equity Group Foundation to nominate a Director to the Board. Up to three Executive Directors to sit on the Board. Group to pay out 30% to 50% of its Profit After Tax as dividends to shareholders Nairobi, Kenya | THE …

  Net profit contribution from the business outside Kenya grew to 28% compared with 18% in the previous year Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded 11% drop in profit after tax to Shs 684 bn for the year ended Dec.2020 citing effects of …