The lender has also recorded a surge in operational expenses during the same period under review Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded a huge surge in profits amidst the multi-faceted Covid-19 pandemic crisis of health, economic disruption and humanitarian challenges. Latest financial results …
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Equity Group Holdings plans Trans-Africa expansion with $100 Million (Ksh 11 Billion) loan from the African Development Bank (AfDB) ✳️ AFDB facility will support Equity’s expansion in East and Central Africa and ensure MSMEs have access to capital to recover and thrive in a Post COVID-19 Environment ✳ The …
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Nairobi, Kenya | THE INDEPENDENT | Equity Group has reported giving out 30% more loans than the previous year, as it supports companies seeking new opportunities as they recover from the COVID-19 lockdown. This has been possible as customer deposits grew from Kshs478 billion ($4 billion) to Kshs 691 billion ($6.3billion), …
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Nairobi, Kenya | THE INDEPENDENT | Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was on September 9 honored with the prestigious 2020 Oslo Business for Peace Award. “Dr. James Mwangi receives the Award for his business-worthy …
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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 …
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Nairobi, Kenya | THE INDEPENDENT | The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion ($88 million) dividend payout to its shareholders. According to a statement, Equity states that “the …
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A mix of politics, music, culture at YouLead Summit 2019 Kampala, Uganda | IAN KATUSIIME | Over 250 youth from Uganda, Kenya, Tanzania, Burundi, Rwanda and South Sudan who converged in Arusha, Tanzania for the 2019 YouLead Summit were urged to rise up, take leadership roles and political power to …
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Equity’s refresh geared towards leveraging on the brand’s global capability, strong heritage, internal talent assembly and agile business model to scale across demographic segments in Africa Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings Plc has launched a new brand identity that reflects a streamlined financial services provider positioned as …
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