NAIROBI, Kenya, Dec 30- Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). This follows EGH’s acquisition of 66.53 percent shareholding of BCDC from the family of […]
Tag: equity group holdings
Rwanda: Equity Rwanda Named Bank of the Year 2020
Equity Bank Rwanda has received the Bank of the Year Rwanda 2020 award by The Banker, during the Bank of the Year Awards. The Bank of the Year Awards 2020 by the Banker, a monthly international financial affairs publication owned by The Financial Times Ltd, is a continental awarding showpiece that recognizes and acknowledges excellence […]
Congo-Kinshasa: Equity Gets Approval to Merge DRC Subsidiaries Into New Bank Branches
Equity Group Holdings has received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commercial du Congo (BCDC) to form DR Congo’s second largest lender by assets. The new bank, to be known as Equity Banque Commercial du Congo (Equity BCDC), holds more than $2.5 billion worth of assets, 74 branches and has a […]
Equity Group Holdings to merge with Banque commerciale du Congo
Banque commerciale du Congo. PHOTO | COURTESY Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). “This is an important milestone and a great new year gift […]
Rwanda: Equity Rebrands, Diversifies Into Insurance
Equity Bank Rwanda on Wednesday unveiled its new brand identity as part of Equity Group Holdings Plc transformation which will see them diversify beyond banking operations. The lender will now be branded as Equity Rwanda. According to Hannington Namara, the Managing Director of Equity Bank Rwanda, the group is rolling out insurance services starting with […]
Equity Uganda launches new brand identity for sustainable growth
Equity Uganda, a subsidiary of Equity Group Holdings, has today unveiled a new brand identity in line with the Group’s ongoing transformation journey. The new identity is aimed at creating a sustainable growth path and service delivery in today’s dynamic financial services environment. With the new identity, Equity Uganda will present itself as a unified […]
Equity bank Congo merger with Banque Commercial du Congo approved
Equity Banque Commercial du Congo is set to be the second largest bank in Democratic Republic of Congo with a Balance Sheet of 2.5billion dollars. This comes after the regulatory approval allowing the merger of Equity Bank Congo and Banque Commercial du Congo. Equity Bank currently has operations in Kenya, Rwanda, Uganda, Tanzania, South Sudan, […]
Equity rebrands, diversifies into insurance
Equity Bank Rwanda officials in a group photo after the rebranding event on December 30. / Photos: Dan Nsengiyumva. Equity Bank Rwanda on Wednesday unveiled its new brand identity as part of Equity Group Holdings Plc transformation which will see them diversify beyond banking operations. The lender will now be branded as Equity Rwanda. According […]
Equity Bank Congo, BCDC gets regulatory nod for merger
Equity Bank headquarters in Nairobi/FILE Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). This follows Equity’s acquisition of 66.53 per cent shareholding of BCDC from the […]
Uganda: Equity Makes History, Hits Trillion-Shilling Balance Sheet
Nairobi, Kenya — Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in Eastern and Central Africa to cross this mark. The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform. The one trillion mark by Equity lifts the visibility of the financial sector in […]