Nairobi — Equity Group has announced the appointment of Samuel Onyango as a Non-Executive Director to its Equity Bank (Kenya) Limited (EBKL) Board. According to the lender, Onyango has an extensive leadership experience in a wide range of professional services as a Certified Auditor, Company Secretary, Arbitrator, and Mediator, including his contribution to the development […]
Tag: equity group holdings
Bank of the Year Awards 2020 – Africa
Algeria Citi Algeria In Algeria, an already unstable political and economic environment has been made even more challenging by the Covid-19 outbreak. Citi Algeria has responded by engaging even more closely with selected clients while maintaining a healthy balance sheet. It has also been using technology to add value to client services. Efficiency and caution […]
Equity : Appoints Samuel Onyango as a New Director to the Kenya Board
Equity Group has announced the appointment of Samuel Onyango as a Non-Executive Director to its Equity Bank (Kenya) Limited (EBKL) Board. According to the lender, Onyango has an extensive leadership experience in a wide range of professional services as a Certified Auditor, Company Secretary, Arbitrator, and Mediator, including his contribution to the development of the […]
FEATURED: Equity Group feted for support to SMEs
Equity Group Holdings has been feted for consistent commitment towards supporting medium and small-scale businesses across the region. The bank was awarded the 2020 SME Bank of the year – Africa Award at the Global SME Finance Awards virtual Gala. Speaking on receiving the award, Equity Group MD and CEO Dr. James Mwangi noted that […]
Equity Group offers 30% more loans, Uganda deposits up 50%
Equity Group Managing Director and CEO Dr James Mwangi has announced positive results for Quarter 3. 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 […]
Equity Group grows loan book despite pandemic
Equity Bank Customers at the headquarters on October 5, 2020. / Dan Nsengiyumva Equity Group has reported a 30% growth in its loan book as at 30th September 2020. While releasing the results for Q3 2020, Dr. James Mwangi, Group Managing Director and CEO said, “We grew our loan book by 30% year on year […]
Atlas Mara: What went wrong with the bank of Bob Diamond and Ashish Thakkar
Nkosana Moyo independent non-executive director of Old Mutual plc, African media expert Biola Alabi, British journalist Adrian Finighan, Nigeria’s Finance Minister Ngozi Okonjo-Iweala and Bob Diamond, director and co-founder of Atlas Mara, participate in a plenary session of the World Economic Forum in Abuja May 8, 2014. REUTERS/Afolabi Sotunde According to a member of Atlas […]
Equity Group Profit drops 14 per cent to Sh15 billion
Equity Group CEO James Mwangi (PHOTO: File) NAIROBI, KENYA : Equity Group has recorded a 14 per cent decline in profit after tax in the third quarter of 2020 to Sh15 billion from Sh17.5 billion recorded the previous year same period. The bank’s net profit has been affected by the impact of the Corona Virus […]
Prof. Timothy Waema joins Equity Bank Kenya board
Equity Bank (Kenya) Limited (EBKL) has appointed Prof. Timothy Waema as Non-Executive Director. Prof. Waema brings on board his extensive ICT experience that spans over 30 years in both private and public sector organizations in Kenya and the African region. He is a Professor of Information Systems in the School of Computing and Informatics in […]
Why Africa is primed for economic investment
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today . Africa is on the move. Six of the world’s 10 fastest-growing economies are located on the continent , and 22% of its sizable working-age population are starting businesses . That makes for […]