NAIROBI, Kenya, Aug 3 – Equity has been recognized among the top 1000 best banks globally by the Financial Times Banker Magazine. Equity was ranked at position 754 out of 1000 global banks, a ranking that was based on an array of metrics including the size of the lender, financial soundness, profits on capital, and […]
Tag: equity group holdings
Africa’s Worst Stock Market Faces More Pain From Bank Earnings
A man stands and looks out across the city skyline in Nairobi, Kenya. , Bloomberg (Bloomberg) — There is no recovery in sight yet for Africa’s worst-performing stock market as investors look to bank earnings this month to assess how hard the coronavirus pandemic hit Kenyan lenders. Net foreign-investor outflows and reduced dollar earnings led […]
Nairobi Securities Exchange reviews NSE 20 share index
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
James Mwangi: Untold story of a village boy who became world-class banker
– As a simple livestock herder at a young age, James Mwangi learnt the concept of supply chain which propelled him to the man he is – The 58-year-old horned his entrepreneurial skills at the University of Nairobi after securing a scholarship owing to his academic talent – The banker rescued Equity Building Society from […]
The People’s Banker: ‘Entrepreneurship Means Folding Up Your Sleeves And Working’
James Mwangi; images by Paul Kariuki Munene for FORBES AFRICA IN Nairobi In 1993, Dr James Mwangi walked away from a promising career at one of Kenya’s largest banks, to join the Equity Building Society. Three decades on, few could have predicted his entrepreneurial leadership would work to transform not just Equity but the financial […]
I&M buys 90pc stake in Ugandan lender
I&M Holdings has struck a deal to buy 90 per cent of the shares in Orient Bank Uganda. I&M Holdings has announced the acquisition of Uganda’s Orient Bank Limited. In an announcement to shareholders yesterday, I&M board said an agreement had been reached to acquire a 90 per cent stake in the Ugandan lender on […]
Equity applies brakes on expansion after Mara flop
Dr James Mwangi, Equity Group Chief Executive Officer. PHOTO | FILE | NMG Equity Bank’s plan to acquire 100 per cent shareholding in BancABC of Zambia, Mozambique and Tanzania including 62 per cent of the shares of Banque Populaire du Rwanda Ltd fell through last week after 16 months of negotiations with Atlas Mara Ltd […]
Equity Bank’s Group Executive talks philanthropy during Covid-19 at Africa.com Webinar
Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings and Executive Chairman of the Equity Group Foundation will be featured in a fireside chat with Harvard Business School Professor Caroline Elkins on July 22, 2020 at 5pm EAT, as part of Africa.com’s webinar series Crisis Management for African Business Leaders. The webinar series […]
Equity Bank’s Group Managing Director & CEO Dr. James Mwangi, talks philanthropy during Covid-19 at Africa.com Webinar
Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings and Executive Chairman of the Equity Group Foundation Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings and Executive Chairman of the Equity Group Foundation will be featured in a fireside chat with Harvard Business School Professor Caroline Elkins on July 22, […]
Equity Group chief executive to feature alongside Harvard Professor in Africa.com Webinar
Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings and Executive Chairman of the Equity Group Foundation will be featured in a fireside chat with Harvard Business School Professor Caroline Elkins on July 22, 2020, at 5 pm EAT, as part Africa.com’s webinar series: Crisis Management for African Business Leaders . The webinar […]