As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totaling €39 million (5 billion KES) to help the Kenyan bank further support job-creating MSMEs. Proparco also granted a €550,000 technical assistance facility to support […]
As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the Kenyan bank further support job creating MSMEs. Proparco also granted a €550,000 technical assistance facility to […]
The National Treasury disclosed the loans amounted to KSh 104.84 billion The exchequer said the billions were invested in priority projects but may have to be repaid by taxpayers given the poor financial state of the parastatals As of June 2020, KPLC had debts amounting to KSh 53.84 billion At least nine state-owned firms are […]
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ Shareholders’ wealth at the Nairobi Securities Exchange hit the highest level ever on a year-on-year basis in the first nine months of 2021, driven by recovery from the effects of Covid-19. The Capital Market Authority’s Q3 statistical bulletin shows market capitalisation at the […]
Company’s third quarter includes loan growth, exclusive of PPP, accompanying successful integration of largest merger in Company’s history and announcement of the Company’s first common stock dividend WICHITA, Kan., Oct. 19, 2021 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported net […]
Amendments to the Companies Act in 2017 made it compulsory for companies listed at the Nairobi Securities Exchange (NSE) to disclose how top directors are remunerated The highest-paid board directors are those who hold multiple positions in different companies Equity Bank founder Peter Munga earned KSh 52 million in director fees at the lender and […]
Amendments to the Companies Act in 2017 made it compulsory for companies listed at the Nairobi Securities Exchange (NSE) to disclose how top directors are remunerated The highest-paid board directors are those who hold multiple positions in different companies Equity Bank founder Peter Munga earned KSh 52 million in director fees at the lender and […]
NAIROBI, Kenya October 25 – Equity Bank has clinched Africa’s best bank for Small and Medium Enterprises (SMEs) title during the 2021 Euromoney awards. East African banks were commended for leading the way in SME financing in Africa with Equity Bank hailed for its continued support of its clients with lending rising by 30 percent […]
Equity Bank Tanzania, Executive Director, Esther Kitoka. PHOTO | ERICKY BONIPHACE Dar es Salaam. Equity Bank executive director Esther Kitoka called for a need to reform the legal system in favour of the financial sector, if banks are to have a significant role in shaping the country’s economy. The root of her recommendation was on […]
Company’s third quarter includes loan growth, exclusive of PPP, accompanying successful integration of largest merger in Company’s history and announcement of the Company’s first common stock dividend WICHITA, Kan., Oct. 19, 2021 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported net […]
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