Equity Bank has been named the Best Regional Bank in East Africa at the 2021 African Banker Awards . The award was conferred to Equity for its consistent financial performance, its role in leading the disruption of Fintech innovations in banking and for its efforts in championing the socio-economic development of communities. Equity was nominated […]
[ Courtesy ] The court has ordered Dyer and Blair Investment Bank to sell shares belonging to suspects in a Sh1 billion air ticket fraud. After the sale of shares, High Court Judge David Majanja ordered that the proceeds be transferred to Mercantile Insurance Company which is said to have lost Sh1 billion through the […]
Investors’ wealth at the Nairobi Securities Exchange (NSE) yesterday hit a 39-month high, adding them Sh101.6 billion in the last one month on the back of a rally of Safaricom and Equity Bank stocks. NSE data shows the market recorded the third straight day of gaining to close yesterday valued at Sh2.785 trillion. Market capitalisation […]
![[WATCH] ‘Cryptocurrencies are a Ponzi Scheme,’ Says CEO, Jubilee Insurance / Former COO, Equity Bank, One of the Largest Banks in Kenya](https://moneyinafrica.com/wp-content/uploads/2021/08/Equity-Bank-Kenya-230x116.jpeg)
The regional CEO of Jubilee Insurance and the former Chief Operating Officer of Equity Bank, one of the largest banks in East Africa, has said bitcoin and cryptocurrencies are a ponzi scheme. Speaking during a business seminar, Mr. Julius referred to cryptocurrencies as ‘hot air’ and urged attendees to avoid touching bitcoin and cryptocurrencies. ___________________________________________________________________ […]
After eight years of preparation, Kenya says it is ready to become an African financial hub, leveraging the Nairobi International Financial Centre (NIFC), which this week received the support of London, the world’s leading financial centre. To position itself as a business and financial hub in East and Central Africa, Nairobi is seeking to attract […]
In 2009 Equity Bank ran one of the most successful campaigns that turned banking on its head, an ecstatic mimi ni member slogan that even featured a little girl of around 12 years old. Today she would be around 22 years and if she could see a huge billboard the lender has put up along […]
Unveiling the new platform in Dar es Salaam on Friday, Equity Bank Tanzania Managing Director Robert Kiboti said the new product provides a reliable financial link between local clients with the rest of the bank’s network through One Equity Inter-Country services at minimal cost. "The primary purpose of the product is to provide solutions for […]
The Covid-19 pandemic that crippled the markets and devastated economies for the better part of last year barely touched the perks of Kenya’s top executives. A compilation of data from the country’s 17 most valuable companies by Financial Standard shows that the CEOs collectively pocketed Sh1.84 billion in perks last year even as the pandemic […]
Kenya has been working since 2014 to establish the Nairobi International Financial Centre (NIFC), aiming to become a gateway for capital flowing in and out of Africa and to compete with Mauritius, Morocco and South Africa. PHOTO | FILE | NMG Efforts to establish the centre have met several hurdles over the years, delaying its […]
EQUITY Bank Tanzania has introduced interbank money transfers and SADC SIRESS services to boost cross boarders’ and regional remittance services. The two new platforms, namely, Equity Bank Interbank transfers, allow real time transactions for the lender’s customers in any Equity Bank group branches and Integrated Regional Electronic Settlement System (SIRESS) services that open up remittance […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.