A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL Nairobi Securities Exchange (NSE) investors are moving to take up profit taking positions ahead of the release of 2020 full year financial results. According to analysts, counters recording profit growth and not dividends might be the greatest motivator to investors as shareholder pay […]
Tag: XNAI_EQTY
Equity Bank ranked among top banks in KBA survey on digital banking
Equity Bank has been named among the top-three Tier 1 banks based on digital user experience analysis by a recent customer survey conducted by Kenya Bankers’ Association (KBA) . The Banking Industry Customer Satisfaction Survey 2020 ranked various banks based on the quality of their Digital Banking offering (Mobile and Internet Banking) as well as […]
After DRC merger, will Kenya’s Equity Group lead the stock market in 2021?
Equity Bank’s Chief Executive Officer James Mwangi in Nairobi, Kenya November 12, 2019. REUTERS/Njeri Mwangi Equity Group Holdings’ (EGH) financial strength and diversification make it a solid bet to outperform the Kenyan stock market in 2021, with any snags over Banque Commerciale du Congo (BCDC) in the Democratic Republic of Congo likely to be only […]
Payments Firm Jambo Pay Secures MVNO License, Targets IoT Devices
Payments firm Jambo Pay has received a Mobile Virtual Network Operator (MVNO) license that will see the firm participate in the telco space, says the company’s CEO Danson Muchemi. Jambo Pay, which is owned by Webtribe Limited, is the same company that was hired to build a digital payments system for Nairobi County. Its services […]
After DRC merger, will Kenya’s Equity Group lead the stock market in 2021?
Equity Bank’s Chief Executive Officer James Mwangi in Nairobi, Kenya November 12, 2019. REUTERS/Njeri Mwangi Equity Group Holdings’ (EGH) financial strength and diversification make it a solid bet to outperform the Kenyan stock market in 2021, with any snags over Banque Commerciale du Congo (BCDC) in the Democratic Republic of Congo likely to be only […]
Dutch Bank Extends U$50million to Equity Bank To Support Covid-19 Hit SMEs
Dutch Development Bank (FMO) has extended a total of U$50million to Equity Bank (Kenya) to lend to small and medium-sized firms hit by the Covid-19 pandemic. The Dutch bank said the facility would uplift Equity Bank’s lending to the perceived risky small enterprises, who have been hard hit by the economic effects of the pandemic […]
What is the reason for the DRC’s problems with Kenya’s Equity Bank and James Mwangi?
A general view shows traffic along a street in the Democratic Republic of Congo’s capital Kinshasa. REUTERS/Thomas Mukoya Just as the merger of Equity Bank Congo with the country’s second-largest bank, Banque Commerciale du Congo (BCDC), which it agreed to acquire, was getting under way, the bank regulator is putting a spoke in the transaction’s […]
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 […]
What is the reason for the DRC’s problems with Kenya’s Equity Bank and James Mwangi?
A general view shows traffic along a street in the Democratic Republic of Congo’s capital Kinshasa. REUTERS/Thomas Mukoya Just as the merger of Equity Bank Congo with the country’s second-largest bank, Banque Commerciale du Congo (BCDC), which it agreed to acquire, was getting under way, the bank regulator is putting a spoke in the transaction’s […]
Equity Bancshares, Inc. Reports Fourth Quarter Results
Equity successfully acquired assets and deposits of Almena State Bank, originates $282.1 million of Main Street Lending Program loans through its continued support programs during the pandemic and adds $3.93 tangible book value per share in 2020 WICHITA, Kan., Jan. 25, 2021 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, […]