Equity Bank is now the most valuable company in East and Central Africa after the bank finalised the acquisition of Banque Commercial Du Congo (BCDC). The migration of BCDC into Equity’s balance sheet has seen the Kenyan lender cross the Sh1 trillion mark in asset value. “We are delighted to witness this milestone that has […]
Tag: XNAI_EQTY
We are helping SMEs ride Covid crisis – Richard Ngatia
KNCCI President Fred Ngatia (PHOTO: Wilberforce Okwiri) It has been a turbulent year for biashara due to Covid-19. ESTHER DIANAH spoke to the Kenya National Chamber of Commerce and Industry (KNCCI) President on, among others, how the Chamber is cushioning jua kali and mama mboga. As President of KNCCI, what steps are you taking to […]
Equity bank Congo merger with Banque Commercial du Congo approved
Equity Banque Commercial du Congo is set to be the second largest bank in Democratic Republic of Congo with a Balance Sheet of 2.5billion dollars. This comes after the regulatory approval allowing the merger of Equity Bank Congo and Banque Commercial du Congo. Equity Bank currently has operations in Kenya, Rwanda, Uganda, Tanzania, South Sudan, […]
Equity rebrands, diversifies into insurance
Equity Bank Rwanda officials in a group photo after the rebranding event on December 30. / Photos: Dan Nsengiyumva. 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 […]
Equity Bank Congo, BCDC gets regulatory nod for merger
Equity Bank headquarters in Nairobi/FILE Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). This follows Equity’s acquisition of 66.53 per cent shareholding of BCDC from the […]
Equity Group Holdings to merge with Banque commerciale du Congo
Banque commerciale du Congo. PHOTO | COURTESY Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). “This is an important milestone and a great new year gift […]
Rwanda: Equity Group Crosses the $10b Balance Sheet Mark
Equity Group has crossed the $10b balance sheet mark becoming the first bank in Eastern and Central Africa to cross this mark. milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform. The development by the bank is expected to raise the visibility of the regional financial sector to compete favorably […]
Rwanda: 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 […]
Equity Group Holdings to merge with Banque commerciale du Congo
Banque commerciale du Congo. PHOTO | COURTESY Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). “This is an important milestone and a great new year gift […]
Rwanda: 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 […]