Lenders started the year with a lot of optimism, with banking sector analysts projecting better returns on repealed interest cap law. Almost all tier-one banks reported improved net earnings for the first quarter ended March 2020, with KCB Group for instance recording eight per cent growth to Sh6.3 billion compared to Sh5.8 billion same period […]
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 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 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 […]
Nairobi, Kenya — Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in Eastern and Central Africa to cross this mark. The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform. The one trillion mark by Equity lifts the visibility of the financial sector in […]
James Mwangi, the Chief Executive of Equity Group . / File 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 […]
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 […]
Bank of Uganda executive director in charge of supervision Tumubweine Twinemanzi (left) unveils the new logo of Equity Bank. PHOTOS/MICHAEL KAKUMIRIZI Why did Equity Bank rebrand? Since our entry into Uganda in 2008, we have been driven by a singular mission: To champion the socio-economic transformation of our people and the communities they live in. […]
All News Coronavirus Energy Latest news Space ReportsnReports added Kenya Payments Landscape Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Kenya Payments Landscape Market […] ReportsnReports added Kenya Payments Landscape Market Research […]
Nairobi, Kenya — Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in Eastern and Central Africa to cross this mark. The milestone was achieved upon successful migration of BCDC to Equity’s Finacle core banking platform. The one trillion mark by Equity lifts the visibility of the financial sector in […]
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