Safaricom ’s share of combined investor wealth at the Nairobi bourse touched a high of 58.79 percent on Wednesday after weeks of a steady rise in its stock prices in a period that has seen other dominant stocks shed value. The telco claimed at least half of the market wealth on March 19 and has […]
DIGITAL technology has continued to transform the country’s financial sector, with first introduction of USD-denominated Visa Debit Card in the local market, on Wednesday. The Equity Bank Tanzania Limited introduced the card in Dar es Salaam, targeting to provide convenience and affordability to the bank’s customers, who are looking to make purchases online or trade […]
Dar es Salaam — Equity Bank Limited has on Thursday launched a US Dollar denominated Visa Debit Card in Tanzania that will allow customers, who are looking to pay goods and services in US dollar do so without incurring any charges. The Banks manager cards operations and alternatives business channel, Magreth Mwasumbi said the card […]
Equity Group has reported a 30% growth in its loan book as at 30th September 2020. While releasing the results for Q3 2020, Dr. James Mwangi, Group Managing Director and CEO said, "We grew our loan book by 30% year on year in order to support our customers who saw opportunities of green shoots and […]
Equity Bank has released its Q3 financials, ended on 30 September 2020. According to the report, which was presented by its CEO James Mwangi, the lender registered a 30 percent jump in its loan book from KES 348.9b to KES 453.9b from September 2019 to September 2020. Over the quarter under analysis, the bank saw […]
Nairobi — Equity Group has announced the appointment of Samuel Onyango as a Non-Executive Director to its Equity Bank (Kenya) Limited (EBKL) Board. According to the lender, Onyango has an extensive leadership experience in a wide range of professional services as a Certified Auditor, Company Secretary, Arbitrator, and Mediator, including his contribution to the development […]
Safaricom ’s share of combined investor wealth at the Nairobi bourse touched a high of 58.79 percent on Wednesday after weeks of a steady rise in its stock prices in a period that has seen other dominant stocks shed value. The telco claimed at least half of the market wealth on March 19 and has […]
Safaricom’s #ticker:SCOM share of combined investor wealth at the Nairobi bourse touched a high of 58.79 percent on Wednesday after weeks of a steady rise in its stock prices in a period that has seen other dominant stocks shed value. The telco claimed at least half of the market wealth on March 19 and has […]
KCB Group CEO Joshua Oigara. PHOTO | SALATON NJAU | NMG KCB Group has signed a deal with London-listed financial services firm Atlas Mara Limited to buy stakes in it’s banking units in Rwanda and Tanzania, its chief executive Joshua Oigara announced on Thursday. The proposed transaction will see Kenya’s biggest lender by assets acquire […]
Equity Bank has registered an increase in customer deposit in the first half of 2020, defying the Covid-19 induced slump that has ravaged businesses within and beyond Uganda. The deposits during the period, according to details contained in the bank’s financial results, hit Shs1.3 trillion, which signifies a substantial increase from Shs947b that the bank […]
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