Banks have become a core need in our economy. This is because they not only enable you to deposit and withdraw money but they also give you a platform to save, invest and acquire loans at reasonable rates. We have so many banks in Kenya, thanks to economic growth and development. Today, I would love […]
Tag: XNAI_EQTY
Africa’s top brands vie for market growth
Kenya’s Senator Lager has emerged as the fastest-growing brand in Africa. The beer brand from East African Breweries Ltd has grown by an impressive 88 per cent over the last year, according to a new ranking by an independent consultancy, Brand Finance. The survey of 150 strongest and most valuable firms in the continent sought […]
Equity Bank ranks position 7 in the list of top 10 banks in Africa
One of Equity Bank branches in Zanzibar located at Mlandege Street Nairobi, Kenya. E quity Bank, with a balance sheet size worth Tsh 14.3 trillion at the end of 2019, has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of […]
Safaricom ranked most valuable brand in Kenya
Telecoms operator Safaricom #ticker:SCOM has been ranked as the most valuable brand in Kenya at $970 million (Sh105 billion) topping KCB #ticker:KCB and Equity Bank #ticker:EQTY. London-based consultancy Brand Finance ranked 150 of Africa’s strongest brands with Safaricom coming in 12th across the continent, while Equity and KCB ranked 69th and 70th, respectively. Kenya had […]
Equity Bank emerges position 7 at The Banker’s Top 100 African Banks
Equity Bank has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of the best performing banks. This is according to The Banker’s Top 100 African Banks ranking for 2020. The ranking, which tracks the health and wealth of the African […]
Simbamanyo Estates withdraws case stopping the takeover of its property in loan dispute
Simbamanyo house which has been acquired by tycoon Sudhir Ruparelia. Simbamanyo Estates Limited have withdrawn their application in which they were seeking to stop the takeover of its property on Lumumba Avenue. They had petitioned the Court of Appeal seeking orders to maintain the status quo stopping the sale of their property by Equity Bank […]
Equity listed as one of the best banks 2020
•This is according to The Banker’s Top 100 African Banks ranking for 2020.This year’s ranking shows stabilisation in the finances of the majority of African major lenders. •In the year under review, Equity improved on its performance with a 14% profit after tax growth to Sh 22.6 billion from Sh19.8 billion in 2018. Equity bank […]
Equity, KNCCI roll out Ksh.200 billion loan facility to support small businesses
KNCCI President Richard Ngatia (left) and EBKL Managing Director Polycarp Igathe. PHOTO | COURTESY Equity Group alongside the Kenya National Chamber of Commerce and Industry (KNCCI) have announced the creation of a Ksh.200 billion credit facility for small businesses in the country. The new facility, to be rolled out across the next three years, is […]
Safaricom ranked most valuable brand in Kenya
Telecoms operator Safaricom #ticker:SCOM has been ranked as the most valuable brand in Kenya at $970 million (Sh105 billion) topping KCB #ticker:KCB and Equity Bank #ticker:EQTY. London-based consultancy Brand Finance ranked 150 of Africa’s strongest brands with Safaricom coming in 12th across the continent, while Equity and KCB ranked 69th and 70th, respectively. Kenya had […]
Equity Bank makes to top 10 best lenders in Africa
A Kenya bank has appeared in the top 10 list of best lenders in Africa for the first time in the series ranking, demonstrating the growth of the country’s banking sector. The Equity Bank Group ranks number seven in the 2020 ranking by The Banker, a global financial intelligence firm, scoring 5.82 out of possible […]