Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at number seven 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 […]
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Equity Ranked Position 7 in the List of Top 10 Banks in Africa
NAIROBI, Kenya, Oct 16 Equity, with a balance sheet size worth Sh673.7 billion 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 the best performing banks. This is according to The Banker’s Top 100 […]
Equity Bank ranked 7th among African banks
Equity Bank, a subsidiary of Equity Group Holdings Plc 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. This year’s ranking shows […]
Equity receives Ksh. 10B from Proparco to support Kenyans SMEs
Equity Group Holdings has announced that it has signed a Ksh. 10 billion partnership with Proparco (Agence Française de Développement Group) to support Kenyan SMEs. The deal between Equity Group Holdings and Proparco, a French Development Finance Institution, will allow the Kenyan bank to grow and continue its support MSMEs, women entrepreneurs and development of […]
Britam not in a rush to sell 48.2pc stake in loss-making HF
Britam Holdings #ticker:BRIT says it will only consider offloading part of its 48.22 percent in HF Group #ticker:HFCK to strategic investors in the medium term when it expects its multibillion-shilling investment to have rebounded to a profit. Britam doubled its shareholding in HF Group in 2014 and 2015 using part of the cash it raised […]
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 […]
Equity Bank ranked 7th among African banks
Equity Bank, a subsidiary of Equity Group Holdings Plc 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. This year’s ranking shows […]
KNCCI, Equity Bank Ink Sh200bn Deal To Support Kenyan Businesses
NAIROBI, Kenya, Oct 13- The Kenya National Chamber of Commerce and Industry and Equity Bank on Tuesday signed a Memorandum of understanding (MoU), that will see the financial institution set aside Sh200 billion for the chambers to access as part of the post-COVID-19 financial support for businesses. Under the MoU, the two institutions will provide […]
Equity gets Sh10.8bn for lending to SMEs
Equity Group has signed a Sh10.8 billion ($100 million) loan agreement with French development institution Proparco for onward lending to small and medium-sized enterprises (SMEs). The bank’s chief executive James Mwangi said the funds would be deployed to help Kenyan enterprises alleviate sudden economic disruptions caused by the Covid-19 outbreak. "The impact of the Covid-19 […]
COVID-19: Good news for MSMEs as Equity Bank secures KSh 10 bn kitty to help them recover from economic shock
– The deal brings together a strategic partnership for job creation and sustainable development – New partnership will allow Equity to access funding for Kenyan MSMEs focused on job creation – Funding is part of the French initiative Choose Africa dedicated to supporting MSMEs in Africa – Part of the funding will also support projects […]