Equity Group Managing Director and CEO Dr James Mwangi at the Equity Centre in Nairobi on Monday, October 25, 2021. PHOTO | DENNIS ONSONGO | NMG Nairobi. The Democratic Republic of Congo (DRC) has tipped Kenyans to invest in its minerals and agricultural sectors in deals that will get Equity Bank financing. The Governor of […]
In 2021, local and international companies raised their stakes in strategic companies across the Kenyan economy Investors set their sights in the insurance sector, banking sector, the energy sector and hospitality The investors made the acquisitions amid the ongoing economic recovery from the negative impact of the COVID-19 pandemic As business conditions in Kenya continued […]
The Democratic Republic of Congo (DRC) has tipped Kenyans to invest in its minerals and agricultural sectors in deals that will Equity Bank #ticker:EQTY finance. Governor of East Kasai province Jeanette Musuamba said the DRC, which has diamonds, iron, gold, cobalt and other minerals, provides a lucrative investment opportunity for Kenyan investors. “Serious exploitation can […]
NCBA Bank Kenya #ticker:NCBA has lent Kenya Power #ticker:KPLC Sh6.75 billion, becoming the largest local lender to the electricity distributor by taking over the company’s overdraft facilities. The Nairobi Securities Exchange-listed bank provided the 12-year loan on October 9, 2020. Details of the loan are disclosed in Kenya Power’s annual report for the year ended […]
A total of 282 Small and Medium-Sized Enterprises (SMEs) in Laikipia County have so far benefited from Ksh 129 million from a subsidized Economic Stimulus Fund. The county Stimulus Fund Manager Jesse Muriithi spoke during the Laikipia Economic Stimulus Stakeholders Engagement webinar meeting Thursday, however, decried the prevailing low loan uptake, citing lack of trading […]
Equity Bank Rwanda PLC has received an International Standards Certification – ISO/IEC 20000-1:2018 on IT Service Security Management Systems from the British Standards Institution (BSI). The certification cements the Bank’s commitment to prioritising customer safety and satisfaction, according to the lender. ISO 20000 is proof that the Bank’s service management system is robust enough in […]
Kenyan Banks have been listed on Africa’s top 100 top 100 banks by tier 1 capital conducted by the Africa Business Magazine. Equity was the highest ranked Kenyan bank in the report. The bank climbed three places to position 24 following a 27% increase in its capital to Ksh. 157 billion ($1.4 billion) in the […]
Equity Bank branch in Kibera, Nairobi, on May 24, 2020. Equity, which holds over $8.92 billion in assets, has mobilised close to $4.46 billion to fund businesses in countries where it has a presence such as DRC, Uganda, Tanzania, Rwanda, South Sudan and Kenya. FILE PHOTO | DENNIS ONSONGO | NMG The lender, which is […]
Equity Bank Rwanda PLC has received an International Standards Certification – ISO/IEC 20000-1:2018 on IT Service Security Management Systems from the British Standards Institution (BSI). The certification cements the Bank’s commitment to prioritising customer safety and satisfaction, according to the lender. ISO 20000 is proof that the Bank’s service management system is robust enough in […]
Equity Bank Tanzania’s Managing Director, Robert Kiboti and Nala’s CEO, Benjamin Fernandes said a sizable number of Tanzanians in the Diaspora, especially those in UK send back home remittances that play an increasingly important role in the country’s economy. According to World Bank figures, in 2020, Tanzania in the Diaspora remitted U$430 million being an […]
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