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Thursday, January 27, 2022

Equity Bank

Mary Wamae Equity Group’s Executive Director Wins the Woman on Board Award

Equity Group Executive Director, Mary Wamae emerged as the overall winner of the 2021 Women on Board Awards at the Inaugural award ceremony held in Nairobi, Kenya by the Women on Board Network (WOBN). The awards aim at recognizing...

Equity Now offers One-Day Settlement for PayPal Withdrawals

Equity Bank has announced a reduction in the duration it takes to settle PayPal withdrawals from 3 Business days to just 24 hours or one business day, a development that allows Equity to offer the fastest PayPal settlement period...

Equity Acquires Sh. 18.6 Billion Loan from IFC

Equity Group has acquired a US$ 165 million (Ksh 18.6 billion) loan from the International Finance Corporation (IFC) to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients in Kenya, especially those...

EquityBCDC launches a mentorship and leadership development program

EquityBCDC has extended its social impact contribution through scaling up the various programs that are already under implementation through Equity Group. The Bank, whose purpose is to transform lives, give dignity and expand opportunities for wealth creation, has launched...

The Lubumbashi leg of the Kenya-DRC Trade Mission Officially Kicks Off

The official Lubumbashi leg of the Kenya-DRC Trade Mission has kicked off following the official launch by Vice Governor Haut Katanga Province Jean Claude Kamfora. Speaking at the same event was Equity BCDC Managing Director Mr Celestin Muntuabu, Equity Group...

Kenyan Banks Top 2021 African Business Magazine Regional Rankings

Kenyan Banks have emerged top of their other East African counterparts in the 2021 ranking of the continent’s top 100 banks by tier 1 capital conducted by Africa Business Magazine.  Equity Bank was the highest-ranked in the report. The...

Equity ranked among the world’s 1,000 biggest bank

Equity has once again been named among global giants in banking. The Kenyan lender has been ranked position 39 globally on return on assets, position 71 on return on capital, and position 149 on soundness (Capital Assets to Assets...

Statement On Loss Of Ksh 54 Million From Access Bank And Equity Bank

By Steve Mwangi, Director Steam & Petroleum Ltd Steam and Petroleum Ltd, a company in which I am a director, entered into a joint venture with Source Logistics in May 2019 to construct an RTG Runway Beam at Embakasi ICD...

Equity giving tailor-made financing for small-scale farmers

Many Kenyan households in rural parts of the country still rely on farming as a source of livelihood; most of this is subsistence. The high cost of farm inputs has played a prohibitive role in the adoption of agribusiness...

Digital banking services a gamechanger for Equity Group Holdings Plc

The uptake of digital banking services by customers is moving Equity Group Holdings Plc away from the brick and mortar fixed-cost business model to a variable-cost third party based infrastructure business model. In the just-released 2021 half-year results, digital channels...
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Tsavo Heritage Foundation, Sarova Hotels & Government partner For Tsavo Conservation

In an effort to conserve the Tsavo, Sarova Hotels and Resorts has joined hands with the Tsavo Heritage Foundation...
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