Equity Made Ksh12.8B Net Profit in 3 Months – Here’s How
The lender's total income in Q1 2023 stood at Ksh39.7 billion, up 28% from Ksh30.9 billion in Q1 2022.
Equity Uganda MD Samuel Kirubi Promoted to Group COO
Kirubi has spent 21 years at Equity Group, taking on roles across operations, marketing, service and management. He started off as an intern as part of the Equity Leaders Program (ELP).
Equity Moves Its Banking Services To Social Media Platforms
Equity has introduced Equity Virtual Assistant (EVA), the bank’s chat banking platform that takes financial services to the next level by presenting banking transactions as virtual conversations on social media platforms including WhatsApp, Facebook Messenger and Telegram. The EVA chatbot replaces EazzyNet service. See >>...
Equity Diaspora Remittance Cash Hits Ksh383.5 Billion In 2021
Equity Group grew the volume of diaspora remittances it processed by 39 percent in 2021 compared to the corresponding period in 2020, leveraging on the growing popularity of digital channels for sending money home from abroad.
The lender handled Ksh383.5 billion in remittances in the 12 months to December, up from Ksh279.4 billion in 2021.
The Group’s Chief Executive...
Meet the Kenyan Companies Trooping to DRC in New Wave
At a trade dinner this week hosted by Equity Bank and attended by DRC President Felix Tshisekedi, CEO James Mwangi announced that 26 Kenyan companies had committed to making investments in DRC worth over Ksh184 Billion ($1.6 Billion). The firms were part of Kenya's delegation in an Equity-led trade mission to DRC last year.
Equity Brokers Ksh184B DRC Investments by 26 Kenyan Companies
The announcement was made in the presence of DRC’s President H.E Felix Tshisekedi at a business dinner hosted by Equity Group to celebrate the signing of the accession treaty by DRC after admission into the East African Community (EAC) and in furtherance of the Kenya-DRC trade relations. The dinner was attended by the Kenya DRC trade mission delegation comprising of government officials including Cabinet Secretary, Ministry of Industrialisation, Trade and Enterprise Development Betty Maina and some of the Kenyan traders who participated in the trade mission last year.