Tag Archives: Equity

The real impact of COVID-19 pandemic on banks will be seen in the second or third quarter of next year Kampala, Uganda | ISAAC KHISA | Ugandan commercial banks may believe that they are headed for recovery amid the novel coronavirus pandemic but the headwinds are still big, said Tumubweine …

  Equity Becomes the first bank in Eastern and Central Africa to achieve the trillion-shilling balance sheet milestone after migrating Banque Commercial Du Congo (BCDC) to Equity’s core banking platform Nairobi, Kenya | THE INDEPENDENT |  Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in …

  Equity will now present itself as a unified brand with a consolidated business model for its inclusive range of financial services. Kampala, Uganda | THE INDEPENDENT | Equity Uganda, a wholly owned subsidiary of Equity Group Holdings has today unveiled a new identity in line with Equity Group Holdings’ ongoing …

    Nairobi, Kenya | THE INDEPENDENT | Equity Group has reported giving out 30% more loans than the previous year, as it supports companies seeking new opportunities as they recover from the COVID-19 lockdown. This has been possible as customer deposits grew from Kshs478 billion ($4 billion) to Kshs 691 billion ($6.3billion), …

    Nairobi, Kenya | THE INDEPENDENT | Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was on September 9 honored with the prestigious 2020 Oslo Business for Peace Award. “Dr. James Mwangi receives the Award for his business-worthy …

Nairobi, Kenya | THE INDEPENDENT |  The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion ($88 million) dividend payout to its shareholders. According to a statement, Equity states that “the …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the budget committee have summoned ministers for Defence and security to explain why the sector failed to comply with gender and equity requirements. The decision stemmed from a presentation from Equal Opportunities Commission on the gender and equity responsiveness of the …

  Equity’s refresh geared towards leveraging on the brand’s global capability, strong heritage, internal talent assembly and agile business model to scale across demographic segments in Africa Nairobi, Kenya | THE INDEPENDENT |  Equity Group Holdings Plc has launched a new brand identity that reflects a streamlined financial services provider positioned as …

Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd has made a Shs20 million donation to the organizing committee of the Martyrs Day celebrations as Ugandans and the world prepares to celebrate June 3, 2019. The celebrations are to last for a week. Equity Bank’s Marketing and Communications Manager …

Kampala, Uganda | THE INDEPENDENT | Equity Bank is one of the 25 commercial banks offering financial services in Uganda. The Independent’s Julius Businge spoke to the Bank’s Executive Director, Anthony M. Kituuka on their strategy to deliver good growth in 2019 and beyond. What are your expectations in this New …