FINANCIAL

KCB Group PLC Completes Acquisition of Banque Populaire du Rwanda Plc (BPR)

KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. This follows the securing of the requisite regulatory…

 
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Equity Increases Focus on Digital Channels as Customers Transact More on Mobile and Agency Platforms

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…

 
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Equity Records Double Growth in Half Year Profits

Equity Group Holdings Plc has announced a 98% growth in half-year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year.  Speaking while releasing the results, Equity Group Managing…

 
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National Bank wins three global awards from International Business Magazine

The National Bank of Kenya (NBK) has won three major global awards for Best Bank in Customer Service Kenya, Best Islamic Window Kenya and Best SME Bank in Kenya. The…

 
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Equity Named the Best Regional Bank in East Africa by the 2021 African Banker Awards

Equity has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards. The award was conferred to the Bank for its strong and consistent financial…

 
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Shareholders give Safaricom nod to start Ethiopia operation in 2022

Safaricom (NSE: SCOM) shareholders today gave their nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company that will begin operation in Ethiopia by next…

 
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Here is why your phone and internet costs might go up from July

Telephone calls, SMS and internet services could cost more from tomorrow if the president goes ahead to sign the Finance-Bill. In an amendment to the bill, parliament had introduced new…

 
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Equity-Board

Equity shareholders resolve to diversify board and guarantee dividend payouts

Equity Group Holdings Plc shareholders have passed resolutions that will see the group diversify the composition of its board and strengthen governance structure. At the seventeenth AGM held today, the…

 
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UN Kenya and Equity Partner for Acceleration and Attainment of the SDGs

Equity Group and Equity Group Foundation together with the United Nations system in Kenya, and its SDG Partnership Platform have signed a strategic partnership to accelerate the achievement of the…

 
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Equity-AfDB Loan

Kenyan banks hoping to reap big with regional expansion

Two of Kenya’s largest lenders are increasingly looking at opportunities across the borders to expand their balance sheets and increase their regional relevance. Coming hot on the heels of its…

 
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