Search Results for: equity
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BUSINESS
Equity Group Q3 Profits Rise 13% to KSh 40.9 Billion
Equity Group’s 9-month Profit after Tax grew 13.1% to KSh 40.9 billion with regional subsidiaries accounting for 51% of the profit for the period. This is according to the group’s Q3 results released on Tuesday. The Group has seen its deposit franchise grow 9% year-on-year to Kshs.1.3 trillion with its customer base now at 21.3 million. This growth in deposits…
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BUSINESS
Receive money from anywhere across the world with Equity
In an era where global connectivity is paramount, Equity through its cutting-edge international money transfer solutions is committed to delivering unparalleled value to its customers by ensuring seamless, secure, and swift money transfers, that foster a sense of financial empowerment and convenience. These services cover a spectrum, including cash pick-up, deposits to bank accounts and mobile wallets. Through strategic partnerships…
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NEWS
Equity and Government Champion Africa Green Growth at COP28
President William Ruto addressed global investors at a dinner on the sidelines of COP28 in Dubai after presiding over the launch of the Africa Green Industrialization Initiative (AGII) urging them to make Kenya their choice investment gateway to Africa. The dinner was co-hosted by the Government of Kenya and Equity Group Holdings Plc The President, who serves as the Chair…
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NEWS
PayPal Withdrawals made quick and easy with Equity
Last year, Equity launched a ground-breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to their accounts. The service reduced the time it takes to have PayPal settlements reflected in your bank account to only 1 working day. In this article, we’ll walk you through the details of Equity’s PayPal Withdrawal Service, which ensures seamless…
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NEWS
Equity appoints Samuel Kirubi as new Group Chief Operating Officer
Equity Group has appointed Samuel Kirubi as the Group Chief Operating Officer (GCOO). Kirubi moves from the position of Managing Director, Equity Bank Uganda to head the Group operations from the Equity’s head office in Nairobi, Kenya. Samuel holds a Masters Degree in Business Administration from Moi University and a BA in Economics and Statistics from Egerton University. He is…
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NEWS
118 Equity Leaders Program Scholars Admitted to 56 Global Universities
118 scholars from the Equity Leadership Program comprising of Wings to Fly alumni beneficiaries as well as those who topped the 2019 Kenya Certificate of Secondary Education (KCSE) examination in their respective sub counties; have received admission and full financial aid to 56 global universities. The fifty-six (56) institutions are situated across five continents in different countries including United States of America…
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NEWS
Equity Plants 7,000 Trees at various UoN Campuses
Equity Group Foundation and Kenya Forest Service have yesterday joined University of Nairobi in their annual tree planting exercise at a drive to plant 7,000 trees at various campuses as they enhance efforts to mitigate against adverse effects of climate change. The effort is in line with Equity’s ambitious conservation project to plant 35 million trees across the country, and…
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NEWS
Over 60% of All Equity Transaction Value Performed Digitally, First Time in History
Digital banking has continued to gain traction across the country, and more banks are bettering their apps and websites to meet consumer demand. Equity Group Holdings, one of Kenya’s largest banking companies, says transaction value processed via digital platforms surpassed those processed within its branches. “Adoption of digital payments was accelerated with the number of transactions processed over the Pay…
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NEWS
Equity Ngara Branch and Interior Ministry Plant Trees at Mathari National Teaching and Referral Hospital
Equity Ngara Branch partnered with the Ministry of Interior and Coordination of National Government to plant 3,300 tree seedlings at Mathari National Teaching and Referral Hospital. The exercise was conducted with the support of the Kazi Mtaani programme and chaperoned by the Deputy County Commissioner Mathare Sub-County, Jacob Mwaura. More than 200 youths from Mathare sub-county came out to plant trees…
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NEWS
Equity Opens Central and Southern Africa Regional office
Equity Group has opened a new dedicated sub-continent office for the Central and Southern Africa Region. It has also appointed Mr. Yves Cuypers as the Regional Director in charge of the Region. Yves is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to form Equity BCDC, the second-largest bank in the Democratic…
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Uncategorized
Equity Afia Opens second clinic in Muranga
Equity Afia, the medical franchise of Equity Group Foundation (EGF) has opened a new medical centre in Muranga County, bringing the total number of outlets within its concession to 36. This will be the second clinic in the county after Equity Afia Kenol that will serve residents from Muranga and its surrounding environs. The new medical centre which is located at ECN Building…
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Uncategorized
Equity BCDC Unveils New Identity, Positions to be the Bank of Choice in DRC
After a successful merger of Equity Bank Congo (EBC) and Banque Commerciale du Congo (BCDC), to form Equity BCDC, the bank has now unveiled a new identity. The identity of the new bank it says reflects the coming together of the oldest and most established bank in DRC and Africa’s fastest growing, most dynamic bank to shape a future where…
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Uncategorized
Equity Afia Opens 7 More Medical Centers
Equity Afia, the medical franchise of Equity Group Foundation (EGF), has expanded its national footprint to 33 fully-fledged outpatient medical centres. This year, a total of 22 new clinics have been established, signifying EGF’s commitment to offer increased access to quality healthcare, in line with the Government’s Big Four agenda to offer affordable healthcare for all. “The move to open…
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Uncategorized
Equity Bank Receives $50 Million Loan from IFC to support Kenyan SMEs affected by COVID-19
IFC has announced a $50 million loan to Equity Bank Kenya to support local SMEs especially those facing COVID-19 related challenges. The loan, which will ultimately support hundreds of Kenyan businesses in the manufacturing, health, trade, transport, and consumer goods sectors, is part of IFC’s global $8 billion fast-track COVID-19 facility, announced in March. It is designed to help businesses…
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HEALTHCARE
Kenya COVID-19 Fund, Equity Group Foundation and Health Ministry Distribute First Supply of Locally Manufactured PPEs
Kenya COVID-19 Fund Board flagged off the first consignment of locally manufactured PPEs to public hospitals in Kenya over the weekend. In collaboration with the Ministry of Health and Equity Group Foundation (EGF). The Board through its Health and Procurement Committees is coordinating the sourcing, quality assurance and distribution of Personal Protective Equipment (PPEs) for frontline health care workers at…
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Uncategorized
Equity Group calls off plans to acquire Atlas Mara banking businesses
Equity Group has called off plans to acquire Atlas Mara (ATMA). The decision according to Equity is consistent with the bank’s board’s view of uncertainty of risk which precipitated the proposed withdrawal of Kshs 9.5 billion dividend pay-out to shareholders. Equity has expressed the intention to acquire banking businesses from ATMA in Rwanda, Tanzania, Zambia and Mozambique. In January 2020,…
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Uncategorized
KQ is giving a 20% discount to Equity Card holders
The deal is applicable for tickets purchased in Nairobi (NBO), Mombasa (MSA), Kisumu (KIS), and Malindi (MYD). It will be applicable for flights to London (LHR), New York (JFK), Johannesburg (JNB), Dubai (DXB), Mumbai (BOM), Amsterdam (AMS), Paris (CDG), Rome (ROM) and Geneva (GVA).
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Uncategorized
Equity Afia Now Has A New Clinic On Biashara Street, Nairobi
In a move to increase access to quality and affordable health services, Equity Afia has opened its 12th satellite clinic within Nairobi’s Central Business District (CBD). The new clinic is located on Laxmi Plaza along Biashara Street and targets individuals and corporates located in the CBD and the business community living and serving within Nairobi and its environs. So far,…
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Uncategorized
Equity Afia rolls out two clinics in Ruiru and Nyeri
Residents in Ruiru and Nyeri town will now have access to affordable healthcare system thanks to the launch of two Equity Afia clinics in the towns. Equity Afia has rolled out its sixth and seventh clinics, as a way of increasing access to quality and affordable comprehensive health services. Equity Afia is implementing a sustainable, integrated health model under a…
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NEWS
Campaign against FGM launched in Kenya
Sounding a clarion call against Female Genital Mutilation in Kenya, women’s rights organisation Nguvu Collective, KEWOPA and Anti-FGM Board Kenya joined hands to launch a collective fight to eradicate the human rights violation from the country through a creative campaign called “Break The Blade”. The campaign featured a symbolic breaking of the blade activity by Mrs. Bernadette Resian Loloju, Chief…
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