Equity Bank’s focus on innovation boosts first half year 2013 profit

Bank ranked 4th globally in Asset Deployment Efficiency by The Banker in 2013

Nairobi, July 29th 2013 ... Regional banking group, Equity Bank’s reduction of interest rates by 700 bps from 25% to 18% has paid off by growing its loan book by Kshs 11 billion to Kshs 150 billion from Kshs 139 billion in the first quarter 2013 resulting in a growth of 21% in Year on Year.

Equity Bank profit before tax up 21 percent in first quarter 2013

Nairobi, May 6th 2013...Regional banking group, Equity Bank ongoing focus on product innovation, prudent cost and risk management have paid off  with a 21 percent growth in profits before tax in the first quarter ending March 31st 2013.

The Group posted a profit before tax of Kshs 4.52 billion up from Kshs 3.73 billion posted during a similar period in 2012.

Equity Bank’s Strategy Increases Profits by 36 percent

Nairobi, Feb 28th 2013 . . .  Regional banking giant, Equity Bank Group has continued to defy macro economic turbulence to deliver strong growth, with profits before tax increasing by 36% to Ksh 17.4 billion up from Ksh12.8 billion realized the previous year.

MasterCard and Equity Bank Announce Partnership to Introduce PayPass™ Enabled Cards

Nairobi, Kenya, 15 January 2013MasterCard and Equity Bank of Kenya today announced an agreement at a signing ceremony in Nairobi to issue five-million MasterCard-branded debit and prepaid cards.  This program empowers African consumers to use electronic payments which provide a safe and secure way to pay versus cash and other forms of payment.

EQUITY GROUP FOUNDATION APPOINTS DR. HELEN GICHOHI AS MANAGING DIRECTOR

Dr. Gichohi brings over 25 years international experience in managing social impact programs

DR. JAMES MWANGI WINS ‘FORBES AFRICA PERSON OF THE YEAR AWARD 2012’

Dr. James Mwangi, Chief Executive Officer and Managing Director of Equity Bank in Kenya, was named the ‘Forbes Africa Person of the Year 2012’ on Thursday 29 November, at the prestigious Porsche Centre in Victoria Island in Lagos, Nigeria. The ceremony was organised by the eventing arm of the ABN Group - ABN Productions.

EQUITY BANK GROUP PARTNERS WITH CHINA UNION PAY

8th November, 2012 Nairobi… Equity Bank Group has today launched a partnership with China Union Pay, which will allow UnionPay card holders to make transactions from Equity Bank’s ATMs and Points of Sale Terminals across the East Africa region. Equity Bank now becomes China UnionPay’s principal agent in East Africa.
 

EQUITY BANK GROUP PRE-TAX PROFIT UP BY 30%

November 6, 2012, Equity Bank Group continued to defy macro-economic turbulence to maintain steady growth and posted a 30% growth in pre-tax profit for the period ended 30th September 2012.

Equity Bank CEO Awarded Business Leader of the year

29th October, 2012 Nairobi… Equity Bank CEO Dr. James Mwangi has been awarded with the All Africa Business Leader Award 2012 (AABLA).

Equity Bank Tanzania is launched

31st October, 2012 Dar es Salaam… Equity Bank Group has officially launched operations in Tanzania as it seeks to enhance its market share within the East African region while replicating its successful business model.

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