Topic: Equity Bank
Equity, John Deere ink farm equipment deal to revolutionize Kenyan agriculture
Sep 21, 2023 at 10:21 PM
Equity Group Holdings and farm equipment maker John Deere have inked a comprehensive agreement to offer tractors into the Kenyan market through well-defined and affordable finance ...
Here are tools and strategies to secure your financial future with digital savings
Sep 12, 2023 at 11:58 AM
The pursuit of financial independence is a goal shared by many, a journey towards the freedom to pursue our desires without financial constraints, but this can be challenging....
Equity Group posts 14 per cent pre-tax profit growth to Sh35.2 billion in half year
Aug 15, 2023 at 04:56 PM
Equity Group Holdings has posted an 8 per cent increase in its half-year profit after tax to Sh26.3 billion from the Sh24 billion recorded during a similar period last year....
Equity seeks court's intervention in TransCentury, East African Cables receivership dispute
Aug 10, 2023 at 01:31 PM
Equity Bank Kenya has made a compelling plea to the High Court, urging the removal of an order that currently halts the receivership of TransCentury and East African Cables Ltd....
Equity Group CEO James Mwangi bags prestigious Lifetime Achievement Award
Jul 11, 2023 at 02:46 PM
Equity Group CEO and MD Dr James Mwangi has received the prestigious Lifetime Achievement Award at the All-Africa Business Leaders Awards held at Sun City, South Africa....
Step by Step: How to make your eCitizen payments seamlessly with Equity Bank
Jul 06, 2023 at 12:07 AM
President William Ruto on Friday June 30, 2023 unveiled a revamped eCitizen platform and Equity has enabled seamless payments via the platform to bring the services closer to you....
Loans defaulted surge to record high of Sh82.9 billion amid economic hardships
Jun 29, 2023 at 12:11 PM
Borrowers have defaulted on an astounding Sh82.9 billion in bank loans within a mere four-month period, highlighting the prevailing economic challenges and leading to a significant...
High Court bars Transcentury from withdrawing Sh500 million in Equity account
Jun 27, 2023 at 12:27 PM
Equity had told the court it was fearful that the funds might be transferred by Transcentury, which the bank had placed under receivership in a process halted by the court temporar...
Here’s how you can build a secure financial future one step at a time
Jun 23, 2023 at 01:33 PM
You might be at a stage in your life where you are starting your financial journey or probably seeking to improve your skills in financial management....
DCI pledges its full support for Safaricom in its efforts to eradicate mobile fraud
Jun 22, 2023 at 10:37 AM
The Directorate of Criminal Investigations (DCI) has pledged its unwavering support to Safaricom, Kenya's leading mobile communication service provider, in the fight against fraud....
East African Cables also obtains court injunction blocking Equity Bank takeover
Jun 20, 2023 at 02:05 PM
East African Cables (EAC) has obtained a court injunction in a bid to bar Equity Bank from appointing an administrator to take over its operations over its non-performing loan....
Transcentury obtains court order barring Equity takeover over its Sh3 billion loan
Jun 19, 2023 at 12:59 PM
Embattled TransCentury has obtained a court injunction temporarily barring Equity Bank from appointing a receiver manager to take over the business for failing to repay a loan....
Troubled Transcentury Group and East African Cables placed under receivership over Sh3.01 billion Equity Bank loan
Jun 17, 2023 at 12:21 PM
Equity Bank has placed Transcentury Group and East African Cables under receivership after the two companies defaulted on a Sh3.01 billion-shilling loan facility accorded by the ba...
PayPal Withdrawal Service: Transfer of funds made quicker, easer with Equity
Jun 16, 2023 at 03:15 PM
Last year, Equity launched a ground- breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to their account....
Equity Group expands regional presence by acquiring COGEBANQUE in Rwanda
Jun 15, 2023 at 07:50 PM
Equity Group Holdings has announced its strategic move to acquire Compagnie Générale de Banque (COGEBANQUE) PLC Ltd in Rwanda....
Elite detectives bring down a notorious gang of four in dramatic shootout in Kilifi
Jun 13, 2023 at 04:10 PM
Four notorious criminals responsible for a spate of armed robberies across Machakos, Mombasa, and Kwale Counties met a fatal end on Monday night after engaging in a relentless shoo...
Equity Group records Sh12.8 billion in net profit, Sh1.54 trillion growth in total assets
May 16, 2023 at 02:40 PM
Equity Group posted a Profit After Tax growth of 8 per cent of Sh12.8 billion, up from Sh11.9 billion, while the Pre-Tax Profit grew by 10 per cent to Sh16.9 billion up from Sh15.3...
KCB Bank dethrones Equity Bank as Kenya's largest lender by asset size
May 15, 2023 at 12:46 PM
Kenya Commercial Bank (KCB) has ousted Equity bank as the country’s largest lender by asset size driven by KCB’s move to aggressively expand its foreign subsidiaries....
Equity Bank posts historic Sh46.1 billion net profit despite economic challenges
Mar 29, 2023 at 11:19 AM
Speaking during the release of the results in Nairobi, Equity Group MD and CEO Dr James Mwangi says the glossy financial results resulted from intentional leadership decisions....
Four suspects arrested for breaking into a vehicle and stealing Sh50,000 in South C
Feb 17, 2023 at 02:26 PM
Detectives arrested four members of a criminal outfit that specialised in breaking into people’s vehicles and stealing their valuables within Nairobi....