Topic: James Mwangi
Equity Bank responds to CBK rate slash with significant loan interest reduction
Nov 19, 2024 at 02:38 PM
In a bid to provide financial relief to its customers, Equity Bank has announced a significant reduction in interest rates on all Kenya Shilling-denominated credit facilities, effe...
Equity Group profit after tax increases by 13 per cent to Sh40.9 billion in Q3 2024
Nov 12, 2024 at 07:43 PM
Equity Group Holdings Plc (EGH) reported a Sh40.9 billion profit after tax for the first nine months of 2024, marking a 13 per cent year-on-year growth amid a challenging economic ...
CBK Governor Kamau Thugge shuts down talk of term limits for Kenyan bank CEOs
Oct 09, 2024 at 10:20 PM
In a move that will likely cement the long reign of Kenya’s top banking chiefs, Central Bank of Kenya (CBK) Governor Kamau Thugge has ruled out any immediate plans to introduce t...
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Equity pumps Sh25 million into Kenya Music Festival, pledges Sh100 million
Aug 15, 2024 at 04:23 PM
Equity Bank has underscored its commitment to education and youth development through a significant partnership with the Ministry of Education and the Kenya Music Festival (KMF)....
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Equity Group weathers economic turmoil to record Sh29.6 billion in half-year profit
Aug 12, 2024 at 02:13 PM
Equity Group Holdings Plc (EGH) has announced a commendable half-year profit after tax of Sh29.6 billion, marking a 12 per cent increase compared to the same period last year....
Smallholder farmers to benefit from new Equity Group and WFP Partnership
Jul 23, 2024 at 05:17 PM
Smallholder farmers are set to benefit significantly from a newly inked partnership between Equity Group and the World Food Programme (WFP), which aims to provide financial literac...
Equity doubles down with Sh15.1 billion dividend payout for second consecutive year
Jun 27, 2024 at 12:23 PM
Equity Group shareholders celebrated a windfall at the company's 20th Annual General Meeting (AGM) after overwhelmingly approving a record-breaking Sh. 15.1 billion dividend payout...
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Equity drives US-Kenya private sector collaboration during Ruto’s recent visit
Jun 11, 2024 at 07:49 PM
Equity Group Holdings played a pivotal role in facilitating a strong private sector presence during President Ruto's recent historic visit to the United States....
Co-operative Bank rewards shareholders with Sh8.8 billion dividend payout
Jun 11, 2024 at 01:38 PM
Co-operative Bank (Co-op Bank) shareholders received a welcome windfall on Monday with the announcement of a Sh8.8 billion dividend payout....
James Mwangi roots for more private sector involvement in education during AfDB meeting
Jun 03, 2024 at 05:44 PM
The private sector emerged as a key player in improving Africa's education landscape during a high-level dialogue held at the African Development Bank (AfDB) 2024 Annual Meeting in...
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Equity Group rebounds with 25 per cent profit increase to Sh16 billion in Q1 2024
May 13, 2024 at 05:37 PM
Equity Group bounced back in the first quarter of 2024 reporting a 25 per cent increase in its net profit to Sh16 billion compared to the Sh12.8 billion recorded for same period in...
Equity expands money transfer services to over 30 countries with Mastercard deal
Apr 16, 2024 at 11:33 AM
Equity Bank, a leading Kenyan bank, has announced a significant expansion of its international money transfer services, reaching over 30 countries through a new collaboration with ...
Equity maintains Sh15.1 billion dividend as it records Sh43.7 billion post-tax profit
Mar 27, 2024 at 08:11 PM
Equity Group has recommended a record dividend of Sh15.1 billion for the second consecutive year, which translated to a payout of 36 per cent of its profit after tax....
Equity Group cements position as second-strongest banking brand globally
Mar 12, 2024 at 06:06 PM
Equity Group has cemented its position as a financial powerhouse, claiming the second-strongest banking brand globally and the top spot in Africa according to Brand Finance’s 202...
505 top performing students bag paid internships via Equity Leaders Program
Feb 20, 2024 at 12:05 AM
A total of 505 top performing students from 225 secondary schools across all the 47 counties have been admitted into the 26th cohort of the Equity Leaders Program (ELP)....
James Mwangi roots for more capital inflows to fund Green Projects in Africa
Dec 04, 2023 at 01:26 PM
Equity Group CEO Dr James Mwangi has urged African public and private sectors to push for greater capital inflows into Africa to finance green business ventures across the continen...
Equity Group cements regional footprint with its full acquisition of Cogebanque
Dec 01, 2023 at 10:01 PM
In a strategic move to bolster its regional influence, Equity Group Holdings Plc (EGH) has triumphantly concluded the acquisition of Compagnie Générale de Banque (Cogebanque) Plc...
Equity Group loans grow by 26 per cent as tough economy hits customers hard
Nov 20, 2023 at 04:16 PM
Equity Group grew its loan book by 26 per cent to Sh845.9 billion from Sh673.9 billion in Quarter 3 of the 2023-2024 Fiscal Year as customers grappled with high inflation, interest...
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 ...
Ruto picks Equity boss James Mwangi as first Open University of Kenya chancellor
Aug 03, 2023 at 03:45 PM
President William Ruto has named Equity Group CEO and MD Dr James Mwangi as the first Chancellor of the Open University of Kenya (OUK), Kenya's completely virtual university....
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