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Uhuru commends Equity Bank for growing Africa’s economic freedom
By PSCU,
943, April 22, 2021 (EAT)
President Uhuru Kenyatta has commended Kenya's Equity Bank for its growing continental presence saying the financial institution's expansion is helpin...
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COVID-19 trims bank acquisition costs to their lowest
By Kepha Muiruri,
1422, April 21, 2021 (EAT)
Mergers and acquisition costs (M&A) in the banking sector now sit at their lowest in seven years with the COVID-19 pandemic knocking off high cost...
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President Kenyatta arrives in Kinshasa for three-day state visit
By PSCU,
1955, April 20, 2021 (EAT)
President Uhuru Kenyatta has arrived in Kinshasa for a three-day state visit of the Democratic Republic of Congo at the invitation of President Felix ...
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Equity full-year profit falls by 12 per cent to Ksh.19.8 billion
By Kepha Muiruri,
1152, March 29, 2021 (EAT)
Equity Group has reported an 11.6 per cent decline in 2020 full-year earnings with profit down at Ksh.19.8 billion from Ksh.22.4 billion in 2019. T...
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Equity Group Holdings plans Trans-Africa expansion with Ksh.11B loan
By Citizen Reporter,
2044, March 23, 2021 (EAT)
Equity Group Holdings (EGH) has signed a USD $100 million loan (Ksh 11 Billion) facility to support its expansion across Eastern and Central Africa, e...
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Equity BCDC unveils new identity in DRC
By Citizen Reporter,
1206, February 12, 2021 (EAT)
Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...
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Equity Group Holdings to merge with Banque commerciale du Congo
By Citizen Reporter,
534, January 1, 2021 (EAT)
Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the n...
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Equity Group half-year profit falls by 24pc from higher costs to cover loan defaults
By Citizen Reporter,
1037, August 18, 2020 (EAT)
Equity Group Holdings PLC (EGH) has announced its half year results for the period ended June 30, 2020 reflecting a 24% decline in profitability. P...
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Equity completes purchase of stake in Congolese bank for Ksh.10.3 billion
By Kepha Muiruri,
1534, August 11, 2020 (EAT)
Equity Group has completed the acquisition of a 66.53 per cent bank in the Commercial Bank of Congo (Banque Commerciale du Congo). The deal which d...
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Equity Group to acquire 66% of Congolese bank
By Duncan Mutwiri,
940, November 19, 2019 (EAT)
Equity Group Holdings (EGH) is on track to acquire a majority stake in the Banque Commercial du Congo. On Monday, the bank reported its purchase ag...
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Equity Group doubles presence in DRC with new acquisition
By Kepha Muiruri,
1911, September 9, 2019 (EAT)
Equity Group has moved to strengthen its Democratic Republic of Congo (DRC) banking business with a new proposed purchase of a controlling stake in th...
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