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Business

From Left to Right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi, Director Equity Group Foundation Operations, Dr. Joanne Korir and Equity Bank Kenya Managing Director, Moses Nyabanda, during the Half Year 2025 Investor Briefing event. Equity Group Holdings posted a 17% growth in Profit After Tax to Kshs. 34.6 billion up from Kshs. 29.6 billion for the period ended 30th June 2025, achieving its strongest quarterly performance in history with a Profit Before Tax of Kshs. 22.9 billion in Q2 2025. Total assets grew by 3% year on year to Kshs. 1.8 trillion, while customer deposits rose by 2% to Kshs. 1.32 trillion. Net loans increased by 4% year on year to Kshs. 825.1 billion. Regional subsidiaries contributed 49% of total deposits, 50% of the loan book, and 46% of profit before tax, with markets such as DRC, Rwanda, Uganda, and Tanzania recording strong growth in profitability, deposits, and loans. This performance underscores Equity’s successful transformation from a Kenyan bank into a regional financial powerhouse with an expanding footprint across East and Central Africa.

Equity Group’s half-year net profit rises to Kshs 34.6 billion from Kshs 29.6 billion

by Matooke Republic

August 12, 2025

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Digital Banking: Bridging the financial inclusion gap in Uganda

by Matooke Republic

August 12, 2025

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Equity Bank Uganda team in the white branded t-shirts led by Damali Balungi- International Banking Manager, and Allen Ritah Nanteza- Diaspora & International Money Transfer (IMT) Officer, together with the Diaspora team.

Equity Bank opens doors in South Africa, empowers Ugandans to save and invest in Uganda

by Matooke Republic

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Nuhu Kanyike, Managing Director of Falkan Investments Ltd.

How Equity Bank empowered Falkan Investments to grow and thrive

by Matooke Republic

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President, Central African Republic(CAR), Faustin-Archange Touadera; Keynote Speaker and Group Chair, United Bank for Africa and Founder, Tony Elumelu Foundation, Mr. Tony Elumelu; and Finance Minister, Central African Republic (CAR), Hervé Ndoba at the opening ceremony of African Caucus Meeting of the African Governors of the World Bank and International Monetary Fund(IMF), where he spoke to “Resilient Infrastructure, Human Capital and Green Assets, in Bangui, CAR, on Thursday.

Tony Elumelu calls for investment in youth and energy to drive Africa’s growth

by Matooke Republic

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Stakeholders delight in a photo moment after the launch of the Tukikube ne I&M Bank campaign.

I&M Bank launches ‘Tukikube ne I&M Bank’ campaign to empower SMEs through improved financial literacy

by Matooke Republic

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Hon. Matia Kasaija (2nd right), Minister of Finance, Planning and Economic Development, congratulates Mr. Kenneth Kitariko (right) upon his inauguration as Chairperson of the NLGRB. Looking on are outgoing Board Chairperson, Mr. Aloysius Mugasa Adyeri (2nd left), and CEO, Mr. Denis Mudene Ngabirano (left).

Finance Minister Matia Kasaija lauds National Lotteries and Gaming Regulatory Board and management for transforming gaming sector; challenges new board to sustain growth

by Matooke Republic

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Marsha Nyonyozi Walusimbi.

Who is Marsha Nyonyozi Walusimbi, the new dfcu Bank Chief of People and Culture Transformation

by Matooke Republic

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William Kayongo, dfcu’s Head of Enterprise Banking.

INTERVIEW: How Mobi Loan Supports SME Growth

by Matooke Republic

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Sudhir scores legal victory as London Court dismisses key dfcu evidence in Crane Bank dispute

by Matooke Republic

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