Tag: Equity Group

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Equity Group Holdings Plc has announced record FY2025 results in Kenya’s corporate history, posting a 55% increase in Profit After ...

From Left to Right: Equity Group Non-Executive Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi, and Equity Bank Tanzania Managing Director, Isabela Maganga, during the Q3 2025 Investor Briefing event. Equity Group Holdings Plc posted a 32% growth in Profit After Tax to Kshs. 54.1 billion, up from Kshs. 40.9 billion in the same period last year, marking another quarter of strong performance and resilience.

Equity Group records 32% growth in profit after tax for Q3 2025

by Matooke Republic

November 1, 2025

Equity Group Holdings Plc has announced its Q3 2025 results, showcasing a robust performance driven by strategic transformation and resilience. ...

Group photo of ELP Scholars who will be flying to different global universities with Equity Bank's Executive Director Mr. Claver Serumaga and Equity Group Foundation Board Director, Mr. Sam Bwaya.

128 Equity Leadership Scholars admitted to global universities

by Matooke Republic

August 13, 2025

A total of 128 Equity Leadership Program (ELP) scholars have secured admission and scholarships to join 62 global universities across ...

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

Four years ago, Equity Group embarked on a journey of transformation. The journey was not of incremental change or optimizing ...

Who is Claver Serumaga, the new Equity Bank Uganda Executive Director?

by Matooke Republic

July 8, 2025

Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc., has appointed Claver Serumaga as its new Executive Director, Commercial ...

Equity Group Managing Director and CEO, Dr. James Mwangi.

Equity Group secures approval to open UAE office

by Matooke Republic

July 1, 2025

Equity Group has received shareholder approval to establish a Representative Office in the United Arab Emirates (UAE), marking a major ...

Equity Group shareholders endorse strategic growth at 21st AGM, approve Shs444.9 billion dividend and expansion into UAE

by Matooke Republic

July 1, 2025

Equity Group Holdings Plc today held its 21st Annual General Meeting (AGM), where shareholders overwhelmingly supported all proposed resolutions, signalling ...

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.

Equity Group posts UGX 423.5 billion profit amid strong regional growth

by Matooke Republic

June 1, 2025

Equity Group has achieved strong results and business growth across the region, solidifying its position as a systemic regional financial ...

State Minister of Finance in charge of Investment and Privatization, Hon. Evelyn Anite, with Equity Bank officials during the Equity Trade Mission at Four Points by Sheraton, Kampala, Uganda.

Equity Group rallies global investors in week-long trade mission to unlock opportunities in Tanzania and Uganda

by Matooke Republic

May 23, 2025

Equity Group has concluded a week-long Trade and Investment Mission to Tanzania and Uganda, aimed at unlocking trade and investment ...

Equity Group recognized as a Superbrand in East Africa

by Matooke Republic

May 20, 2025

Equity Group Holdings Plc has been recognized as a Superbrand in East Africa. Superbrands is a globally respected authority on ...

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Tag: Equity Group

Equity Group posts record Ksh75.5 billion profit

Equity Group records 32% growth in profit after tax for Q3 2025

128 Equity Leadership Scholars admitted to global universities

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

Who is Claver Serumaga, the new Equity Bank Uganda Executive Director?

Equity Group secures approval to open UAE office

Equity Group shareholders endorse strategic growth at 21st AGM, approve Shs444.9 billion dividend and expansion into UAE

Equity Group posts UGX 423.5 billion profit amid strong regional growth

Equity Group rallies global investors in week-long trade mission to unlock opportunities in Tanzania and Uganda

Equity Group recognized as a Superbrand in East Africa

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