In FY 2024, Equity Group Holdings Plc achieved a Profit After Tax (PAT) of Kshs 48.8 billion, demonstrating the continued success of the Group’s diversified business model and prudent risk management.
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The High-Level Advisory Council on Jobs was launched during the 2024 World Bank Group-IMF Annual Meeting, in October 2024 in Washington, DC, with the ethic that creating jobs is central to combating poverty, growing prosperity, and enhancing dignity.
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The reduced interest rate on all new and existing Kenya Shilling-denominated credit facilities will comprise the revised Equity Bank Reference Rate (EBRR) of 17.39% plus a margin, currently capped at a maximum of 8.5% per annum.
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Euromoney, renowned for its rigorous evaluation process, celebrates institutions that demonstrate exceptional corporate responsibility, ethical conduct, and transformative community initiatives.
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Remittances are a key economic driver in Sub-Saharan Africa with a reported $53 billion flowing into the region in 2022. In Kenya, the Central Bank of Kenya reported $5.77 billion worth of foreign currency inflows in 2022.
Cross-border remittances unlock financial inclusion by empowering individuals
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The performance reflected strong momentum as net interest income grew by 21% to Kshs.104.2 billion up from Kshs.86 billion while non-funded income registered an impressive 30% growth to Kshs.75.9 billion up from Kshs 58.3 billion.
Gross trade finance revenue grew by
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The induction facilitated their interaction with leaders from various industries, including the Equity Group leadership team, covering crucial topics such as leadership, personal growth, and community development, ensuring a well-rounded learning experience.
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The Wings to Fly program was established by Equity Group Foundation in partnership with Mastercard Foundation and with support from the German Government through KfW, USAID, and UKAID, alongside other partners including individual benefactors.
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