Equity Bank Kenya Managing Director Moses Nyabanda described the partnership as a strategic alignment of purpose.
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The Bank claimed the top position in nine categories, including Best in SME Banking, Agriculture Financing and Asset Financing.
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With Eldoret’s status as a growing commercial hub, Equity Bank’s commitment to supporting local enterprises remains a key driver of regional prosperity.
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The reduced interest rates will comprise a revised Equity Bank Reference Rate (EBRR) of 14.39% plus a margin (based on specific customer risk profile).
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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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The 2023 Sustainability Report epitomizes Equity Group's proactive approach to driving positive change in society and continues to attract global accolades with Brand Finance ranking the Bank as the Second Strongest Banking Brand in the World and as the Most
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The new branch will provide needed convenience and accessibility for individuals and business owners.
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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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