Equity Group Holdings Limited
 |
|
| Public Company | |
| Traded as |
KN: USE: EBL |
| Industry | Banking and Finance |
| Predecessor | Equity Building Society |
| Founded | 1984 |
| Headquarters | 9th Floor, Equity Centre Hospital Road, Upper Hill Nairobi, Kenya |
|
Key people
|
Peter Munga Chairman James Mwangi Group CEO |
| Products | Loans, mortgages, investments, debit cards, credit cards |
| Revenue |
 Aftertax:US$164.9 million (KES:17.151 billion) (2014) |
| Total assets | US$3.855+ billion (KES:400.993 billion) (Q2:2015) |
|
Number of employees
|
6,000+ (2014) |
| Website | www |
Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, and the Democratic Republic of the Congo.
EGHL is a large financial services conglomerate. As of 30 June 2015, it had estimated assets exceeding US$3.855 billion (KES:400.993 billion) and estimated shareholders' equity of more than US$624.875 million (KES:64.996 billion). EGHL has a customer base exceeding 10 million in the six African countries it serves, making it the largest commercial bank on the African continent by customer numbers.
In June 2008, EGHL was voted by Euromoney Awards for Excellence as the best bank in Kenya. EGHL was named the overall best bank in Kenya at the Renaissance Capital Bank Awards in August 2008 and was cited locally as the only stock that returned positive shareholder value during 2008 at the . EGHL was named as the Best Performing Company in Africa during the annual African Investor Index Awards, held on 21 September 2009, in New York City. EGHL has exclusive rights to issue American Express credit cards across the African continent outside South Africa.
EGHL was founded in Kenya, the largest economy in the East African Community, as the Equity Building Society (EBS) in October 1984. EBS was originally a provider of mortgage financing for customers in the low income population. Also because of its rural banking orientation, promotion of agribusiness is a significant and strategic intervention by the bank. By September 2015, Equity Bank had more than 9.2 million customers.The Banker listed Equity Bank among the Top 1,000 Banks in the World with the highest return on assets in the African continent, generating a rate of 6.84 per cent on assets employed.
...
Wikipedia