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Equity to pay shareholders Ksh 15B despite profit fall

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Equity Group says its 2023 full year net profit decreased by 5pc to Ksh 43.7 billion on account of higher loan loss provision. The drop...

Equity Group Q3 net profit up 5pc to Ksh 36B

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Equity Group profit after tax has risen by 5pc to stand at Ksh 36.2 billion in nine months of the this year to September. The...

Court blocks Equity Bank from TransCentury takeover

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TransCentury will continue to run its operations independently after Nairobi High Court dismissed an application by Equity Bank Kenya to appoint receiver managers to...

Tatu City, Equity Bank ink deal for property purchase

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Equity Bank and Tatu City have entered into a financial arrangement that avail various financial solutions to customers seeking to acquire assets within the...

Equity Group inks deal to expand cross border payments

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Equity Bank has signed a decade long agreement with MasterCard to offer customers additional channels to conduct regional and global transactions. The Customer Business Agreement...

Court saves East African Cables from Equity Bank takeover

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The High Court has barred Equity Bank from proceeding with a planned takeover of East African Cables over pending debt. Equity Bank through a notice...

Court halts Equity Bank’s takeover of TransCentury

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TransCentury Plc has received a temporary injunction from the High Court barring Equity Bank from appointing a receiver manager to oversee the firm's operations. The...

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