Sign in
Download Opera News App

equity group

POLITICS

Jubilee Divisions: MP Wanjiku Kibe Sides With Uhuru, As Kamanda Threatens To Walk Away

Polycarp Igathe. [Source/The Star] Jubilee MPs have differed sharply on who the party should front at its candidate for Nairobi City Governor's seat. This is after President Uhuru Kenyatta, the Jubilee party leader, endorsed Equity Group Commercial Officer Polycarp Igathe to be the flagbearer of the ruling party in the August polls.

  3 months ago ago
Jubilee Divisions: MP Wanjiku Kibe Sides With Uhuru, As Kamanda Threatens To Walk Away

SPAM

26th July 2022 Newspaper Headlines Review

Modern Coast Buses Grounded:NTSA has suspended operations at Modern Coast bus company after the Nithi tragedy that killed 34 passengers.The bus driver's family reveals that he had complained about the bus' mechanical issues for some time. The Freedom Museum:President Uhuru Kenyatta leads journalists on a tour of Uhuru Gardens Museum.

  16 days ago ago
26th July 2022 Newspaper Headlines Review

ECONOMY-FINANCE

Message From Equity Bank To All Customers

Through various partners, the Group’s collaborative approach has enabled Equity Group to catalyze and crowd-in investment flows and capacity building into the region. Total Assets for the Group grew by 27% to KES 1.2Bn from KES 933.9Bn while Deposits grew by 27% to KES 875.7Bn from KES 691 and Net Loans grew by 23% to KES 559Bn from KES 453.9 billion

  9 months ago ago
Message From Equity Bank To All Customers

ECONOMY-FINANCE

Bad News to Kenyans As CBK Gives Banks Approval To Increase Loan Interest Rates

The Central Bank of Kenya (CBK) approved risk-based pricing models for commercial bank lending, ignoring the end of cheap money. This marks the beginning of higher domestic interest rates on government borrowing, as well as costlier loans to customers. Equity Group has announced that it had received CBK's approval to implement the new pricing regime, which will impose a one-time loan charge of between 13 and 18.5 percent on its customers.

  5 months ago ago
Bad News to Kenyans As CBK Gives Banks Approval To Increase Loan Interest Rates

POLITICS

Kenya Newspaper Headlines Reviews For 23rd June

Deputy President William Ruto says he will deliver all the promises he has made to Kenyans if elected president in the upcoming general election. Ruto who led the Kenya Kwanza brigade in a vote hunting mission in Kajiado County recapped various projects in the county which he says he managed to accomplish in the Jubilee government promising to conclude them for the benefit of all.

  1 month ago ago
Kenya Newspaper Headlines Reviews For 23rd June

POLITICS

List Of Tycoons Who Fund Kenyan Politics

Much the same as the familiar aphorism goes behind each effective man, there is a lady, so is the situation in the Kenyan political scene. You will seldom hear their names in political missions, not many of them want to run for political seats yet their grasp and control of the Kenyan governmental issues must be known by party hardware. They will appear and make things happen for their competitors be in official races. These days they have extended their limbs to province governmental issues where they oversee

  1 year ago ago
List Of Tycoons Who Fund Kenyan Politics

POLITICS

What Igathe Said on His Nairobi Gubernatorial Bid

Equity Group Commercial Officer Polycarp Igathe has refuted claims that he is President Uhuru Kenyatta's project in the Nairobi Gubernatorial race. Speaking for the first time after Jubilee Party confirmed that he was eyeing the county’s top seat, Igathe officially confirmed of joining the race to become the city's fourth governor.

  3 months ago ago
What Igathe Said on His Nairobi Gubernatorial Bid

EDUCATION

KCPE 2021 Wings To Fly Scholarship Open For Applications

The Wings to Fly grant program, an activity of the Equity Group and the Mastercard Foundation (MCF), was established to support voluntary training for children who are doing well from well-tested financial bases.With support from different partners, the program offers the acceptance of a program to prepare recently reduced children in all areas.

  1 year ago ago
KCPE 2021 Wings To Fly Scholarship Open For Applications

HEALTH

Kisumu County Soars High in Fight Against COVID-19 as DG Receives This Donation From Equity(Photos)

Kisumu County Government has today sored high in the fight against COVID-19 which has proven a major menace in the Lake region over the recent months. (Photo, Courtesy) Kisumu County Government led by Deputy Governor Dr. Ochieng Owili on Thursday, 8th July 2021, received a donation from Equity to boost their fight against the novel pandemic.

  1 year ago ago
Kisumu County Soars High in Fight Against COVID-19 as DG Receives This Donation From Equity(Photos)

POLITICS

Igathe Comes Back To Nairobi Politics, Says He Is Not nobody's Project

Igathe explained that he resigned as Sonko's Deputy in order to avoid betraying the trust that God and the voters had placed in him. Polycarp Igathe, the Commercial Officer of Equity Group, has denied that he is President Uhuru Kenyatta's project in the Nairobi gubernatorial election.

  3 months ago ago
Igathe Comes Back To Nairobi Politics, Says He Is Not nobody's Project

ECONOMY-FINANCE

Equity is set to pay a record Sh11.3 billion in dividends

For the year ended December, when its net profit nearly quadrupled to Sh39.1 billion, Equity Group is expected to give shareholders a record dividend of Sh11.3 billion, or Sh3 per share. After restricting rewards in 2019 and 2020 to save funds in the aftermath of the Covid-19 epidemic, the lender has restored dividends.

  4 months ago ago
Equity is set to pay a record Sh11.3 billion in dividends

ECONOMY-FINANCE

Equity Group Ranked The 5th Strongest Banking Brand In The World

The famous bank which is East Africa and the whole world has today been ranked the fifth banking brand in the world. Accoring to the ranking details, Equity group was named as the best bank in the world which has significantly improved by the customers. According to the news which was shared on the social media platforms, many people in the world are using equity bank in the daily transaction businesses which leads it to be the fifth in the world.

  6 months ago ago
Equity Group Ranked The 5th Strongest Banking Brand In The World

ECONOMY-FINANCE

Equity Bank Joins The Insurance Industry

The leading East African online banking enterprise, Equity bank, has joined the insurance sector under the Equity Life Assurance brand name. The business' launch follows the granting of an operations license by the Insurance Regulatory Authority earlier today, January 10th 2022. Equity Bank's entry into the market brings the number of operational insurance and re-insurance companies in the country to a whopping sixty two.

  7 months ago ago
Equity Bank Joins The Insurance Industry

ECONOMY-FINANCE

All profits on Kenya Banks

Absa Bank Kenya Plc On August 26th Absa Bank reports 846% rise in Net Profit to KSh. 5.6Billions.Absa Bank kenya Plc reported its financial result for the first six months of the year period ended 30th June 2021.The last year banks profit was 0.6 Billion. Family Bank Ltd

  11 months ago ago
All profits on Kenya Banks

HEALTH

Joy as Equity Bank CEO Does This for County in Fight Against COVID-19

The fight against COVID19 pandemic in Turkana County has received a shot in the arm after Equity Bank Kenya CEO Dr. James Mwangi announced that the bank will extend it's support of PPEs supplies by an extra one and a half year moving forward. Speaking today at Lodwar County Referral Hospital during the handing over of the latest Personal Protective Equipment supplies to the county, Dr. Mwangi confirmed that Kakuma Mission Hospital has also be enlisted as a future beneficiary of the PPEs support so as to boost protection of health care workers handling covid-19 patients in the larger Turkana West region.

  1 year ago ago
Joy as Equity Bank CEO Does This for County in Fight Against COVID-19

DIGITAL-TECHNOLOGY

Equitel Now In The 4G Era

Good news for Equitel users as 4G network service has now been rolled out. The network operator is in a verge to match with the current standards of fast browsing speeds. Lanre Bamisebi, Equity Group IT and Operations Director said that the new 4G enabled Equitel sim will address the issues concerning slow internet connections and limited data coverage.

  1 year ago ago
Equitel Now In The 4G Era

ECONOMY-FINANCE

Profits and Loses in top Kenyan Businesses

Equity Profit Increases To Ksh.11.5 Billion Equity Group total assets increased by 19% to Ksh.1.270 trillion in the first quarter of 2022, with the lender's subsidiaries now accounting for 40% of the group's income. In this quarter profit incresed by 33.7% to Ksh.11.4 billion in March, up from Ksh.8.6 billion the previous year, while Net interest income increased by 31.1% to Ksh.19.4 billion from Ksh.14.8 billion, driving up bank profitability and Non-interest funded income (NFI) increased by 9.2% from Ksh.10.9 billion to Ksh.11.9 billion.

  2 months ago ago
Profits and Loses in top Kenyan Businesses

ECONOMY-FINANCE

Equity Group, Prompt focus to protect and sustain customer businesses in early day’s of Covid-19

Equity Bank profit dips on bad loans. Earnings fell 14 per cent on bad loans as Covid-19 negatively impacted the lender’s business. Equity Group has posted a 14 per cent drop in profit after tax for the third quarter of 2020. The bank reported profit of Sh14.8 billion for the nine months, down from Sh17.3 billion over a similar period last year According to the company’s financial statements for the period ended September, the fall in earnings was driven by a spike in bad loans as the Covid-19 pandemic disrupted

  1 year ago ago
Equity Group, Prompt focus to protect and sustain customer businesses in early day’s of Covid-19

ECONOMY-FINANCE

Equity CEO Urges Learners To Control Hormonal Urges

Equity Group chief executive officer (CEO) James Mwangi has urged young learners to exercise self-control over their bodies and keep off retrogressive cultural practices. While speaking at Emurua Dikirr Secondary School in Trans Mara East Sub-County yesterday, Mr Mwangi told students that the reason God differentiated human beings from animals is to give them the ability to reason and choose what is best for them.

  1 year ago ago
Equity CEO Urges Learners To Control Hormonal Urges

EDUCATION

320 Benefit from Wings to Fly Scholarship Programme

Equity Group CEO and Turkana Deputy Governor witnessed the commissioning of 320 academically promising scholars into the Wings to Fly scholarship program to pursue their secondary education. The selected group from Turkana form part of the 1705 scholars to benefit from the program following a rigorous selection exercise that attracted more than 60,000 applicants across the country.

  1 year ago ago
320 Benefit from Wings to Fly Scholarship Programme