Equity Banque Commerciale du Congo

Equity Banque Commerciale du Congo
(EquityBCDC)
FormerlyEquity Bank DRCongo
Company typePrivate company
Subsidiary of Equity Group Holdings Limited
IndustryFinance
HeadquartersKinshasa, ,
Number of locations
74 Branches (2022)
Area served
Democratic Republic of Congo
Key people
Nestor Ankiba (Chairman)
Celestin Mukeba Muntuabu (Managing Director)
Jean Claude Tshipama (Deputy Managing Director)
[1]
ServicesFinancial Services
(After-tax) USD 32.82 million[2] (Q1: 2024)
Total assetsUS$4.75 billion (KSh622 billion)[2] (2023)
Members1,300,000+[3] (2021)

Equity Banque Commerciale du Congo (EquityBCDC) is a commercial bank in the Democratic Republic of the Congo. It is a merger between Equity Bank Congo (EBC), formerly ProCredit Bank DRCongo, and Banque Commerciale du Congo. This followed the acquisition of majority shareholding in both banks by the Equity Group Holdings Limited, a Kenya-based financial services conglomerate with total assets in excess of US$10 billion.[4]

  1. ^ Equity Group Holdings (15 February 2021). "EquityBCDC Announces Leadership Team on Heels of Brand Transformation author". Equity Group Holdings. Nairobi, Kenya. Retrieved 17 October 2022.
  2. ^ a b James Anyanzwa (19 July 2024). "DRC Tops Profit Charts For Kenyan Banks In EAC". The East African. Nairobi, Kenya. Retrieved 22 July 2024.
  3. ^ Cite error: The named reference FootR was invoked but never defined (see the help page).
  4. ^ Patrick Alushula (31 December 2020). "Equity Group gets approval to merge two banks in DRC". Business Daily Africa. Nairobi. Retrieved 1 January 2021.