Equity Group Holdings

Equity Group Holdings Limited
Company typePublic Company
KN: EQTY
USE: EBL
IndustryBanking and Finance
PredecessorEquity Building Society
Founded1984
Headquarters
9th Floor, Equity Centre
Hospital Road, Upper Hill
Nairobi, Kenya
Number of locations
463 branch banks[1] (2021)
Key people
Isaac Macharia
Chairman[2][3]
James Mwangi
Group CEO
Mary Wangari Wamae
Group Executive Director[4]
ProductsLoans, mortgages, investments, debit cards, credit cards, Health, Insurance
RevenueIncrease KSh 20.4 Billion (Q1 2024) [5]
Total assetsKSh1.821 Trillion (Approx US$13 billion) (Q1 2024)[6]
Number of employees
13,102 (2023)[7]
RatingLong Term-rating Scale: AA-(KE), Short-term rating Scale: A1(KE), Rating Outlook: Stable - July 2021 [8]
Websiteequitygroupholdings.com

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, Democratic Republic of the Congo and a representative office in Ethiopia.[9]

  1. ^ "Investor Briefing H1 2021 Performance" (PDF). Retrieved 30 August 2021.
  2. ^ "David Ansell retires as Equity Group Board Chair as Professor Isaac Macharia takes over the baton". David Ansell retires as Equity Group Board Chair as Professor Isaac Macharia takes over the baton. Business daily Africa. Retrieved 28 August 2021.
  3. ^ Gachane, Ndung'u (1 August 2018). "Retiring Equity Bank chairman takes his successor to where it all began". Business Daily Africa. Nairobi. Retrieved 1 August 2018.
  4. ^ Brian Ngugi (17 July 2018). "Equity appoints director for its subsidiaries". Business Daily Africa. Nairobi, Kenya. Retrieved 21 January 2022.
  5. ^ "2023 FY Results". Retrieved 17 May 2024.
  6. ^ "Equity Group Holdings PLC Un-Audited Financial Statements and Other Disclosure for the Period Ended 30th March 2024" (PDF). Retrieved 17 May 2024.
  7. ^ "source" (PDF). Retrieved 17 May 2024.
  8. ^ "GCR affirms the AA-(KE)/A1+(KE) Ratings of Equity Group Holdings Plc, Ratings Placed on Stable Outlook to reflect easing operating environment pressure and performance resilience – GCR". Retrieved 18 September 2021.
  9. ^ Wahito, Margaret (26 May 2015). "Equity Group enters DRC market". Nairobi: 98.4 Capital FM. Retrieved 24 March 2018.