Equity Bank Kenya Limited

Equity Bank Kenya Limited
Equity Bank
KN: EQTY
IndustryBanking
PredecessorEquity Building Society
Founded1984; 40 years ago (1984)
Headquarters9th Floor, Equity Centre
Hospital Road, Upper Hill, ,
Kenya
Area served
East Africa
Key people
ProductsLoans, Mortgages Investments, Debit Cards, Credit cards
RevenueIncrease:Aftertax: US$308.32 million (KES:33.9 billion) (2021)[2]
Total assetsKES 960,938,706,000 (2024)[citation needed]
  • Increase KES 903,308,779,000 (2023)
  • KES 894,011,760,000 (2022)
[citation needed]
Total equity
  • Decrease KES 97,430,969,000 (2023)
  • KES 97,527,391,000 (2022)
[citation needed]
Number of employees
7,763 (December 2023)[3]
ParentEquity Group Holdings Limited
Websiteequitygroupholdings.com/ke/

Equity Bank Kenya Limited is a Kenyan bank and financial services provider headquartered in Nairobi providing retail banking and commercial banking services. The bank is licensed as a commercial bank by the Central Bank of Kenya, which is the national banking regulator of Kenya.[4]

In 2010 the bank introduced the Agency banking model,[5] which has proved a success[6] [clarification needed] and is regulated by Central Bank of Kenya Prudential guidelines.[7]

  1. ^ "Ambassador Erastus J O Mwencha is Appointed Board Chairman of Equity Bank (Kenya) Ltd". Retrieved 6 September 2021.
  2. ^ "Audited December 2013 Annual Report". Equity Bank Group (EBG). March 2014. Retrieved 23 November 2014.
  3. ^ Kabui Mwangi (4 September 2024). "Equity Bank Kenya staff numbers fall for first time in four years". Business Daily. Nairobi, Kenya. Retrieved 5 September 2024.
  4. ^ "Central Bank of Kenya: Directory of Commercial Banks And Mortgage Finance Companies". Central Bank of Kenya. Archived from the original on 1 July 2014. Retrieved 23 November 2014.
  5. ^ "New agency banking system deepens access to financial services". Business Daily. Retrieved 23 August 2017.
  6. ^ "Equity Bank 3.0: Agency Banking & Equitel". bankelele.blogspot.co.ke. 16 November 2015. Retrieved 23 August 2017.
  7. ^ "Legislation and Guidelines – CBK". CBK. Retrieved 23 August 2017.