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Nairobi, Kenya 17th October 2023... Equity has received three prestigious awards at the Global SME Finance Awards 2023. Organized by the International Finance Corporation (IFC), a member of the World Bank Group, and the SME Finance Forum, these awards recognize outstanding achievements in expanding access to finance for small and medium-sized businesses.
Equity has made a collaborative effort to support SMEs and women in business. The lender, who has a strong regional presence in East and Central Africa has innovated financial solutions to meet the needs of SMES, individual women, women in groups and women-led SMEs enabling them to enhance their growth and wealth creation. SMEs operating within key sectors of the economy receive mentorship and entrepreneurship training in personal finance management, basic book-keeping, and marketing among others. To date, a total of 2,417,019 women and youth have been trained in financial education, 448,169 MSMEs have been trained in entrepreneurship, and a total of Kes 248.3 billion has been disbursed to 269,081 MSMEs under the Young Africa Works Program.
Launched in 2018 and now in its sixth year, the Global SME Finance Awards capture the effective and successful practices of financiers, honoring the innovative products and services for SME clients that have achieved impressive results in expanding finance and services to SMEs and the institutions that undertake those efforts.
This year, there were four award categories:
To learn who the winners are, please visit: https://www.smefinanceforum.org/awards-2023
Equity Bank has opened a new branch at Gikomba market as it aims to increase financial services available to individuals and businesses in the area
View MoreCustomers within the Equity ecosystem in Kenya and its five other banking subsidiaries will be provided a convenient & affordable channel to transact securely
View MoreEquity Bancassurance Intermediary Ltd and Equity Life Assurance (Kenya) Ltd, emerged as top achievers at the 2024 Insurance Awards
View MoreThis collaboration underscores the Bank’s commitment to supporting educational initiatives and highlighted its belief in the role of music in promoting culture
View MoreThe Group recorded a half-year PAT of Kshs.29.6 billion representing a 12% year on year growth, with earnings per share increasing to Ksh.7.6 from Ksh. 6.7
View MoreThe Board has today appointed Mr. Moses Okoth Nyabanda as the Acting Managing Director of Equity Bank Kenya, subject to Central Bank of Kenya approval
View MoreEquity has triumphed at the 2024 Euromoney Awards, securing 4 accolades that highlight its leadership in corporate responsibility & financial service excellence
View MoreEquity Group unveiled its third annual sustainability report for the year 2023, themed “A sustainable world is a transformed Africa.”
View MoreThe Group recorded a 9-month Profit after Tax of Kshs.40.9 billion representing a 13% year- on-year growth, with earnings per share up to Ksh.10.4 from Ksh.9.2
View MoreEquity Bank emerged as a top performer at the 20th Edition of the Think Business Banking Awards, securing the first position in nine categories
View MoreAfter reporting a 5% decline in profit after tax for the year ended 31st December 2023, Equity Group has bounced back recording strong 1st quarter results
View MoreEquity Bank (K) Ltd is pleased to announce a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities
View MoreNairobi, 4th September 2024: Equity Bank has been celebrated as the most admired financial brand at the 14th annual Brand Africa 100, Africa’s Best Brands...
View MoreMastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries.
View MoreA huge congratulations to Team Equity, the champions of the 2023 Kenya Institute of Bankers (KIB) Interbank Games! With an astounding total of 1,061 points...
View MoreThe performance reflected strong momentum as net interest income grew by 21% to Kshs.104.2 bn up from Kshs.86 bn while NFI registered an impressive 30% growth
View MoreEquity has for the third time in a row been recognized as the most loved banking brand by women in Kenya, according to a recent survey conducted by IPSOS & BSD
View MorePayPal withdrawal service is available on Equity Mobile & Equity Online. Customers can seamlessly link their PayPal and Bank accounts for instant withdrawal
View MoreThis milestone will ensure faster and more reliable connectivity that empowers businesses, communities, and individuals, enabling them to actively engage in...
View MoreEquity Leaders Program is designed to empower academically gifted scholars by facilitating their access to education in universities both locally and globally
View MoreIn addition to the scholarships, the beneficiaries also receive revision books, school uniforms, transportation to their, pocket money, mentorship & leadership
View MoreEquity's Asset Finance solution is designed to provide convenient and affordable financing options for customers, enabling them to acquire essential assets...
View MoreEquity Bank reported the highest number of transactions for climate-related financing among the 258 participating financial institutions globally.
View MoreThe Group grew its loan book by 26% from Kshs. 673.9 billion to Kshs.845.9 billion allowing the lights of the economies to remain on, while offering its...
View MoreThis esteemed honor solidifies Equity Bank Kenya's pivotal role in facilitating international trade and economic growth
View MoreThe agreement underpins Equity’s strategic vision plan for social economic transformation in the `Africa Recovery and Resilience Plan’ which puts a focus on...
View MoreEquity has signed an ambitious Customer Business Agreement with Mastercard, aimed at giving customers a broad range of benefits of Mastercard payment solutions.
View MoreEquity Bank has been feted as the best bank in Kenya for the 12th consecutive year, at the prestigious 18th edition of the Think Business Banking Awards.
View MoreEquity Group has weathered a turbulent macroeconomic environment to register a 21% growth with total assets reaching Kshs.1,537.7 billion.
View MoreThe Group Profit After Tax grew by 15% to reach KES 46.1B up from KES 40.1B driven by a 28% growth in total income of KES 144.3B, made up of KES 58.3B of NFI
View MoreIn its 2nd consecutive appearance in the Brand Finance Banking 500 rankings, Equity climbed one place to 4th position in the World’s Top 10 Strongest Banking...
View MoreEquity Bank (Kenya) customers can access the service conveniently from almost anywhere, enabling them to send funds through Equity Mobile App or Equity Online
View MoreThe completion of the acquisition follows an announcement that was made in September 2022 indicating that EBKL had entered into a transaction with Spire Bank...
View MoreThe 2023 Wings to Fly scholarships have been funded by Equity Group in partnership with the German Development Agency, KfW.
View MoreThe Wings to Fly scholarships selection entails a transparent and rigorous community-based verification and monitoring process
View MoreEquity Group Holdings Plc today reported Kshs.34.4 billion shillings profit after tax for the nine months to 30th September 2022.
View MoreThis shift will boost efficiency for Kenyans who receive payments through the international payment solutions provider.
View MoreOver 500 local entrepreneurs, MSMEs and corporates are expected to engage with the visiting delegates from the US
View MoreEquity has been feted by International Finance Corporation and Global SME Finance Awards as the platinum winner for the Best Financier for Women Entrepreneurs
View MoreEquity has been recognized by the Kenya Bankers Association at the 2021 SFI Catalyst Awards for its efforts in championing sustainable finance initiatives
View MoreIn this transaction, Equity Bank Kenya Limited is acquiring approximately 20,000 deposit customers holding deposits of approximately KES 1,322 million
View MoreThis will allow Kenyans living in the UK and the USA to send money directly from their banks, through the NALA app, instantly to Equity Bank Kenya accounts
View MoreThe partnership seeks to implement the AfCFTA Agreement and the AfCFTA Private Sector Strategy through the `Africa Recovery and Resilience Plan’
View MoreThe partnership between CFAO Group and Equity will see farmers and individuals provided with up to 80% financing with flexible terms and at attractive rates
View MorePresident Paul Kagame presided over the launch of the Africa Recovery & Resilience plan and ground-breaking of one of the transformational projects of the Plan
View MoreEquity has been feted as the Best Bank in Kenya in the 2022 Think Business Banking Awards for the 11th consecutive year, reinforcing the Bank’s position as a...
View MoreEVA chatbot extends digital banking and customer support services to existing and new customers and can simulate a conversation (or a chat) with a user.
View MoreEquity Group Foundation has completed the selection process for 9,000 recipients of the 2022 Elimu scholarships joining Form One in the ongoing 2022 intake
View MoreRegional subsidiaries continued to gain market share with their total revenue contribution to the Group growing to 40% (Kshs.12.8 billion) up from 37%
View MoreThrough this equity investment, Equity Group commits to zero lending for coal related projects such as the development or expansion of coal-fired power plants..
View MoreEquity in partnership with Microsoft, brought together hundreds of students for the virtual Hackathon which ran from 17th February to 17th of March this year
View MoreThis brings the total number of ELP scholars and alumni of global universities to 715
View MoreAgainst a backdrop of uncertainty, the Group focused on supporting customers and in the process increased & accelerated loan disbursements & growth by over 29%
View MoreEquity has won the Visa Top Acquiring Award as well as the Visa E-Commerce (Acquiring) Award during the Visa Awards 2021 ceremony.
View MoreEquity Group has launched a private sector focused stimulus package to accelerate economic recovery and resilience in the Eastern and Central Africa region
View MoreEquity in partnership with Microsoft has launched a virtual hackathon open to students from The University of Nairobi and Meru University of Science and Tech...
View MoreEquity's Brand Strength Index (BSI) of 90.8, is only 3.2 basis points away from the strongest banking brand in the world
View MoreThe reduction in PayPal’s settlement period complements Equity’s digital banking solutions aimed at increasing customers’ ease of accessing and managing...
View MoreEquity has been ranked position 39 globally on return on assets, position 71 on return on capital, and position 149 on soundness; Capital Assets to Assets ratio
View MoreThe key economic sectors targeted by the Trade Mission are agriculture, education, health, sports, and tourism. Others are environment, SME’s, housing, energy..
View MoreThe two guarantees, which amount to a total of €39 million (5 billion KES), are the largest ever granted by Proparco to a financial institution
View MoreThis distinction further validates Equity as the country’s preferred bank by SMEs.
View MoreEquity has received two International Standards Certifications on IT Service and Information Security Management Systems, cementing its commitment to...
View MoreEquity Group Holdings Plc has announced a 98% growth in half year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year.
View MoreCustomers will enjoy faster speeds to browse, stream, download, and upload.
View MoreThe Bank was cited for its contribution in providing financial services and its active role in driving economic growth in thee larger East African region.
View MoreThis year’s admissions bring the total the number of scholars who have so far gained admission to global universities under the Equity Leaders Program to 754.
View MoreBeneficiaries of the 2017 Wings to Fly scholarships who sat for the 2020 KCSE exams have outperformed themselves registering an improvement in performance...
View MoreEquity American Express Card members earn Membership Rewards points when they spend on their Cards.
View MoreEquity Bank Kenya has received 22 accolades in the 2021 Banking Awards by Think Business cementing the bank’s position as the leading bank in Kenya.
View MoreEquity Group Foundation (EGF) has commenced the selection process for the 2021 Wings to Fly scholarship program in partnership with the...
View More600 farmers set to benefit from the exercise by receiving 60,000 tree seedlings for planting within their farms and institutions.
View MoreThe exercise is part of Equity’s 35 million trees planting initiative in the Group’s efforts to conserve the environment.
View MoreThe 2020 results reflect a purpose lived and a management team uniquely differentiated by the decisions it made.
View MoreEquity Bank Kenya is delighted to announce its partnership with Netherlands' FMO development bank with the signing of a NASIRA loan portfolio guarantee facility
View More"Our commitment is to continue working with MSMES to finance them to recover and thrive, and where necessary transform and adapt to the changing environment"
View MoreSupporting MSMEs is a long-term priority particularly as the segment remains under-financed and in need of patient capital.
View MoreBy transitioning to cleaner fuels like LPG, institutions can realize up to 40% savings in their cooking and lighting budget with better health and environmental
View MoreThe long-term loan facility equivalent to EUR 125 Million will support MSMEs to recover sustain and scale their operations, allowing them to retool, repurpose..
View MoreEquity has been ranked as the 2nd topmost valuable brand in Kenya, according to Brand Finance, an organization that specializes in brand valuation across all...
View MoreThe Bank has been awarded the Best Regional Bank in East Africa, and for the second year running, the Africa Socially Responsible Bank of the Year.
View MoreNairobi 25th November 2020… Equity has announced the appointment of Samuel Onyango as a Non-Executive Director to its Equity Bank (Kenya) Limited (EBKL) Board.
View MoreFor the third consecutive year, Equity has won the 2020 SME Bank of the year - Africa Award at the Global SME Finance Awards virtual Gala
View MoreThe second consignment of PPEs for public hospitals is valued at Ksh 125M with an additional consignment for final year medical and dental students from 11...
View MoreEquity becomes the 1st bank in Eastern and Central Africa to achieve this milestone paving way for East African banks to play in the league of big banks with...
View MoreKNCCI and Equity have signed an MOU that has seen Equity set aside Ksh. 200 billion for KNCCI members to access as part of the post COVID-19 financial support..
View MoreMSE Associations under MSEA will benefit from financial empowerment, advisory services and capacity building
View MoreThe announcement will further support Equity’s dedication to remaining Kenya’s leader in MSMEs financing and its ambition to better support underserved segments
View MoreThe Award is conferred annually to exceptional individuals who exemplify their outstanding `business worthy’ initiatives ethically by creating economic and ...
View MoreThe global scholars will benefit from undergraduate scholarships valued at over USD 18M (slightly over Kshs 2 billion) and receive a stipend of...
View MoreProf. Waema brings on board his extensive ICT experience that spans over 30 years in private and public sector organizations in Kenya and the African region
View MoreEquity Bank (Kenya) Ltd has appointed Amb. Erastus Mwencha as the Chairman, taking over from Prof. Isaac Macharia who was appointed Equity Group Board Chairman
View MoreEquity has rolled out a universal number for all outbound communication to its customers. Customers will be contacted by one outgoing number, 0763 000 000
View MoreThe Kenya Covid-19 Fund Board, in partnership with Equity Group Foundation have completed the delivery of the first consignment of locally manufactured PPEs...
View MoreEquity has signed a Memorandum of Understanding with Crown Healthcare to enable SMEs in the medical sector to acquire medical equipment
View MoreEquity has scooped three top awards at this year’s Euromoney Awards for Excellence. The Bank has been awarded Best Bank in Africa, Excellence in Leadership in..
View MoreThe loan is part of IFC’s global $8 billion fast-track COVID-19 facility to help businesses maintain operations and jobs during—and after— the COVID-19 crisis.
View MoreManufacturing of PPEs locally has taken off. The PPEs meet national and international quality standards
View MoreEquity Group will support its clients and customers to survive, recover and thrive by the end of COVID-19 pandemic.
View MoreThe funds will go towards the purchase of Personal Protective Equipment (PPE) for frontline medical personnel dealing with COVID-19 patients in public hospitals
View MoreA total of 9,000 beneficiaries of the Elimu Scholarship Programme will be proceeding to Form One, following the successful launch in Nairobi today.
View MoreThis year’s 1,136 scholarships were funded by Mastercard Foundation, Equity Group and the German Government through KfW.
View MoreEquity Bank was feted at the Banker’s awards held in London winning Bank of the Year- Kenya; Bank of the Year – Uganda and Bank of the Year- South Sudan.
View More56 Equity Leaders Program (ELP) scholars have been admitted to various top tier universities this year.
View MoreEquity Bank Kenya and AGCO have today signed a partnership agreement that will see their customers get up to 80% financing on the Massey Ferguson tractors
View MoreEquitel has recorded a 16% growth in the number of mobile money commerce transactions, according to the latest data from the Communications Authority (CA).
View MoreEquity has attracted and named the head of financial institutions in East and Southern Africa at the IFC as the Group’s Chief Operating Officer.
View MoreEquity Bank Kenya today announced the appointment of its long serving Director, Gerald Warui as its 4th Managing Director in its 35-year history.
View MoreEquity Bank Kenya and Toyota Kenya Limited have today signed a partnership agreement that will see customers get up to 95% financing payable within 60 months
View MoreThrough collaboration that will align their joint purpose to transform lives, Equity and Safaricom hope to build more inclusive financial products...
View MoreThey will also receive mentorship & leadership training during their secondary school journey to equip them with life skills that transforms them into leaders.
View More13 Wings to Fly beneficiaries were among the students who scored straight A’s in the 2018 Kenya Certificate of Secondary Education KCSE examination results.
View MoreNairobi, 12th March 2024... Equity has fortified its position as one of the strongest banking brands globally by scoring highly, in the 2024 Brand Finance...
View MoreChristmas carols have been around for years and set the stage for celebrating the birth of Jesus.
View MoreEquity has signed up to the Young Africa Works - Kenya; a public private partnership between the Kenya Government, Mastercard Foundation and the private sector.
View MoreInvestment groups, chamas and joint account holders can now withdraw cash from their Equity Bank accounts
View More